If you are purchasing an extended auto warranty, your coverage could be confusing if you do not make the effort to study the coverage thoroughly. Coverage types can vary depending upon the warranty and you should not assume that the item is covered, when, in fact, it’s not. It is possible that you will end up in a repair shop looking for a way to cover the cost of costly repairs. Recommended site?
The first kind is the “breakdown” warranty. It’s not the ideal warranty to have, but it is an option for you. This kind of extended auto warranty covers components that fail to function in your vehicle. This type of extended auto warranty is not the best because there are many parts that break. The majority of the time, parts break because they’ve been damaged over time. In this case an “wear and tear” extended auto warranty is ideal. If your brakes wear down due to normal usage, the “wear and tear” extended auto warranty could cover the replacement of them.
A word of caution, though: it is unlikely that you’ll find an extended warranty which covers overheating. This extended warranty isn’t the best choice when your vehicle has previous history of issues with radiators. Most overheating problems simply will not be covered. If you have an extended warranty on your vehicle and it gets overheated and causes damage, you could be liable for the bill out from your pocket.
Every extended auto warranty may appear similar to however, it is crucial to fully research your options and ensure that you know what each scenario your warranty will cover. It could mean the difference between a massive repair bill and an easy visit to the repair shop.
You and your family decide to go on a road trip. You are driving down the road in an alternate state, when suddenly; your transmission goes out without warning. You breathe a sigh of relief because you bought an extended warranty for your car. You manage to get your vehicle into an auto repair shop. However, you discover that the warranty you purchased will not pay for repairs that are made at this shop. Now, you’re stuck with the cost of repairs that is quite high even though you have paid the premiums on your extended auto warranty for a few months. Have you been scammed?
Not at all. It’s just that you did not look closely at the terms of your extended car warranty. Certain warranties provide coverage for repairs done at any repair shop. These types of warranties are highly recommended. Not all warranties are the same. Certain warranties require that all repairs to be performed at the location that the extended warranty was purchased. If this is the case, you might have bought the wrong warranty, especially if you were hoping for repairs outside of town to be covered.