Choose Highlight Warranty For Free

The most objective way to measure the value of a warranty is to compare its cost against that of potential repairs or replacement. Combine your research on the odds of product failure, repair costs, and replacement cost to figure out a monetary amount of risk.

Here's how to choose the right extended warranty for your situation. Determine How Much Coverage You'll Need. Get Official Quotes From Multiple Companies. Read the Terms and Conditions. Consider Customer Service.

Your car's owner's manual will have details on the warranty coverage from when the car was initially sold. To find the mileage, check the odometer. If the car's mileage exceeds the warranty limit, the car is no longer covered. If it does not go over the limit, you'll still need to check the date of purchase.

Our advice for getting the best deal on a vehicle protection plan is to compare quotes from reputable extended car warranty companies. While you're at it, check out each company's Better Business Bureau (BBB) ratings and read some customer reviews online.

The older your car gets and the more miles you drive, the more likely it is that you may encounter failing or malfunctioning vehicle parts. Purchasing an extended warranty for cars over 100,000 miles will help ensure that your vehicle is protected long-term in case of a mechanical breakdown.

What is the average cost of an extended warranty? Extended car warranty costs depend on many factors, including the vehicle's type and mileage and the owner's choice of deductible and coverage. In our recent survey, half of the respondents said they paid between $1,615 and $3,208 for their vehicle service contracts.

Whether you should buy an extended car warranty is a personal decision. While many drivers never use a warranty, others are glad to have the extra coverage. If you drive a reliable car and could afford to pay for unexpected repairs out-of-pocket, an extended car warranty might not be worth the cost to you.

Best Extended Car Warranty Companies RankingCar Warranty CompanyOur Award1EnduranceMost Comprehensive Coverage2OliveConvenient Online Process3CarShieldAffordable Monthly Payments4CarchexGreat Industry Reputation6 more rows ?

A warranty typically only covers components of your vehicle that are damaged due to manufacturer defects, like the engine and transmission. Exterior and interior cosmetic damage, like door dings, scratches, and holes in the upholstery, are usually excluded.

Platinum WRAP (Exclusionary) VIP Platinum WRAP is an exclusionary level of coverage that protects all vehicle components on new and pre-owned vehicles (including components listed in all previous coverage levels) against the cost of breakdowns due to mechanical defects, subject to specified exceptions.