Who Underwrites Eastern Automotive Extended Auto Warranties?

If you’re in the market for an extended auto warranty, you’ve probably wondered who underwrites Eastern Automotive Group plans. These policies cover all parts and labor, and also include services such as roadside assistance, towing coverage, and rental car reimbursement. What’s more, you can count on a seven-day return policy and 30-day, 1,000-mile warranty to back up your purchase. So what do you need to know to decide if Eastern Automotive Group is right for you?

JM Family Enterprises Inc.

JM Family Enterprises Inc. is a privately held company that provides extended warranty auto insurance programs to dealers across the eastern U.S. It began as a small company called Tender Loving Care that provided vehicle service contracts to dealerships. However, it has grown into a global auto warranty giant that owns four subsidiaries: Fidelity Warranty Services, Inc., Jim Moran & Associates Inc., Courtesy Insurance Company, and Fidelity Insurance Agency. Its services exceed one million contracts sold in 2002.

The JM&A Group, a subsidiary of JM Family Enterprises Inc., provides a variety of insurance and finance products to dealerships. These products are aimed at protecting fleet assets and facilitating the remarketing process. Products offered by the company include rental car coverage, towing, travel, extended mileage protection, and gap insurance. Additionally, the company has more than five thousand service centers nationwide.

AmTrust 2020

AmTrust 2020, a leading global specialty insurer, recently released its “Extended Auto Warranty Advisor,” a free report identifying common trends across auto warranties and their claim payouts. The report also highlights trends in warranty claims for major auto manufacturers. Here are the key facts to remember about the AmTrust 2020 Extended Auto Warranty Advisor. Read on to learn more. And be sure to use it to make an informed decision when purchasing your next extended auto warranty.

True Auto

If you’re looking for an extended auto warranty for your car, you may be wondering what the difference is between a manufacturer’s warranty and an extended auto warranty. A manufacturer’s warranty is backed by the manufacturer of the car, reducing buyer worries about the reputability of the dealership. Some automakers have few dealerships nationwide, but others have hundreds. While buying an extended warranty from the manufacturer may be less expensive in the long run, it may come with dealership markups.

In addition to their warranty, the company also provides powertrain coverage, which covers expensive parts of your vehicle such as the engine and transmission. Purchasing this kind of coverage will help you avoid costly breakdowns of these parts, such as costly transmission repairs. The coverage costs just a few dollars a month, so it’s a great investment if you’re on a budget. But it’s important to understand what MBI and VSC coverage is, as well as what the pricey coverage covers.

While some warranties offer a lifetime warranty, they usually have high deductibles and mileage restrictions, so if your car goes over a certain mileage, it won’t be covered. And some companies also have a waiting period. Extended auto warranty prices are determined based on the vehicle’s year and make, as well as its mileage. You can find lower prices if you’re willing to do your research.

Extended auto warranties are an excellent option if you’re looking for peace of mind. While they can be expensive, they can save you thousands of dollars in the long run. Roadside assistance and repairs are included in the coverage and often are transferable. Many of these warranties have a limited period of time before they are fully paid out. Fortunately, there is data on the issues that can go wrong with your vehicle, making it worth considering.

Before purchasing an extended car warranty, it’s important to ask about yearly mileage limits. Typically, standard packages cover up to ten thousand miles a year, but a higher-priced package may have a higher mileage limit. Make sure you know how many miles you can drive each year before choosing a plan. Many warranties have different limits, so it’s important to ask about them before deciding on a provider.

Costco

Eastern automotive extended auto warranties are offered through Costco’s Auto Program. Through the Auto Program, Costco members purchase vehicles for a lower price than they would otherwise pay for the same vehicle. Members can shop for cars online, over the phone, or in person. All cars are covered by the dealer’s and manufacturer’s warranty, but some models may also come with an extended warranty. The savings will vary depending on the type of vehicle, driving experience, and past loss experience.