Carchex is a popular name in the extended warranty industry. They offer inexpensive and long-lasting coverage with 18 plans to choose from. They also offer a simple quote process. To find out the best auto warranty plan for your needs, read on to discover the top 5 auto extended warranty companies. These companies are known for their affordable auto warranty costs and convenient online quoting. The following list is not all-inclusive.
Carchex
There are several advantages to purchasing a Carchex extended warranty. First, this company has a proven track record. Their plans have a reputation for being easy to understand and offer a range of features. Customers can also expect 24/7 roadside assistance, towing, rental car coverage, trip interruption, and more. Additionally, these plans include a range of perks, including the ability to lower your deductible and key replacement.
Another perk of purchasing a CARCHEX auto warranty is that it is transferable. This warranty is available for most makes and models. There is one drawback, however: a small deductible applies. In addition, there is no renewable option, and the plan only covers the parts covered by the warranty. Some of the other benefits of this warranty include coverage for emissions, onboard tech, and luxury electronics. Unfortunately, this plan does not cover any aftermarket parts, or regular maintenance.
The price of a CARCHEX warranty varies depending on the plan you choose. Some plans come with a zero deductible, while others feature a high deductible. If you don’t need full coverage, CARCHEX offers a low-cost plan with a $100 deductible. CARCHEX also allows you to pay in installments, so that you can get the coverage you need without breaking the bank. In fact, some of the contracts can cost as low as $65 per month.
Another benefit of a CARCHEX plan is its vast array of plans. There are 25 different types to choose from, including windshield repair and Elite Benefits. Endurance is also a direct provider, meaning there is no middleman. The company offers an online portal for quick quotes. Additionally, customers have the ability to get a free quote, which helps them make a decision on the plan.
While most consumers find the price of an extended auto warranty to be competitive, they may be overpaying for coverage. As with any major purchase, it is important to compare rates from multiple providers before you buy one. Using Secret Shopper analysis to compare prices is one way to avoid paying too much for coverage. Using different vehicle types, mileage, warranty plans, and locations to determine prices will help you choose the best option.
Select Auto Protect
If you need to get an extended warranty for your car, you might be wondering where to go. Select Auto Protect can help. They offer free quotes and agents are available 24 hours a day to answer questions about their policy and extended car warranties. They are also willing to help you in the case of an accident. To get started, visit their website to get a free quote. If you like what you see, you may decide to purchase an extended warranty for your car.
Select Auto Protect offers personalized quotes. The company’s agents can answer all your questions about extended car warranties and explain the different types of plans. You can choose the plan that works best for your budget and needs. They can also explain deductible requirements and coverage eligibility. The best part about Select Auto Protect is that their agents work around the clock. This means you won’t have to wait days to get the assistance you need. This will make your life much easier in case of an accident.
Aside from the quotes, Select Auto Protect also offers a 30 day money-back guarantee and unlimited service calls. Other perks include roadside assistance, gas refill service, lockout assistance, trip interruption coverage, and rental car services. In addition, they have their own production guarantee and are happy to replace parts if they are damaged. While many companies are hesitant to offer extended warranty plans, select auto-protect offers one with great coverage for your car and affordable pricing.
Select Auto Protect has three different plans. There are Cash Select plans and Platinum plans. The Cash Select plan covers basic auto parts, such as the engine, transmission, and steering, as well as car rental services. With the higher-level plans, you can even add on advanced auto parts coverage, such as fuel systems, steering systems, and high-tech amenities. You may choose the best plan for your vehicle’s needs. If you’re looking for a simple plan that covers the basics, select Cash Select.
Another great feature of Select Auto Protect is their 24 hour customer support. No matter how many car repairs your car may need, they’ll help you. They’ll even pay for mechanic bills if you need to. Select Auto Protect also offers a 30-day money-back guarantee. And, unlike other auto warranty companies, this one does not limit the number of claims. If a part cannot be repaired, Select Auto Protect will replace it at no additional cost. The best part about Select Auto Protect is that they cover up to 50 states and will allow you to repair your car at any ASE-certified shop.
Endurance
Auto extended warranty worth it ? If you are considering purchasing an auto extended warranty, Endurance might be a good choice. The company offers several different types of plans, and the endurance secure plan is the cheapest. This plan only covers the most expensive and important parts of your vehicle, such as the engine, transmission, transfer case, drive axle, and turbocharger. This plan is not available in California, so you will have to look elsewhere for coverage in your state. The company does, however, offer specialty coverage to California residents in the form of a Highline plan. These plans combine the benefits of a service contract and a maintenance plan, giving you peace of mind.
The reviews for this company are mediocre, though. Endurance mobile has a few positive aspects. Drivers have given the app an average of 2.6 out of 5 stars. The company simplifies the claims process for its extended warranties by providing a single point of contact for all warranty issues. This is in stark contrast to third-party administrators, which require drivers to deal with multiple companies. Moreover, the endurance mobile app allows customers to take their vehicle to any certified repair shop, reducing the need for multiple forms of documentation.
Among the best benefits of Endurance is its flexible payment options. Customers can choose from twelve, 18 or 24 month terms. While many extended warranty companies are broker-style businesses, Endurance is a direct provider, and its plans are administered by its own employees. The benefit of this plan is that Endurance can make repairs even when you do not have insurance. Furthermore, this company offers a $500 reimbursement for a key fob.
Besides the benefits mentioned above, Endurance also offers a free year of Endurance Elite Benefits. Endurance Elite Benefits cover up to two tires per year and include around-the-clock technical support. The only downside is that Endurance does not require inspection of your vehicle. Endurance covers vehicles up to 20 years old. But it does require proper maintenance to qualify for its coverage.
American Bankers Insurance Co. of Florida
A.M. Best’s A-grade has ranked American Bankers Insurance Co. of Florida among the top 5 auto extended warranty companies. The company is owned by Bankers Financial Corp., which has a stake in the vehicle service contract business and a smaller one in the appliance industry. In addition, Bankers Warranty Group is an affiliate of Bankers Financial Corp., which is a privately-held holding company founded in 1976. The company began in Chicago, selling vehicle service contracts. In 1982, it merged with Ryan Insurance Co., which had been selling vehicle service contracts since 1966.
This company offers a mechanical breakdown insurance plan in select states, allowing customers to use any licensed repair shop of their choice. Other features of its mechanical breakdown insurance plan include 24-hour roadside assistance, rental car insurance, trip interruption reimbursement, tire protection, and roadside assistance. It has one complaint filed against it in the past three years. The company takes a hands-on approach with its customers, including helping prospective buyers navigate the contracts.