Used car warranty companies provide an extended warranty and provide coverage for repairs. However, the warranty is not insurance.
The car warranty companies sign a contract with the consumer and goes on to pay for repairs outlined in the contract. They have various plans according to the consumer's needs. Different plans have different features, covering mechanical breakdowns, wear-and-tear of the automobile's body, seals and gaskets and the damage caused by overheating. There are some plans that allow the customer to make an unlimited number of claims. Some provide free roadside assistance for the full term of car warranty, $100 towing benefits, and car rental and travel expense reimbursement. A variety of convenient payment plans are available to fit a pre-determined budget and the all plans include a money back guarantee.
Companies will provide a warranty only after considering the condition of the car. Normally they provide coverage for vehicles with less than 50,000 miles. A few companies have extended it to 150,000 miles, for older. It is advisable to purchase bumper-to-bumper coverage where parts of the car are covered, except those on the exclusion list.
Car warranties have become a serious business and a few companies have made it big in the industry. The companies have cemented the consumer confidence, by proving financial stability, solid insurance backing, in-house claims handling and verifiable references. Quite a few of them have made it to Top 200 Companies in America. There are many companies in the industry that provide online warranties as well.
A car warranty is a costly affair for consumers and they are often cheated. Purchasing a warranty from a car warranty company always proves handy, and choosing the right company is very important.
Car Warranty provides detailed information on Car Warranty, New Car Warranty, Extended Auto Warranty, Used Car Warranty and more. Car Warranty is affiliated with Extended Auto Warranty.
