The Benefits Of An Extended Warranty
Purchasing an automobile is a large monetary investment that the vehicle owner expects to be
worthwhile. However, there is no guarantee that the car will not experience any problems so the owner
should consider some additional protection. An extended warranty provides coverage after the initial
service contract has expired and there are several reasons to get one.
The new or used car dealer usually sells initial auto warranties that cover the automobile for a specified
period of time or certain number of miles. Consumers get these to provide them with peace of mind
that should a component break or prove faulty, the out of pocket cost to repair it will not be outrageous.
These contracts cover the major parts in the car such as transmission, engine, air conditioning unit, and
When the standard auto warranty ends, an extended warranty begins. This additional service contract
provides comprehensive, bumper-to-bumper coverage. Insurance companies back it, so there is no large
commission added to the coverage. Therefore, the monthly payments are very low, even on the lowest
deductible contracts. These contracts are insured so consumers can be confident that future claims will
Filing a claim is easy and requires little work on the part of the vehicle owner. The licensed repair facility
contacts the claims administrator to get repair authorization. Rather than being forced to pay the entire
bill and then waiting to be reimbursed, vehicle owners need only pay the policy deductible. The car can
be repaired immediately without the owner having to pay a lot of money.
An extended warranty is more inexpensive when purchased through a source other than a dealer. It
provides bumper-to-bumper coverage while requiring only a low deductible payment for repairs.
Obtaining this type of coverage is a wise idea for any new or used vehicle owner.
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