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What Are the Best Extended Warranty Companies?

If you’re looking for a used car warranty, you want to make sure you’re shopping with the best extended warranty companies. But do you know how to identify a trustworthy source and how to spot a red flag?

The car warranty experts at CARCHEX can answer these questions and more, including what kind of coverage you need for your particular vehicle, future plans for the car, and financial situation.

The Best Extended Warranty Companies: Learn Your Options

There are many well-known auto warranty providers in the business. Some of the most popular providers are:

  1. CARCHEX
  2. AA Auto Protection
  3. AutoAssure
  4. Concord Auto Protect
  5. Endurance
  6. Protect My Car

So how do you know which extended warranty provider is the best one for you? We’ll show you how to evaluate your options.

What to Look for in the Best Extended Warranty Companies

There’s no single factor that determines what makes the best auto warranty company, so we’ve put together a few tips to help you identify the kind of provider that works best for you.

Read Expert Reviews

When researching your options for best warranty provider, there are many third-party reviewers that can help you determine the best companies in the business.

For example, Thoroughly Reviewed has compiled a list of car warranty company rankings to show you how the extended warranty competition measures up. Its reviews are based on business ratings, coverage options, claims, repair centers, and cost.

Other reputable expert sources include:

Know the Important Factors

When reviewing your options, the following factors can help you pinpoint the best extended warranty company for you and your car:

  • Years in Business
    • If a company has been in the industry for many years, this is one indication of its reliability and success. Prioritize companies that have been in the warranty business for many years.
  • Insured Plans
    • Look for a company that offers insured warranty plans. This will help make sure that you are getting great protection for your vehicle.
  • Partnerships and Endorsements
    • Great warranty providers hold impressive partnerships and endorsements from industry leaders and experts, including insurance companies. Use the reputable sources list above to see what the industry experts are saying about these car warranty providers.
  • BBB Accreditation and Rating
    • The mission of the Better Business Bureau (BBB) is to advance consumer confidence and trust in the marketplace. In order to be accredited by the BBB, a company must meet certain standards that demonstrate its ability to maintain consumer trust. Look for companies that are BBB accredited and have high ratings.
  • BBB Complaints
    • The BBB keeps track of the number of valid customer complaints that a company receives. Avoid warranty providers with lots of complaints.
  • Plan Flexibility
    • The best coverage providers will work to find the best extended warranty plan for you. Make sure the representative is willing to tailor a plan to your needs, like a monthly payment that works for your budget.
  • Claims Paid to Repair Shop
    • The warranty company should pay claims directly to the repair shop. Never choose a company that makes you foot the bill and then wait around for reimbursement.
  • Your Choice of Mechanic
    • You should be able to take your vehicle to the mechanic of your choosing. Make sure the warranty provider doesn’t restrict you to using a dealership or single chain.
  • Money Back Guarantee
    • The best extended warranty companies will stand by their products and services. Before you sign a contract, make sure you ask about money back guarantees and how they will ensure your satisfaction.

How Do the Best Auto Warranty Companies Compare?

So now that you know what factors are important when evaluating your options, how does the competition stack up? The chart below compares the best extended warranty companies:

As you’ll see, CARCHEX clearly wins the race for warranty coverage against its competitors for several reasons:

For example, when you compare Endurance to CARCHEX, you’ll see that we are endorsed by more industry leaders and partners, as well as more experienced in the vehicle protection plan industry.

What Else Sets CARCHEX Apart from the Competition?

Competitive Pricing and Payment Plans

CARCHEX finds the best pricing for the highest levels of coverage available, backed by the most reputable participants in the auto industry. And we offer affordable, flexible payment plan options.

Wide Range of Coverage Plans

The most important step in the buying process is making sure you choose the right vehicle protection plan. CARCHEX offers five levels of coverage with many plans available within each level, from Titanium (bumper-to-bumper coverage) to Silver and Bronze (powertrain coverage), and vehicle service contracts to cover everything in between.

CARCHEX Vehicle Protection Plans

Transparency

We take a different, more consultative approach than most other companies to ensure that customers feel confident in our services and plans before purchasing. In addition to answering your questions about vehicle protection plans, our protection specialists will walk you through competing providers’ plans as well to make sure you’re working with the best extended warranty company for you.

Excellent Customer Service

Ingrained in our company culture is the promise of Customer Experience Above All. Our goal at CARCHEX is to give everyone the absolute best customer service possible. Rather than use strong-arm sales tactics, we’ll give you the tools and information you need to make an educated decision on which coverage plan and provider is best for you.

Here’s what some of our customers have said about our service:

[My representative] was very informational, very knowledgeable, and it was a pleasant experience and very nice customer service skills … I would recommend him and the company to others who are in need. - Anthony, June 2018”

“Very courteous and helpful when signing up for the program over the phone.” – Cheryl, June 2018

“Very nice and good customer services.” – Bertha, July 2018

“Outstanding customer service representative answered all questions. Also spoke with her supervisor who also was very knowledgeable and friendly! I was very impressed with the professional service and would highly recommend to anyone needing their product.” – Gerald, July 2018

CARCHEX Extended Warranty Reviews

CARCHEX is one of the best rated extended warranty companies, boasting scores such as an A+ rating with the Better Business Bureau, score of 10.0 on Thoroughly Reviewed, 4 out of 5 stars on Shopper Approved, 8.58 out of 10 rating on TopTenReviews, and more.

Additional Benefits

CARCHEX provides additional benefits for all of our plans—including 24/7 roadside assistance, car rentals, trip interruption services, gas delivery, and more.

Get the Best Extended Warranty Now

Start protecting your vehicle today with an Extended Vehicle Protection Plan from the best extended warranty company in the business. We understand better than anyone else why you want to make sure you find the best extended warranty company. That’s why we’ve spent the last 19 years raising the bar and offering customers what they really need.

Call us at 866-261-3457 or fill out the online form to find the best extended warranty for your needs.

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Sources:

Thoroughly Reviewed: https://thoroughlyreviewed.com/car-warranty/best-extended-car-warranty/

Better Business Bureau: http://www.bbb.org/council/about/

Better Business Bureau: https://www.bbb.org/greater-maryland/business-reviews/extended-warranty-contract-service-companies/carchex-in-hunt-valley-md-23015869

Thoroughly Reviewed: https://thoroughlyreviewed.com/car-warranty/carchex-reviews/

Shopper Approved: https://www.shopperapproved.com/reviews/carchex.com/

Top Ten Reviews: https://www.toptenreviews.com/services/auto/best-extended-car-warranty-services/carchex-review/

CARCHEX 118 Shawan Road, Suite 210 Baltimore, MD 21030 (FL License # E155490)

© 2018 Carchex. All rights reserved.

We proudly offer the CARCHEX No-Haggle, Lowest Price Everyday Guarantee™ for all of our auto warranty and car inspection programs.
Consistent with consumers’ understandings and expectations of the market in which CARCHEX operates, CARCHEX uses the terms “warranty”; “extended warranty”, “extended auto warranty”, “extended service protection plan” and similar terms to describe the more technical term “vehicle service contracts”. For more information, see this FTC link or learn more here or by reviewing CARCHEX’s website.
CARCHEX markets and sells extended warranties on behalf of third party extended warranty providers, and your extended warranty will be between you and the provider. This website site is intended solely for the purpose of providing general information regarding the purchase of extended warranties. Specific contract terms, rates, taxes, fees and other charges are determined upon validation of vehicle information and acceptance by the extended warranty provider, for which CARCHEX is not responsible. Extended warranties may not be sold where prohibited by law.
CARCHEX 118 Shawan Road, Suite 210 Baltimore, MD 21030 (FL License # W469753)
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