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Best Extended Warranty Companies

Extended car warranty protection can be a great investment, and picking the right provider is key. When purchasing an extended warranty, you’ll want to consider which provider is best, which plan is right for you, and how extended coverage can give you the peace of mind you desire and protect you from out-of-pocket expenses.

Below, you’ll find a breakdown of some of the most reputable extended warranty companies. Learn how to find the best extended warranty for your car and budget and why CARCHEX is one of the preferred providers

Extended Warranty Company Comparison

Every extended warranty company boasts “bumper-to-bumper” coverage and low prices. The fact is, some warranty companies deliver, while others fall short—so we’ve compiled an objective look at how all of the most notable extended warranty companies stack up:

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

As you can see, CARCHEX is one of the industry’s best extended warranty companies when it comes to experience, accolades, ratings, and evaluations by both customers and the Better Business Bureau. Talk to one of our representatives to get a free quote on an Extended Vehicle Protection Plan.

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Profiles of Good and Bad Extended Warranty Companies

Not all extended auto warranty companies are the same, though most offer more affordable, comprehensive coverage than factory extended warranties. Here are some qualities the top-rated extended warranty companies share:

  • Variety of plans and term lengths offered.
  • Amount of time you have to pay off your warranty, giving you flexible payment options.
  • Whether the company works with a reputable underwriter.
  • Whether the company’s experts respond quickly and provide good customer service.
  • Number of options the customer has when choosing an ASE-certified mechanic for the work. With a manufacturer’s warranty, you’re typically required to visit pre-approved repair facilities, which limits your options and makes it difficult to get the service you need when you need it.
  • Whether the coverage plan offers a money back guarantee.
  • Whether the company offers transferable plans. You want to be able to transfer your plan if you sell your car.
  • Availability for all drivers. With USAA extended warranty, for instance, you must be a member to apply. CARCHEX doesn’t limit who qualifies for coverage.
  • Optional wear and tear coverage. Most factory plans don’t cover normal wear and tear, but some third-party providers do.

Remember: when it comes to choosing the right plan, make sure you compare your options. Here are some sure signs that you need to shop elsewhere:

  • The salesperson approaches you, says your warranty is expiring, and you need to renew ASAP. Even if your warranty is expiring, you’re not required to purchase an extended warranty right away. However, you might consider it, if you don’t want to be without protection.
  • The salesperson pressures you to buy quickly, not allowing time to review the contract. It’s important to review the details, including the cancellation options.
  • The salesperson pressures you for your financial information. The best warranty service provider will offer plans with various pricing options, along with the option of making monthly payments.

Benefits of Extended Warranties from Third-Party Providers

Extended warranties are available long after your factory warranty has expired—and long after you’ve purchased your car. You can even buy an auto warranty plan for a used car. Unlike factory warranties, vehicle service plans from third-party extended warranty companies offer protection on a variety of cars, including those with more than 100,000 miles on them.

In addition, with a third-party provider, you’re not tied to a dealership’s technicians or their replacement parts. This gives you more flexibility in choosing your own mechanic and more affordable parts.

What Does an Extended Warranty Cost?

Extended car warranty costs vary depending on your coverage. With CARCHEX, you can enjoy a warranty plan for as little as $56 per month* while still getting enough coverage to protect your vehicle, should you experience mechanical breakdowns or unexpected repairs.

With your CARCHEX monthly or annual payment, you can enjoy bumper-to-bumper or powertrain coverage—and everything in between. You’ll also receive perks like 24/7 roadside assistance, rental car benefits, and trip interruption services.

For complete car warranty coverage, ask about the Titanium Level, which is exclusionary coverage for up to seven to 10 years. Other coverage tiers include the Platinum Level, Gold Level, Silver Level, and Bronze Level.

Here’s an overview of our flexible, comprehensive vehicle protection plans:

CARCHEX Vehicle Protection Plans

Find the Right Protection with CARCHEX Today

Many extended warranty providers come and go, but CARCHEX consistently measures above the rest. We’ve been given the green light by smart shoppers for 20+ years. You know what you’re getting when you shop with CARCHEX, which is consistently among the top-rated extended warranty companies in the industry.

Here are some of the benefits of choosing CARCHEX:

  • CARCHEX boasts an A+ customer service rating from the Better Business Bureau and offers a series of flexible plans to meet any driver’s needs.
  • We proudly board high ratings and long track record, as CARCHEX is the most reviewed extended warranty company in the business.
  • Whether it’s a 99.9% customer satisfaction rating or a 5-star review from Google or Trustpilot, our “Customer Experience Above All” motto rings true.
  • CARCHEX allows you to visit your repair shop of choice and connects you to a large network of service experts.
  • Plans are transferable, and if you’re not 100% satisfied, we offer a 30-Day Money Back Guarantee.
  • An expensive fix like an engine replacement can cost you thousands in out-of-pocket expenses, but not with CARCHEX. You can save on high repair and replacement costs with affordable warranty protection.

Warranty coverage is top rate. Advisors are willing to provide feedback to ensure clients purchase exactly what they need. Coverage details are clear and easy to understand. Coverage prices are comparable to other warranty providers.”

Getting a quote is free, fast, and easy. In just a few minutes, you’ll know your car is protected by a top-rated extended warranty company. Call CARCHEX at 866-261-3457 to speak to a vehicle protection specialist today.

*Figure accurate as of May 2017. Average monthly coverage cost is based on the average total price of the Vehicle Protection Plan over a four year coverage period. Actual monthly payments will vary per plan’s payment policy. Individual pricing is subject to change based on the combination of make, model, year, and mileage as well as coverage level and term length.

Sources:

Edmunds: www.edmunds.com/auto-warranty/third-party-extended-warranty-scams.html

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

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

Car Care Council: http://www.carcare.org/ask-the-tech/engine-problems-and-your-options/

CARCHEX: https://www.carchex.com/auto-warranty/testimonials/

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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