Includes 24-hour roadside assistance. Next, we looked at sample contracts when available on company websites to see what each plan offered. Available nationwide through dealerships. Optional Coverage and Additional Benefits. The price I was given was great for a bumper-to-bumper warranty, a reviewer in Maryland said. Protect My Car offers consumers extended auto warranty plans that provide real coverage for vehicles that are no longer covered by their manufactures warranty. Optional coverage to choose from. Thats because its an online car warranty marketplace. Member of the Vehicle Protection Association. Offers 30-day refund guarantee. In an industry prone to scams and hard-sell tactics, its a good idea to comparison shop a few different plan providers, read the contracts thoroughly and make sure youre dealing with a legitimate company. We also reviewed customers experiences with claims payments. Accepts most vehicles up to 20 model years and up to 500,000 miles. Plans available with no down payment and three-year terms. Banks and financial institutions are exempt from the Rule, as are businesses that sell vehicles to their . Do you have to take the car to your dealer? For the difference in price, with what appears near-identical terms, 30-day wait, $100 deductible, etc., I'll gamble.. It has a $100 deductible and covers the majority of vehicle. Why we chose it: We selected CARCHEX as the extended car warranty company with the best range of plans because of its unusual number of plans 25 in total tailored to almost all needs and budgets. It offers three separate warranty plan groups, each with its own set of plan levels, benefits and pricing. I have a super expensive vehicle and if it breaks, that would be very expensive, a reviewer in Nevada told us. Make sure you keep up on your maintenance however, because if youve failed to change the oil for many thousands of miles or do any of the routine maintenance, it could lead to a denial of coverage. olive and the olive logo are trademarks of olive.com. With mechanical breakdowns 50x more likely to happen than car accidents, mechanical breakdown coverage can help cover those unexpected costs. The average total cost of an Olive plan. The olive team wants to make sure you know all of your options so you can make the best decision for your car. No more waiting time for reimbursements because the repairs or replacements are paid as soon as possible. Coverage begins 30 days or 1,000 miles after the purchase date. In an industry with a history of shady dealings and rip-off contracts, we looked at each companys reputation and customer feedback. Had an excellent experience. Quick and easy. 1800Warranty.com offers four levels of protection that start at $39 dollars a month. Available nationwide. Do You Want an Extended Warranty with That? Choose from over 5000 fully inspected second-hand car models. Multiple plan options from different providers. Offers auto warranties for new and used vehicles. Overall, the customer experience with Autopom! Car insurance generally offers collision and liability protection. Thats the portion youll pay out-of-pocket for those repairs. Almost every dealership and 350,000 certified mechanics in the U.S. and Canada accept its warranties. Pros. Claims of slow service, denied claims and other issues were noted if they were common. Its a good option for used cars with higher mileage, which can sometimes be challenging to find coverage for from other warranty providers. The two most common, as weve mentioned a few times are betterment and consequential loss clauses. New vehicles are automatically enrolled in the manufacturers' protection program. Car warranties can be purchased for cars that were bought new as well as used. However, unless you have an extended warranty backed by a manufacturer, which is very rare, what you are actually looking for is mechanical breakdown insurance (MBI) or a vehicle service contract (VSC). Annoyingly, if you get a quote from Carchex, youre agreeing to be contacted by the company or its partners by phone, text message and email. For example, the first plan, Powertrain Plus, offers traditional powertrain coverage but also includes the option of covering the electrical, air conditioning and fuel systems. Review the pricing options before you buy one. The three maintenance plans and their benefits are as follows: Protect My Car has an A+ rating from the Better Business Bureau, which is the highest issued on a scale of A+ to F. Plans are covered under Virginia Surety Co., which has an AM Best rating of A (excellent). Waiting period is 30 days and 1,000 miles. Be sure to keep receipts from all of your routine checkups, oil changes and any other required maintenance, since companies will ask for proof that youre keeping up with the maintenance regimen. olive is completely different. The Titanium plan offers the widest variety of optional coverages, though these vary by provider. When we contacted extended warranty companies to inquire about pricing and details on specific coverage options, we observed how pushy or accommodating each representative was. 30 days. Having a full 30 days before your coverage kicks in will allow you to decide whether or not you need more or less protection. partners with four car warranty providers Integrity Admin Group, EGV Cos. (Omega plans), Royal and Mercury General to offer four different plans. ForeverCar built its popularity through partnerships with major banks and insurance companies, including Liberty Mutual and SafeAuto. Available in all states. You can file claims online or over the phone, and you can schedule repairs through RepairPal. Get a no-questions-asked 5-day money back guarantee and a free one-year comprehensive service warranty with Assured Resale Value on every Spinny Assured car. Reputation, customer service and financial strength will be unique to each warranty provider participating in the Platinum Auto Warranty online marketplace. We found that, without exception, car warranty providers allow customers to bargain for a price below their original quote. Copyright 2022 Consumers Unified LLC. For one 96% of our customers would recommend olive.comto a family member or friend. Provides powertrain and bumper-to-bumper limited warranties, tire and wheel protection, GAP coverage and more. For instance, if an uninsured battery, say, leaks acid onto an insured part, the warranty will not cover the repair. How Much Does an Extended Car Warranty Cost? During these calls, you will be asked to provide personal information like your credit card and Social Security numbers, which is always a red flag. Since the company is a broker, not all queries are directly handled in-house. Under the plan, three years and 60,000 miles of coverage costs $129.32 per month. Offers month-to-month vehicle service contracts. If you are looking for additional coverage to help pay for auto repairs, it is important to know what is covered under your new plan and what your manufacturers warranty covers. The good news is that Carchex phone reps are among the best in the business, and they seem genuinely happy to discuss cheaper or less extensive coverage options. The period of time between filing a registration statement with the SEC and the registration statement being declared effective by the SEC. Covers vehicles with up to 225,000 miles. Very few companies display their pricing online. Protect My Car offers three warranty programs and three maintenance plans. Finally, extended car warranty plans usually dont cover cars used for commercial means, such as taxis, commercial delivery vehicles and cars used for ride-hailing. To ensure we considered experiences from a diverse range of customers, we eliminated any company that had less than five reviews between April 1, 2021, and April 1, 2022, leaving us with a list of 20 brands. Keep in mind that when we refer to the olive breakdown coverage we are referring to MBIs and VSCs. Quotes in less than a minute. With five different plan tiers to choose from, each offering several coverage options, Carchex provides the widest range of coverage of all the companies we reviewed with 21 total plans. When shopping around for auto breakdown coverage, evaluate the provider by asking these questions. was the most enjoyable of the companies on our list. All of the companies partnered with Autopom! If one company is offering the same service for a lower price, tell the other companies and they will almost certainly pull the old let me talk to my manager and see what we can do for you schtick before offering you a price sometimes a few hundred dollars below the original quote. It's not a maintenance policy. More information on the cost of extended car warranty solutions. For more information, read about the differences between car warranties and insurance. Partners with Nationwide to offer coverage for cars and RVs. Same-day processing for most claims. You should also be aware that each plan group is administered by a different entity, as follows: Complete Car Warranty offers three plan groups, and though the coverage options are similar between all three, specific details will vary. Coverage for rental car, fluids and towing included. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Protect My Car offers only three warranty plans: Supreme: The highest level of coverage, this plan is intended for newer vehicles. Please note, if you are moving, you can transfer the remainder of your plan to the new buyer and set up coverage for your new home. High deductibles usually mean lower premiums and vice versa. A Vehicle Service Plan is not a manufacturers warranty. The two main types of car warranties are manufacturer warranties (also called factory warranties and original equipment manufacturer warranties, or OEMs) and aftermarket warranties sold by third-party vendors. The most comprehensive car warranties cover all parts of the car except for wear-and-tear items that require regular replacement, like windshield wipers or tires. Most warranty companies do not require an inspection, which is why most have waiting periods with new policies. They also can be bought at any time before or after the expiration of the manufacturers warranty. A manufacturer warranty is offered to car buyers as a promise that the seller backs a vehicle against design and workmanship defects. Complete Car Warranty is part of Complete Car LLC, based in McKinney, Texas. Notably, the CNG variant has the highest waiting time while the petrol variant's waiting time is about 4-5 months. Key features 42+ Years Of Experience Friendly Customer Service 3,800+ Dealers Nationwide Get pricing Full review Rating 7.0 Order banks for the GLE is fat, but there's no car to deliver Even ageing but popular models are not spared. In contrast, it's pretty normal to see a required waiting period lasting 30 days and 1,000 miles before you can submit a claim. If your vehicle breaks down 100 miles or more away from home and needs to be left at a repair facility overnight . Home Warranty Without Waiting Period - If you are looking for a way to protect your home then then our service is the way to go. Consumers living in California can also purchase mechanical breakdown insurance from Autopom!, which is like an extended car warranty that only covers parts or mechanical breakdowns, rather than accidents, etc. On the other hand, a few say that the claims department can take a little while to call back. It is about Bank Rakyat's special rate promotion starting from 1st July 2021 to 28th February 2022. It offers five tiers of coverage for various vehicles, so there are more specific options for people with varying needs. Extended car warranties help protect you from the costs of expensive vehicle breakdowns, but finding the perfect one for you can be a time-consuming task especially since the industry has been heavily targeted by scam companies. With one or two plan options offered by each provider, theres ample flexibility for customers, including a choice of mileage cap and a maximum term of three, five, seven or eight years. Whether you drive a new vehicle or a used vehicle, olive.comprotects your wallet from unexpected auto repair bills. As Dirty Harry, the well-known industry expert put it, Youve got to ask yourself a question Do I feel lucky?. We're excited to announce Revolos is part of Protective Asset Protection. Unsubscribe at any time. You dont owe the salesperson anything. 24-hour roadside assistance and trip interruption included. Is there a waiting period before the extended auto warranty goes into effect, for example, 30 days and 1,000 miles? How Much Is Car Insurance? We believe customer experiences are a crucial indicator when evaluating companies, so these reviews are a significant factor when selecting our top picks. Available nationwide. Is the providers plan a long-term commitment or month-to-month? Cancel anytime. In stated component warranties, the contract lists exactly the components that are covered. Its important to note that Carchex is a broker rather than a direct provider. Theres more good news, because the companies listed here are well-reviewed, legitimate and are available throughout the U.S. Offers basic, enhanced, exclusionary and stated coverage maintenance plans. Mechanical Breakdown Insurance California. When using a 2015 Subaru Outback 2.5i Limited with 95,000 miles and a $500 deductible as our test case, Olive returned prices that range from $87 to $158 per month. However, Endurances rental benefits are on the lower side, only reimbursing a maximum of $150. When you have both, you're better prepared for the unexpected. Read More, The cost of extended auto warranty solution depends on many factors. My Olive warranty is the best thing thats happened for my car and the most worry free purchase Ive made in a long time.