How to Choose the Right Company
There are many different warranty companies on the market, all competing for your business. That means that there are many benefits to comparison shopping between them. Be careful to research the warranty administrator (the company responsible to pay your claims) and not only the seller. These sellers (often called brokers) are not responsible to you after they sell you coverage.
Here are some of the most important features to consider:
1. Reputation. An honest warranty company is one that you want on your side. Check them out at the Better Business Bureau or look for reviews of their services online. Check out the major automobile sites on the Internet and find out who they recommend. You can bet they did their homework before choosing a warranty company to recommend. This is very important in finding the right warranty company to entrust your money to. 
2. Licensing and Registration. Check their license and registration within your state. While many states do NOT regulate warranty providers, states like California, Florida and New York have strict regulations. Find out if the company is licensed in those states. Those states periodically audit the warranty companies to make sure they are financially sound. 
3. Longevity. The length of time a company has been in business is an excellent indicator of their financial strength and how they pay their claims. Beware of newer companies that have little or no history.

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Filed under: Extended Auto Warranty Providers, Extended Car Warranty Coverage

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