Posted on March 31st, 2008 by Warranty Direct
A common misconception is that by waiting to purchase extended coverage, you will get coverage for a longer time. Much like life insurance costs rise as we age, the cost for a car warranty will rise as the vehicle ages and accrues mileage. You will be offered the longest terms and the lowest rates for newer vehicles with lower mileage.
We understand that you may have a warranty from the manufacturer. Our coverage is simply an extension of that, not double coverage. The manufacturer’s warranty has been factored into your price quote. The more factory warranty you have remaining, the lower the cost and greater the length of the warranty extension. In other words, you are paying for tomorrow’s coverage at today’s rates. In addition, our Roadside Assistance benefit, with $100 towing limits may prove to be invaluable during the Manufacturer’s Warranty period. Read more...
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Filed under: Extended Car Warranty Coverage, Q&A - Auto Warranties
Posted on March 27th, 2008 by Warranty Direct
Better extended warranties will NOT exclude damage due to overheating.
Warranty Direct does NOT have an overheating exclusion in its contracts. While many warranty providers shy away from damage caused by overheating, Warranty Direct takes a much different approach. Although damage sustained when a vehicle overheats can be severe, we take care of all repair costs for covered components provided the vehicle does not overheat due to negligence and provided you act immediately to prevent unnecessary damage when your vehicle overheats. In fact, if your vehicle overheats and you require a tow or fluid replacement, Warranty Direct’s FREE 24×7 Roadside Assistance makes sure you get taken care of… fast!
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Filed under: Extended Car Warranty Coverage, Q&A - Auto Warranties
Posted on March 25th, 2008 by Warranty Direct
Wear and tear protection is the highest level of coverage one can purchase. Warranty Direct provides coverage for parts that break as well as those that wear out. As many as 30% of all claims filed are wear and tear related. It is a much broader level of coverage than the mechanical breakdown only plans offered elsewhere.
Most extended warranties define “mechanical breakdown” as a defect in parts and workmanship as supplied by the manufacturer, or a defect that makes the part unable to perform the function for which it was designed. Often, they will state that the gradual reduction in operating performance (wear-and-tear) is not covered. Service contracts that exclude wear and tear will not cover repairs needed because a part’s performance has gradually deteriorated because of normal wear and tear, unless a mechanical breakdown has occurred. Read more...
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Filed under: Extended Car Warranty Coverage, Warranty Direct
Posted on March 24th, 2008 by Warranty Direct
Researching an Extended Warranty Company
Next to your house, your automobile is probably your biggest investment. Finding the right company to entrust your vehicles repairs is easy if one knows where to look. The following resources can assist you in selecting the right company.
Better Business Bureau – The Better Business Bureau (BBB) provides online access to a company’s BBB Reliability Report at http://search.bbb.org/ . The report will show pertinent information about the company as well as its complaint history. The BBB also has a special site for automobile warranty issues at http://lemonlaw.bbb.org/ . Read more...
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Filed under: Extended Car Warranty Coverage, Warranty Direct
