Extended Vehicle Warranty Car Insurance Quote

From LoveToKnow Insurance

Obtaining an extended vehicle warranty car insurance quote will help you decide if it is financially feasible to purchase a plan or whether you should instead take your chances with auto repair bills.

Extended Auto Warranties

Extended Warranties Explained

Extended warranties for vehicles are coverage plans purchased to pick up where a manufacturer warranty leaves off. Although many car makers and dealerships attach attractive warranties to both new and used vehicles, an extended warranty can make sense for people who either do not want to deal with potential auto repairs or who plan on keeping their vehicles for a long time. In theory, the longer a person keeps a car, the more potential there is for necessary repairs and the more an extended warranty may be a viable solution.

Extended warranties cover the cost – or a portion of the cost – of certain vehicle repairs. The amount of coverage depends on the warranty company and the amount of coverage initially purchased. Vehicle owners can purchase simple extended warranties which only cover major repairs or can instead choose to buy a plan that covers an expansive arena of repairs.

Obtain an Extended Vehicle Warranty Car Insurance Quote

You are not limited to the car dealership when looking for an extended vehicle warranty car insurance quote. It is true that most car dealerships offer extended warranties and will aggressively attempt to sell coverage to car buyers. But you need to be aware that the dealership may not always have the best coverage at the lowest price. If you know that you want to purchase an extended warranty, it’s a great idea to shop around and get some quotes to make sure you find the best deal.

Banks and Credit Unions

Many banks and credit unions team with extended warranty companies to offer coverage to people applying for new or used car loans. You do not have to apply for a car loan in order to inquire about an extended warranty through your financial institution. Simply call your bank or credit union and ask if this product is offered. The ease of obtaining the quote will depend on the procedures of the financial institution.

Extended Warranty Companies

You can find extended warranties for vehicles online. There are many companies that provide quotes via the Internet, and this makes it easy to compare between several companies with relatively little effort. Keep in mind, however, that the credibility of a company is just as important as the cost of the warranty. In other words, finding the absolutely lowest cost for an extended warranty should not be the sole decision factor. You want to make sure that the company you purchase the coverage through will actually be there when the time comes to file a claim.

Plenty of companies provide instant quotes online for extended vehicle warranties. Here is a brief list of companies offering quotes online:

Required Information

Obtaining a quote does not involve a lot of information. Many companies will provide a generalized quote based on very basic information such as the car’s make and mileage. In order to receive a more specific and accurate quote you may need to provide information including:

  • The car’s year, make, and model
  • The exact odometer reading
  • The Vehicle Identification Number
  • A history of previous repairs

The more accurate the information you give, the more accurate the quote you receive will be.

Some companies also require an inspection of a vehicle prior to providing coverage. Companies requiring an inspection do this in order to make sure the car is in full working order before the warranty is issued. Not every company requires an inspection, and most warranty companies will issue coverage without ever having physically examined the vehicle.



 


Comments

Larry,

For the best coverage information I suggest that you contact your current insurance company and ask for their recommendations. They will know your existing coverage and will ensure that you don't duplicate your coverage.

Thanks for your question.

-- Contributed by: SusanWeber

Require extended vehicle repatriation cover on a new vehicle which will be in France for approx 4 and half months. The vehicle is covered whist in France for all breakdowns and minor repairs on another policy.

-- Contributed by: Larry Croker

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