Common Features of
Auto Warranties
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Features that Fit!
When it comes to purchasing an automotive warranty plan,
it's important to understand what these plans entail.
Although many plans are different, they often share
particular features. Here are some common features of
auto warranties to help you understand more about these
plans and what they cover.
Duration: Most basic warranties will cover you
for a period of two to five years and a certain amount
of miles. You can purchase extended vehicle warranties,
also known as auto service contracts, that extend your
coverage after the initial warranty ends. You have the
option of purchasing an extended warranty from the car
dealership or directly from a warranty company.
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Bumper-to-Bumper Coverage: This is a common
feature of all initial warranties. Basically, this means
if your car breaks down, it is replaced free of charge.
However, this feature does not cover things like tire
changes or oil changes, which are the consumer's
responsibility.
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Free Scheduled Maintenance: Some warranty
providers lure customers by offering a period of time
where they receive free scheduled maintenance like
tune-ups and oil changes. Make sure that any company
offering free scheduled maintenance is not trying to
entice you into a costly plan that you may regret later.
Free scheduled maintenance is great -- when it's offered
along with an affordable and extensive warranty plan.
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Seatbelts and Airbags: It is federal law that
automakers provide coverage for airbags and seatbelts
for 5 years or 50,000 miles. So, if you purchase a new
vehicle, you can rest assured that these items are
covered for that long.
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Deductibles: If you decide to go with an extended
warranty plan to protect your vehicle, you may be
required to pay a deductible. Whether or not you have to
pay a deductible and how much it will be depends on the
plan that you choose.
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Roadside Assistance: Many warranty providers
offer roadside assistance. This ensures that if you
break down on the side of the road, you can get help
with a simple phone call. If you can get this feature,
by all means do so. Roadside assistance often covers the
cost of a tow truck and sometimes even the cost of a
rental car to use while your vehicle is repaired. And
anyone who has dealt with a breakdown while traveling
can tell you that this is a very valuable service
indeed!
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There are many other features of auto warranties and
extended auto warranties that vary depending on the
provider and individual plan. To find out more about the
features that go along with different policies, contact
the warranty company of your choice. Always make sure
you fully understand what is included and what is not
with the vehicle warranty plan that you choose. Being
educated on all the ins and outs of your policy can save
you lots of time and trouble down the road!
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