How Do I Use An Extended Warranty?

By Author: Steve Khzakia
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An extended warranty is a valuable investment. It is probably one of the most useful auto insurance policies that you can buy. The reason is because it can be used to maintain your vehicle and prevent accidents and damage to the car. In this way, it extends the lifespan of your vehicle, ensures that it runs at optimum efficiency, and that you and your passengers know that the vehicle you are travelling in is safe on the road. Most policies include roadside assistance and other products and services.

If you want to make use of your extended warranty for repairs or maintenance or you have a breakdown, generally all you have to do is contact the insurance helpline. This is usually available on a toll-free number which saves you the cost of the call. They will then direct your query to either the maintenance or breakdown department. If you are stuck on the side of the road then a roadside assistance vehicle will be dispatched to you. If you want to check your car in for service or repairs then the insurance company will arrange for that to be done at a certified mechanic near you. If there is a deductible to be paid, the ...
... insurance company will advise you of the amount and how it can be settled.

What is an Extended Warranty?

An extended warranty is a separate auto insurance policy that covers the cost of repairs to your car when the standard manufacturer or dealership warranty has expired. As its name suggests, the policy is quite literally an extension beyond the standard three- or five-year warranty that comes with the car. Usually when you buy a car, either new or secondhand, it will come with a warranty that often includes a maintenance plan. The maintenance plan covers the costs of having the vehicle serviced on a regular basis as well as the costs of minor or major repairs on the car during the warranty period. This ensures that you have a car that is functioning properly and safe to drive.

When Should you Purchase an Extended Warranty?

An extended warranty can be purchased at any time but it will only start when the manufacturers or dealer's warranty expires. Some people only purchase an extended warranty at that stage. However, it generally works out to be more affordable to purchase an extended warranty earlier. The reason for this is that you will be paying into the policy long before you will actually be using it and auto insurance companies therefore offer better rates. Insurance companies also know that if a vehicle is properly maintained from the start, it is less likely to develop defects as it gets older.

What are the Benefits of Having an Extended Warranty?

An extended warranty safeguards you against expensive vehicle repairs. All vehicles, no matter how reliable, will need repairs and maintenance from time to time. It's inevitable that major repairs will be required after the manufacturers or dealer's warranty has expired. If you don't have an extended warranty auto insurance policy, you may have to dig deep into your pockets to have the repairs done. On the other hand, if you do have an extended warranty, you will only need to pay a small deductible and the balance of the repair costs will be covered by the insurance policy. Having an extended warranty protects you against having to pay out for expensive auto repairs and services.

An extended warranty also allows you to continue to have your car serviced on a regular basis. In this way, the mechanics can pick up on wear and tear on your vehicle and preempt part failures. Replacing worn parts will not only avert possible accidents but will also ensure that your vehicle is always in good running order.

Having a vehicle properly serviced will also reduce the chances of a breakdown. It will also extend the lifespan of your car and help it to retain a higher resale value. Some extended warranties also offer roadside assistance in the event of a breakdown. This provides you with peace of mind, especially when travelling long distances in your car

Deciding on an Extended Warranty

When looking at purchasing an extended warranty, spend some time researching different insurance companies and various types of products. While most extended warranties are fairly similar, some companies offer more competitive rates or additional products and services. Ensure that the company you choose has industry accreditation and try to read up on independent reviews as this will help you select a reliable company.
About Author:
Endurance Warranty.com has been helping car owners save money and gain peace of mind for almost twenty years. You won't find a more affordable or more comprehensive group of extended extended car warranty plans anywhere. Nor will you find more knowledgeable or friendly staff to help you find the warranty for you. Visit online today.