February 3, 2017 - by
My vehicle came with a factory warranty, do I still need this coverage?
While new vehicles come with a factory warranty, it will only last a few years, usually three years or 36,000 miles. When it expires, you will be liable for costs of all future repairs. However, if you add a vehicle service contract, also known as extended auto warranty, on your car, your covered repair costs may be paid for by if the part is covered in your vehicle service contract. NOTE: Most plans have a small deductible $100-200 similar to car insurance plans.
Did my factory warranty expire?
If you want to know if your manufacturer’s warranty has already expired or just trying to figure out when it will you can review this table. While it will not show you a specific date, use it to estimate the life of your car’s factory warranty. Know what it is time to purchase an out-of-warranty coverage.
How are vehicle service contract claims paid?
Most vehicle service contract providers will pay for the repairs directly to the repair shop or dealership. The policy owner usually only pays a small deductible after the claim is approved.