What Company Sells the Best Auto Warranty Insurance?

The majority of drivers know that when you purchase a vehicle, it comes with a manufacturer’s warranty. This warranty will usually last up to three years or 36,000 miles. During that time, the company promises to cover all the major parts of your car such, as battery, belts and air conditioning. However, once that warranty expires, you will have to pay for any part of your car that breaks down. To avoid this situation, you can get auto warranty insurance.

Auto warranty insurance is a policy that will kick in once the manufacturer’s one expires. Depending on the company you choose, there are several coverages you can get. But, overall, the auto repair warranty insurance will pay in case you need to replace or fix your car components. The best thing about this is that the premiums are affordable.

Keep in mind that buying auto warranty insurance does not exempt you from purchasing a proper insurance policy since these are different protections. With a car warranty, the parts of your car will be covered in case those need repair due to standard wear. If you want coverage for accidents, theft or vandalism, you need to have an auto insurance policy, such as the ones that Surex offers. Plus, while an auto warranty is optional, auto insurance is a legal requirement. 

To help you get the best auto repair warranty insurance, we have created a list of the top companies in the industry.

The top 5 auto warranty insurance

The two most important things you need to keep in mind when purchasing an auto repair warranty insurance are checking the company is trustworthy and that the coverage is enough. That’s why in this section you’ll find the companies that offer the best service and plans.

• Endurance

Endurance was founded in 2006 and today is one of the top companies in the industry when it comes to car warranties. At the moment, Endurance offers plans for high mileage vehicles as well as old car models. All the coverages you can find in Endurance include roadside assistance, trip-interruption reimbursement and rental cars. When purchasing this warranty, for one year, you will get a personal concierge, tire replacement and ID theft recovery, among others.

There are many advantages when buying an insurance warranty, such as, you have five plans to choose from, the protection is valid at any licensed repair facility, and there is a 30-day money-back guarantee. The only downside is that the company requires all your personal information and car details to provide a quote. 

• Protect My Car

Protect My Car has been around since 2007, and it’s a great option for anyone who is looking for some flexibility on the payments. This company offers three different plans to choose from depending on your needs. The first one is Driveline coverage which is directed towards vehicles that are four to ten years old. The Select plan is meant to protect cars with more than 50,000 miles. The last one is the Supreme plan which is design for drivers that have minimal mileage. The best part is that the deductible for this warranty is low.

The benefits you will get with this car warranty include a 30-day money-back guarantee, full coverage after the deductible and a rewards program. The only flaw of Protect My Car is that you won’t get a quote unless you provide them with your contact information. Plus, for this process, you will need to speak with an agent. 

• Carchex

Carchex has been in the industry for two decades, which means this is the company with the most experience. What makes Carchex stand out is that they are a warranty marketplace. In other words, using Carchex, you can compare the plans of different providers. They also offer flexible repayment terms and a 30-day money-back guarantee. Carchex is perfect if you are looking for a warranty that is affordable since they only require a small amount of money upfront. 

The auto repair warranty insurance that you can get with Carchex can last up to 10 years. However, keep in mind that depending on where you live and the provider you choose, the coverages will vary. The upside, is that as the driver, you can choose the repair facility, and you will get protection for your car keys. 

• CarShield

CarShield was founded in 2005, and it’s well known for its quality roadside assistance that is available 24/7. Also, CarShield is one of the few companies that offer coverage for ATVs and motorcycles. Depending on the plan you choose, you can also get coverage for rental cars. But, some benefits that you can get with all policies include flexible repayments and courtesy towing. The only disadvantage of CarShield is that you will have to provide extensive personal information to get a quote.

When you pick CarShield, you will have the possibility to choose different warranty plans. The Diamond has the best coverage since it will protect your engine, transmission and fuel pumps, among others. The Platinum plan is perfect for vehicles with higher mileage. The Gold and Aluminium plans are a great option if you are looking for extra protection. You need to know that the affordable plan that CarShield offers, only gives you limited coverage. 

• Concord Auto Project

This is one of the younger companies in the market since it was founded in 2013. However, since then, the Concord Auto Project has turned into one of the top companies that provide car warranties. What makes this company stand out in the market, is that with all their plans you will get rental car coverage. This is really useful in case you get into an accident since you will get a rental car while your vehicle is in the mechanic. Other benefits you get to enjoy with the Concord Auto Project are a 30-day money-back guarantee and roadside assistance.

As we’ve seen with other companies, you won’t get a quote from the Concord Auto Project unless you speak with an agent or provide much personal information online. Further, this company offers three levels of coverages depending on your needs.