When purchasing an extended auto warranty, the coverage could be confusing if you do not do your research and study the coverage thoroughly. The types of coverage can differ based on the warranty you have purchased, and you should not think that the item is covered if it is not. It is possible that you will end up at a repair location trying to figure out how you can pay for costly repairs.
The first type is the “breakdown” warranty. This isn’t the best type of warranty, but you can decide to utilize it. This kind of extended auto warranty covers broken parts on your car. This type of extended warranty for autos isn’t the best choice because there are many parts that break. Most often, car parts break because they’ve been used up over time. The “wear and tear” extended warranty on autos is a good idea in this situation. If your brakes wear down due to normal usage then the “wear and tear” extended auto warranty could cover the replacement of them.
A word of caution but it’s not likely that you will find an extended warranty that covers overheating. Extended warranties are not the best choice in the event that your vehicle has an history of radiator issues. Most issues with overheating will not be covered. If you’re under a longer auto warranty and your car gets overheated and causes damage, you could end up paying the bill out of pocket.
You might think that all extended warranties are alike, but you should research them thoroughly and make sure you are aware of what each warranty includes. It could be the difference between a huge repair bill or a simple trip to the shop.
You decide to take an excursion on the road with your family. You’re on the highway in a different state, when suddenly; your transmission goes out without warning. You can breathe a huge relief because you have an extended warranty on your vehicle. You manage to get your vehicle to an repair shop, but you find out that the warranty you purchased will not cover repairs made in this particular shop. Now you are stuck with the cost of repairs that is quite high, despite paying the premiums for your extended warranty for months. Were you ripped off?
Not at all. You may not have read the fine print on your extended warranty. Some warranties will be covered for repairs that are made at any repair shop. These are the most preferred types of warranties. Not all warranties are identical. Certain warranties require repairs to be done at the place who the warranty extension was purchased. If that’s the case, then you might have purchased the wrong warranty, especially in case you had been hoping for repair work outside of town to be covered.