One problematic situation many car owners have is what to do when coming to the end of their vehicle’s original manufacturer warranty. It’s the moment when you start taking note of all those expensive repairs and replacements you need, as they can come at a high price. How can you save yourself from the financial loss of going without a car warranty? One of the best methods is to purchase an extended auto warranty, also known as an auto protection plan.
Before making the decision to purchase an auto protection plan, it is important to know what alternatives you have in terms of coverage and how, by considering needs and finances, to select the right option. These are some tips to help you through the process and ensure that your vehicle has the best protection possible.
When Can You Purchase an Auto Protection Plan (Auto Warranty)?
You can purchase an auto warranty any time before the expiration date of your current warranty or even after it expires. Some people choose to overlap the coverage so not a day goes by that they aren’t protected. In most cases, it can take up to 30 days for an auto protection plan’s coverage to kick in, so don’t allow your car to be unprotected by letting your original warranty expire without securing new coverage. If your manufacturer’s warranty has already expired, move quickly to get yourself covered once again.
Research Auto Protection Plan Providers
There are many auto protection plan providers, so it’s essential to carry out detailed research on each provider with regards to their trustworthiness and what they offer. Look into other customers’ reviews and ratings. Other important factors that should be considered are their areas of specialization and whether they have provisions for the make and model in question.
Find Out What Providers Cover
Every provider will have different coverages and what their auto protection plan offers. Some plans are very comprehensive (see what we cover at Everything Breaks); however, other plans only cover certain repairs or components. Choose a plan that has the coverage you need for your car.
Don’t Forget to Read the Fine Print
You should always go through the fine print of any contract before signing it. This will enable you to know the terms of the warranty and what is covered or not. Some shady providers hide things in their contract that can harm you in the long run. At Everything Breaks, we are upfront with what we cover, and we pay out 100% of claims on the vehicle components we protect. Don’t be screwed over by unknown costs and contract stipulations.
If there is anything in the contract you do not fully understand, please ask questions and seek clarification from our helpful team! You should always consider your budget and look for a plan that fits into what is within the price range you can afford while ensuring the best coverage for your vehicle.
Now, what are some things that need to be done when your current warranty is about to expire?
1. Take a Close Look at Your Car’s Maintenance Record
During the period of your car warranty, you should check out its service history. This could also give you an opportunity to see any patterns of problems or common wear and tear that maybe should be addressed. It is also a good idea to discuss with your mechanic whether there are specific problems that may become apparent in the future.
2. Define What You’re Currently Getting from Your Warranty
Knowing what your coverage is will help you decide on the additional insurance needs that may come up. Review what your current warranty includes and any gaps in the coverage that you would like to be covered under a contract for an auto protection plan.
3. Ask Lots of Questions
At Everything Breaks, we’re here to help you make the best decision for your car. Maybe you only need critical coverage, which we sell for as little as $1 a day! If you need something more comprehensive, we’re happy to help!
With these suggestions, deciding to purchase an extended auto warranty will be a lot easier for you. However, you need to research the fine print and ask questions to receive accurate coverage for your car at a fair price. Stop waiting for your warranty to run out and start planning today!
Get in touch with us for a free quote and consultation.
