Why Buy a Warranty in the First Place?
When it comes to protecting the investment you have in your vehicle there is no better way than with an extended warranty. Buying an auto warranty is buying a service contract that guarantees the warranty company will pay for expensive repairs and not you.
It’s also not very surprising that car repairs are expensive, and the newer and more sophisticated cars are becoming increasingly more expensive to fix. The average cost to repair an air conditioning system for example is $825. One covered repair can pay for the entire warranty!
Major Component Average Costs to Repair
Component | Average Cost |
Engine | $6,500 |
Transmission | $4,400 |
Brakes | $1,050 |
Onboard Computer | $1,200 |
Air Conditioning System | $825 |
Starter | $450 |
Oil Pump | $750 |
Radiator | $500 |
Not only do you save money on repairs but many extended warranties also include added benefits such as 24/7 roadside assistance, towing, car rental reimbursement, and travel interruption protection.
A much overlooked benefit of warranty coverage is a vehicle still under warranty has a much higher resale value. This is an additional added value that makes warranties financially more attractive.
Our goal is to provide automotive buyers quality warranty and insurance products backed by the best service in the industry. Our products range from basic powertrain coverage to comprehensive bumper-to-bumper coverage for up to 5 years or 100,000 miles.