Aftermarket Car Warranties - Top Ten Choices
Aftermarket car warranties have become very common over the last ten years. From dealer aftermarket car warranties, manufacturer extended warranties and private brokers, many choices and options are available. One of the fastest growing aspects of the automotive industry is selling aftermarket car warranties, and with the state of the economy and automotive industry it is no surprise.
All aftermarket car warranties essentially do the same thing, offer protection for mechanical breakdowns in much the same way that collision insurance protects you from accidents. There are many choices for aftermarket car warranties and some of the better known companies are Mogi, AA Auto Protection, Car Chex, US Fidelis, Stop Repair Bills, and Certus.
A few of the lesser known car warranty insurance providers are US Direct Protect, Fidelity Automotive Solutions, Auto Warranties and Warranty Direct, and all of these companies offer a variety of aftermarket car warranties, from new car coverage to older cars and trucks. One distinct advantage of aftermarket car warranties are that most companies will allow you to finance the payments over time, often interest free, and have different levels of protection.
Many people think that aftermarket car warranties are not as good as a manufacturer or dealer policy, when in reality it is more often the opposite. Current aftermarket car warranties can include computers and electronic systems, GPS systems, sensors and more, all the way down to mechanical items like engines and transmissions. Policies are commonly available in 2 to 5 year ranges and can cost less than even a small repair, but the peace of mind of knowing you are protected is priceless.
Some of these policies even include 24 hour roadside assistance and trip interruption reimbursement if you break down on a vacation or business trip. Take some time and shop around, from ‘bumper to bumper’ coverage to basic power train protection, new car warranties are just like health insurance, you do not need it until you need it.
