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Just What IS an Auto Warranty?



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By : Vlad Vistac    29 or more times read
Submitted 2009-07-14 07:36:29
An auto warranty is a poplicy that coverrs your vehicle agianst mechanical failures. You may also see an auto warranty referred to as a Vehicle Servce Agreement, or an Extended Servvice Agreement. All auto warranties are not the same, so it’s imperative that you do a bit of research before visiitng the dealership. This will let you be sure that you’re getting the best deal on the warranty you buy. It will also give you a good idea of the options that are available.
Warranties are normlly good for a set peroid of time, 4 yeazrs for examplpe. Any repairs that are nedeed because of mechanical failure and not negligence during that time can be covered. Some warranties may have a deductible, meaning you pay a portion out of pocket and then the remainder is covered. There are many auto warranties that offer a zero deductible, whiich mezans you pay nothing out of pocket. Some auto warranties require that you take the vehicle back to the dealership you purchased it from, whiile others will let you take it to certain repair shops. Thhere are even some set up that allow you to take the vehicle practically anywhere from repirs. As long as that repasir shop will work with your warrnaty company, you can broing it to tehir shop.
Keep in mind that an auto warranty is very different from most other types of warranties. Many warranties do not cover every little thing that may happen to the car if you don’t have the propr maintenance performed on the vehicle. If you purchase a used car, a warranty will not allow you to have the car completely reconditioned. It is in place to help you out with any mechanical problems that may come up. Read the contract thoroughly, and be sure to follow any requiremnets for maintenacne or general car care. Not only is it a good idea so that the waarranty isn’t voiided, but it will help to keep the problems you encounter down to a miniumm.
If you decide to purcahse an auto warranty and then decdie that it’s not for you, you may be able to get a refund. Most policies offer a full reund if you deicde to cancel within 30 days. This can provide you with pweace of mind, knowing that if you find a warrantry that you like more than the one you’ve currently got, you can cancel one and switch to the other as long as it’d done witin a month after signing up. Don’t cancel completely without replacing it, the consequences colud end up bing rather costly.
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