TOP THREE OF THIRTY TWO
USED CAR WARRANTY COMPANIES
According to their website: Endurance is one of the largest providers of vehicle service contracts in the nation. Endurance Warranty is backed by an AM Best “A” rated insurance company, an A+ member of the Better Business Bureau, and proud to be certified by the Vehicle Protection Association.
Unlike many protection plan resellers, Endurance is the direct administrator and obligor of most plans we offer. That means there’s no middleman involved, and we can be with you every step of the way – from quote to claim. We also pride ourselves on providing the best customer service in the industry.
According to their website: Protect My Car provides consumers with extended auto warranty plans that have real coverage for vehicles that are no longer covered by their manufacturer’s warranty. Whether your vehicle was purchased new or used, if your manufacturer’s warranty is about to expire, or has already expired, an extended auto warranty plan can save you thousands of dollars in repair bills.
Since the majority of vehicle repairs happen 3-5 years after the original purchase date, which many times is outside of the manufacturer’s warranty coverage period, leaving you responsible for paying the full repair bill. However, when you purchase a policy from Protect My Car, you could pay as little as $100.00 for your major repairs. That’s a lot of savings!
We look at a company’s general background as the first indicator of its strength.
1. Age: Any extended warranty company with at least 7 years in the industry has demonstrated legitimate longevity. Age alone can be a statement of financial stability with the resources necessary to assist its customers and pay their claims when needed.
2. Size: The more representatives the better. Nobody wants to have extended hold times when reaching out to their service provider.
3. Price: Price rankings are based on a combination of total warranty cost, deductible options, available promotional discounts, and coverage add-ons.
4. Reviews: Third party reviewers pull information from other review companies such as TrustPilot, ConsumerAffairs, & ConsumersAdvocate to come up with averages. This is the most important ranking factor as it gives a broader view of how many people see the company.