Should I Get One?

Is it Worth It?

No matter how well you take care of your vehicle, the fact of the matter is it will require ongoing repairs and maintenance. This can cost thousands of dollars over the life of a vehicle. Manufacturer warranties protect you in the short-term, but the right Vehicle Service Contract can extend your coverage once the initial warranty expires.

How to Choose

Step one is knowing what to look for when choosing a Vehicle Service Contract. Look for a contract that offers “Bumper-to-Bumper” protection or get as close to it as possible. Many Vehicle Service Contracts will have “wear and tear” exclusions that may limit the true nature of “Bumper-to-Bumper” protection. To get the most value from an extended warranty, look for contracts that include normal wear and tear coverage; oil changes, brake replacements, and filter replacements are just a few of many routine maintenance items that can add up over time if they are not covered.

Researching your vehicle reliability ratings will help you understand what type of contract coverage you should pursue as well. This detail is often overlooked and can result in the purchase of a Vehicle Service Contract that is never used. Also, make sure your manufacturer warranty and Vehicle Service Contract coverage items do not overlap. Overlapping coverage is a waste of money and reduces the value of your Vehicle Service Contract.

What’s In It For Me?

Don’t be afraid to look for add-ons. Bonus coverage items can help a Vehicle Service Contract stand out and add true value to your coverage. The option for Renewal can provide a flexible way to continue to opt in for continued service each year, without having to shop around for new coverage plans. Look for included options like towing, roadside assistance, and car rental service to really get the best bang for your buck. Also, the option to transfer your Vehicle Service Contract upon the sale of your vehicle adds extra incentive to any interested buyers. These add-on items may seem like small details, but the extra value can have long-lasting effects on your wallet.