Smart Car Warranty Shopping

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How do I pick a good warranty company?

Smart Car Warranty Shopping

If you are considering purchasing a car warranty either from a dealer or direct from the warranty company, there are some key questions you should ask up front to make sure you aren't being taken for a ride. Make sure you ask:

• How long does the warranty last?
• What, if any, is the mileage limitation?
• What's covered?
• What's the deductible amount?
• Who does the repairs?
• Who pays the bill?
• What, if any, maintenance requirements exist?
• Can you cancel without penalty?

You should also check the warranty company out with both the Better Business Bureau and a rating agency such as A.M. Best or Standard & Poor's.

   

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Patricia Walters-Fischer