Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Auto Warranty and other Car Buying topics.
When you shop around for an extended warranty, make sure you are comparing true bumper-to-bumper exclusionary coverage. Exclusionary policies cover everything—and that means everything—on the car (excluding certain items that are specifically listed in the warranty). Common exclusions include things such as:
In other words, the types of things you wouldn't really expect to be covered anyway. Unfortunately, many of the less reputable warranty companies sell so-called "bumper-to-bumper" warranties that exclude major components and systems. Make sure you read the fine print on your warranty or you may end up being skimped on your coverage.
|Jennifer Mathes, Ph.D.|