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Here are three highly-rated companies that offer extended car warranties.
Car buyers have much to consider beyond what makes and models to drive home with. One of the most significant decisions they’re tasked with is whether or not to get an extended warranty. Of course, there are several extended car warranty companies, but many, like CarShield, aren’t highly regarded. Still, some could be worth the investment.
Here are a trio.
Endurance could be considered one of the top companies for extended car warranties.
There are pros and cons to all extended car warranty companies. However, Endurance is one of the most trusted. The company reports that it has over one million customers as of February 2024, and it’s been around since 2006. In terms of coverage, the company offers three tiers: superior, supreme, and secure plus. Regarding the price, it ranges from $89 to $130 per month.
Endurance is recognized as one of the top-rated extended car warranty providers, boasting a Trustpilot score of 3.7 out of 5 and earning a 9.3 out of 10 from MarketWatch. Despite its positive ratings, the company faces some criticism, particularly from auto mechanics who argue that Endurance often excludes certain repairs from coverage. Nevertheless, the number of complaints against Endurance is significantly lower compared to those filed against CarShield's extended warranty services.
It provides the subsequent functionalities:
- Unlimited mileage coverage
- Terms up to eight years
- Money back guarantee up to 30 days
AutoPom
AutoPom is another extended car warranty company that may be worth it for drivers. For starters, it has an impressive 4.9 rating from TrustPilot and an A+ from the Better Business Bureau. According to the official website, AutoPom offers three coverage options. There’s Exclusionary, mid-level, and powertrain plus.
Similar to many other extended car warranty providers, AuroPom tends to be on the pricier side. Typically, customers should anticipate monthly payments ranging from $125 to $325 for their coverage. According to their website, policyholders have the flexibility to choose their preferred service locations for vehicle maintenance. That said, it's important to note that some auto repair shops might not accept AutoPom, which is a common issue with several warranty companies.
Carchex
For those in search of reliable extended car warranty providers, CarChex is a name that deserves attention. While it may not be the most widely discussed option, this could actually work in its favor. CarChex offers a range of five distinct plans, with the top-tier option being the Titanium plan. Typically, customers can anticipate monthly payments ranging from $150 to $250.
Established in 1999, the company boasts an A+ rating from the Better Business Bureau.
As mentioned, all extended warranty companies have their pros and cons. Additionally, many auto mechanics are skeptical of coverage because of negative experiences. Because of this, drivers should do extensive research before selecting a company to cover their vehicles. Of course, most are more trusted than the CarShield warranty.