Extended auto warranties can provide peace of mind and financial protection for car owners beyond the original manufacturer's warranty. Here's a list of top extended auto warranty companies for 2024, along with their key features to help you make an informed decision.
1. Endurance
- Direct provider of extended warranties
- Six coverage levels to choose from
- Includes one year of Endurance Elite Benefits
- 24/7 roadside assistance
- Rental car coverage
- Trip interruption coverage
- Flexible payment plans
- 30-day money-back guarantee
- Covers vehicles up to 20 years old
- Available in all states except California
2. CarShield
- Six coverage plans available
- Covers cars, trucks, SUVs, and motorcycles
- Month-to-month contracts available
- 24/7 roadside assistance
- Rental car reimbursement
- Choice of repair facility
- Claims paid directly to repair facilities
- Coverage for high-tech components available
- Covers vehicles up to 300,000 miles
3. CARCHEX
- Five levels of coverage
- Partnerships with industry leaders like CARFAX and Kelley Blue Book
- Plans available for up to 10 years
- 24/7 roadside assistance
- Rental car reimbursement
- Trip interruption coverage
- 30-day money-back guarantee
- No-haggle, low-price everyday guarantee
- Choose your own licensed repair facility
- Available in all 50 states
4. Protect My Car
- Three levels of coverage
- Maintenance plans available for older vehicles
- 24/7 roadside assistance
- Rental car reimbursement
- Trip interruption coverage
- Flexible payment terms up to 48 months
- 30-day money-back guarantee
- Oil changes and tire rotations included in some plans
- Claims paid directly to repair shops
5. autopom!
- Four levels of coverage
- Available in most states
- 24/7 roadside assistance
- Rental car assistance
- Trip interruption coverage
- Choice of licensed repair facility
- Direct payments to repair shops
- 30-day money-back guarantee
- Customizable terms and mileage options
6. Olive
- Three straightforward coverage plans
- 100% digital process
- No waiting period for coverage to start
- Month-to-month plans available
- No robocalls or spam
- 24/7 roadside assistance
- Rental car reimbursement
- Choice of licensed repair shop
- No annual mileage restrictions
7. ForeverCar
- Four coverage levels
- Customizable plans
- 24/7 roadside assistance
- Rental car reimbursement
- Trip interruption coverage
- Choice of certified repair facility
- 30-day money-back guarantee
- Coverage for vehicles up to 15 years old and 250,000 miles
8. Liberty Bell Auto Protect
- Three comprehensive coverage plans
- 24/7 roadside assistance
- Rental car reimbursement
- Trip interruption coverage
- 30-day money-back guarantee
- Choice of ASE certified mechanic
- Available in most states
- Coverage for vehicles up to 140,000 miles
9. Concord Auto Protect
- Three tiered coverage plans
- 0% interest payment plans
- 30-day money-back guarantee
- 24/7 roadside assistance
- Rental car reimbursement
- Trip interruption coverage
- Choice of repair facility
- No mileage restrictions on covered vehicles
10. Toco Warranty
- Three levels of coverage
- Pay-as-you-go monthly plans
- 24/7 roadside assistance
- Rental car coverage
- Trip interruption reimbursement
- Hotel and motel discounts
- No down payment required
- Coverage for older and high-mileage vehicles
Key Considerations When Choosing an Extended Auto Warranty
- Coverage details: Understand exactly what is and isn't covered
- Cost: Compare prices and payment plans
- Reputation: Research company reviews and ratings
- Claims process: Understand how claims are filed and paid
- Transferability: Check if the warranty can be transferred if you sell your car
- Cancellation policy: Know the terms for cancelling the warranty
- Exclusions: Be aware of any specific exclusions in the policy
- Deductibles: Understand what deductibles apply and how they work
Remember, while this list provides a good starting point, it's essential to thoroughly research and compare options based on your specific needs, budget, and vehicle. Always read the fine print and don't hesitate to ask questions before committing to an extended warranty plan.