You might not be sure if it is worth investing in a vehicle service contract or extended car warranty, as they are also referred to. Some people don’t see the logic in paying for something they might or might not use, because you can’t be sure that your car will break down during your coverage period.
But if you think about it like that, than what’s the point of paying for medical insurance, too? After all, you might or might not get sick. The point is it’s a good idea to be prepared for the worse and hope for the best.
Should you get an extended car warranty?
Extended car warranties are a great idea especially if you own a car that has a lot of mileage on it. Used cars are obviously more prone to breakdowns than new cars. That doesn’t mean owners of new cars can’t benefit from vehicle service contracts. Their standard warranty will cover them only for a few years, 3 or 5 in most cases. After your vehicle exceeds the 60,000 miles, it is pretty much exposed. Not to mention the fact that standard warranties only cover the essential parts of your car, but there are a lot of other components that can fail you.
An extended car warranty will offer you roadside assistance if you’re left in the middle of the road, towing services and depending on the company, even money for a hotel or to rent a car while yours is in the shop.
EasyCare – Is it a good option to consider?
EasyCare is a bit strict when it comes to its requirements. It will only cover vehicles that are 2 years old or newer and have a mileage of maximum 24,000 on them. That is a pretty big disappointment. However, if you do fit into their requirements and are eligible, you can extend your standard car policy to 5 years or 120,000 miles.
Another useful thing about EasyCare is that it operates in the entire country, so you’ll benefit from nationwide coverage.
EasyCare has more than 30 years of experience in the industry and it covers more than regular vehicles: you can also insure your RV, leased vehicles or commercial ones.
The deductible in case of a breakdown is $100, which is an average amount in the industry and you can leave your car in any shop. There are no restrictions as long as the shop is within the US borders. EasyCare includes roadside assistance and rental car reimbursement for up to 6 days (you get around $30 per day).
There are 4 plans offered by EasyCare: PowerCare, PrimaryCare, StatedCare, TotalCare.
The most basic plan is PowerCare. It covers all the major parts of your car such as your engine, your transmission, gaskets, seals and drive axle.
The PrimaryCare plan is quite similar to the PowerCare plan, as it is also a basic and less expensive one. It covers all the parts included in the PowerCare plan and adds a few extra ones: your A/C and heat, fuel system and your brakes.
StatedCare is a more premium option and a more comprehensive one. You should definitely consider this plan if you have a high-tech vehicle.
The most expensive option you can choose is TotalCare, which is also the most complex one.
EasyCare doesn’t offer specific quotes on the website, so if you’re considering signing up with them you have to contact them to get precise numbers.
EasyCare comes with a 30-day money back guarantee and allows you to break your payments into monthly rates, for a period of 18 months.
EasyCare is definitely not the most flexible and transparent extended car warranty provider out there, but it does come with its advantages. It is experienced and trustworthy, it offers nationwide coverage with no restrictions in terms of shops and it is reasonable in terms of pricing and payment options.