Whenever you buy a new car, you would always get a warranty based either on the number of years or the mileage. During that period, you can drive your car with peace of mind knowing that should anything bad ever happen, you will be saved by the warranty.
But as most other drivers would gladly tell you, more often than not, big accidents would happen when your manufacturer's warranty has run out. So what should you do when such a thing inevitably happens? The answer is Extended Auto Warranty. And these are the top 3 Extended Auto Warranty right now.
AutoPom! is a California-based extended auto warranty that has been in the business since 2010. They are a member of the Better Business Bureau with a customer rating of A+. So as a company, you can trust them to do what's right for their customer and fulfill their end of the bargain.
AutoPom! has several coverage plans based not only on the kind of parts that you want to be covered but also on the state of your car. They always encourage new customers to contact their sales representative to get a better understanding of their plans and also to get a proper quote.
AutoPom! offers four kinds of plans that vary mainly on the covered parts. The PowerTrain Plus is their most basic plan and it provides coverage for the most essential components and some electrical systems as well, such as engine, transmission, air conditioning, etc.
All the subsequent plans expand further on that initial coverage. Each one includes more parts than the next. Until eventually virtually all mechanical and electrical components are being covered in their most comprehensive Exclusionary plans.
Other than that coverage, AutoPom! also offers some additional benefits to their customers. Such as rental vehicle assistance, the ability to choose your own repair shop, nationwide breakdown coverage plus Canada, 24-hours roadside assistance, trip-interruption reimbursement, and many more.
As a fellow California-based extended car warranty, Toco has some similarities to AutoPom, especially when it comes to coverage. Just like AutoPom, although there are several coverage plans available, it doesn't mean you can simply choose which plan you want to take.
The main factors that contribute to the kind of coverage that you're able to take are the make, model, year, and mileage of your car, as well as how many miles you drive each month. For a more thorough explanation and information, they always encourage new customers to give them a call.
There are several differences between Toco and other extended car warranties. The most notable ones are the waiting period and the pay-as-you-go payment method. When you apply for an extended warranty with Toco, there is a 30-day waiting period before the contracts would activate.
That period is there in order to get more information about the potential customer. Does your car have any pre-existing condition, how many miles do you actually drive in a month, your style of driving, and many more. That way, they could adjust the kind of coverage that they could offer to you or simply decline to provide their service if you are deemed to possess high-risk factors.
Their pay-as-you-go payment method is there to help ease the financial burden of their customers. Rather than having to pay a lump-sum amount for your extended warranty cost, you could simply pay a set portion of the total amount each month. And you could also cancel the contracts anytime you want, but a cancelation fee might apply.
Other than those two main differences, the rest of their policy is quite similar to AutoPom. And just like its competitor, Toco also offers some additional benefits to its customers. Such as 24-hour roadside assistance, rental car benefit, hotel & motel discount, trip interruption benefit, and many more.
When it comes to the policy regarding coverage, most extended car warranty act by the same rule. The higher the risk of your car breaking down, the less they would be willing to cover. But even at the lowest coverage plan, it should usually involve protection to the major system on your vehicle. And Endurance, just like Toco and AutoPom! before it, play by the same rule.
Endurance offers several coverage plans and additional benefits. And all of them are pretty similar to the ones offered by other extended warranty companies. But one of the most notable differences is the fact that Endurance is willing to accept a higher risk vehicle that fits the criteria of 20 model years and up to 200,000 miles.
But that doesn't mean they accept just about any vehicle. Endurance won't accept vehicles with pre-existing conditions. And similar to both previous companies in this list, Endurance also encourages potential customers to contact them for further support and information.
Another glaring difference with other companies is that Endurance embraces and even thrives on its digital-based services. When you become a customer of Endurance, you would be able to see your policy and other personalized information regarding your coverage through their Endurance Dashboard.
You can set up a username and password so that you can sign in to your dashboard whenever you want. You could even view and print your membership card through the dashboard. You could either show the digital card through your phone whenever you need them or you could request a printed card from Endurance.
AutoPom!, Toco, and Endurance are the top three extended car warranties in the US and Canada right now. And as you can surmise from this brief article, most of them offered similar things when it comes to coverage plans and additional benefits. The difference between them is the little options and details.
When we talk about top companies in the industry like these three, one is not necessarily superior to the next. All you as a customer need to do is to look for the one that is the most suitable for your particular needs and preference. But the important thing is you can't go wrong with choosing either one of them. If you are looking for the best extended auto warranty we suggest you read our guide to find out everything you need to know!