When it is time to buy the vehicle then your car dealer may pitch you about the extended warranties and you might want to tap the breaks. This is because warranties are always a good option when it comes to saving on repair costs that usually you will not want to pay from your personal budget. However, not all of the extended warranties fall under the best categories because there is always the huge probability that you may have missed some points that can give you shock in the end by the time when you need to repair the breakdown.
What is an extended car warranty anyway?
If you don’t know then the extended car warranty is the optional vehicle service contract that you can buy from a reputed third-party vendor. The extended warranties usually cover the price of some major repairs or replacements for a limited number of years or time. They work for both newly purchased vehicles and 2nd hand vehicles.
How to Avoid Getting Scammed?
You may be tempted with so many advantages of the extended warranties and may want to get one. You will have the idea about the cost and pricing you will have to pay every month and have read the contract but unfortunately, even after reading the whole contract, there will be people who will get nailed because they failed to understand certain points. You may find car warranty plans with the following conditions or similar to them and these are things that you should look for before signing and putting your money into the warranties. This even includes those that refer to themselves as the powertrain coverage and bumper to bumper warranty. Here is what you should know about.
Look For The “Wear And Tear” Option?
Wear and tear is a normal part of using any vehicle or practically any physical item in our daily life. A huge number of Car Warranties come with the “wear and tear” option. This means if the issue caused by the normal wear and tear will be covered under the warranty. However, if you missed this then if your vehicle has an issue with its common component wearing out more than the limit of the service provider’s contract then the result would be a denial. This can be quite frustrating as you might be paying for the Car Warranties thinking that everything will be covered (parts under the contract) and this can be a quite frustrating situation.
Is This Your Regular Vehicle?
Though most of us take our cars to our job and this is quite normal. However, if you take your vehicle to your worksite not so often then your claims may get denied because you didn’t include any commercial package in your car warranty plans. If you are taking your vehicle off road or you are doing snow removal then you will want to select such suitable options so your claim wouldn’t be denied just because of this reason.
Regular Oil Changes and Keeping Record of Them
Oil changes are a crucial part of vehicle maintenance and most of us do so on regular basis to keep our vehicle in running status. However, it gets more important when you have an extended warranty. When you are going to have the oil change then you should keep a record of the oil change and always get the inspection sheet or receipt before leaving the garage. They are the crucial evidence that you maintained the oil levels so the providers of extended warranties shouldn’t deny your claim.
Keep Record of Regular Maintenance
As mentioned earlier that oil changing is a crucial part of a vehicle’s running condition but it is also an important part of the regular maintenance routine of your vehicle as well You should read the manual to learn about how often you should be taking your vehicle to the garage for regular inspection when to change fluid and seat belts and you will need to make sure that there want any issue of negligence from your side if any breakout occurs to your car.
Know What You Tow
Not all vehicles possess the same power and capacity so you will need to understand what you are about to tow especially when it is a somewhat heavy weight that seems like your car shouldn’t tow. So if you regularly tow a boat, trailer, or camper behind your vehicle then you will first need to make sure that you aren’t towing more than the limits or recommended weight. If something goes wrong while towing on the back and the transmission of your vehicle goes out then there is a huge probability that your warranty provider will not accept the claim and denial is on your way.
The Parts Included!
Perhaps one of the most important considerations knows the parts that are included in the coverage plan. This is because not very extended warranties include every part of the vehicle so before signing the contract, do make sure that you know what parts are included in the warranty. In case of extended powertrain coverage, the parts that are responsible for running the car on the road will b included and in the case of bumper to bumper warranties, most of the part between the fronts of the car to rear part of the vehicle will be included.
Bottom Line
It will be interesting to know that just like the insurance companies, the third party and even factory warranty provider will like to deny the claim as much as possible. As a warranty holder, you should know about what your coverage providers are providing and then keep a record about your vehicle and maintain a record of every nifty detail that will be helpful in claiming and will make it less likely that your claim will be denied. If you want to make sure that you are getting the best then platforms like Chaiz.com if offering the best way to compare different warranty providers and choose the one that suits your budget and requirements. You can visit the domain for more information.
