Is protect my car a good warranty?

How long has protect my car been around?

Protect My Car is one of the most popular extended warranty providers in the country. The company has high customer ratings from the BBB and Trustpilot and has been in business since 2005.

Who is the best car warranty company?

Top 5 reputable extended car warranty companies

Extended Warranty Provider Our Award Overall Rating
#1 Endurance Most Comprehensive Coverage 9.2
#2 Carchex Great Industry Reputation 8.6
#3 Protect My Car Most Maintenance Plans 8.5
#4 CarShield Most Affordable 8.4

Is car Shield better than protect my car?

Protect My Car and CarShield are both good options for extended auto warranty coverage. While Protect My Car has a stronger customer service reputation, CarShield offers more contracts and coverage at a lower cost. We think Protect My Car may offer greater peace of mind, but you’ll pay a premium for that.

Who has the best warranty for used cars?

9 Best Used Car Warranty Companies

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Best Used Car Warranty Companies Award Our Rating
#1 CARCHEX Best For Used Cars 4.4
#2 Endurance Best Coverage 4.6
#3 Protect My Car Best Maintenance Benefits 4.3
#4 CarShield Best Value 4.2

Does protect my car cover engine?

Engine. Each Protect My Car Extended Warranty plan covers major engine components, plus all gaskets, seals, and all other internally lubricated parts.

What is the average cost of protect my car?

Based on our research, Protect My Car costs between $58 and $79 per month on average or between $2,834 and $3,842 in total for a 4-year/unlimited mileage warranty. If you’re looking for the best deal overall, Protect My Car may not be the best option for you.

What is a fair price for an extended car warranty?

Typically the average cost of an extended car warranty would be around $1,800 with a good quality package and after-sales service. But when you divide that price up into affordably low monthly payments, protection for your vehicle ends up costing a whole lot less than your cable bill.

Why are extended warranties bad?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.

Is it worth getting a car warranty?

What Are the Benefits of an Extended Car Warranty? Extended warranties provide two main benefits: You may save money. If your car needs a costly repair that’s covered under your extended warranty, the warranty could ultimately pay for itself — even if you have to cover a deductible and a portion of the bill.

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Is CarShield a waste of money?

No, CarShield is not a scam or a rip-off, but it is a below-average company. CarShield is a legitimate company that has been providing vehicle service contracts for over 16 years and has earned a 4/5 rating from the consumer review on WalletHub, yet it has a history of complaints reported to the Better Business Bureau.

Is CarShield worth having?

As our pick for Most Affordable third-party warranty provider, CarShield can be a good choice for drivers seeking low-cost coverage. The provider offers multiple coverage plans and month-to-month contracts, but buying any protection plan carries the risk of paying for services you may not need.

How much is CarShield cost per month?

On average, CarShield costs between $99.99 and $129.99 per month. What you pay depends on the type of plan you want and your vehicle condition. CarShield offers limited and unlimited terms with affordable payments compared to other extended auto warranty providers.

How long is warranty on a used car?

Used car warranty

A used-car warranty typically lasts for three, six or 12 months, with older cars often supplied with shorter policies. Cars sold by franchised dealers are often marketed under an ‘approved used’ scheme and are generally covered by a 12-month warranty.

What does extended warranty cover on a car?

An extended warranty is actually an insurance policy on your vehicle, a safeguard against expensive, unforeseen repairs. It covers repairs for an agreed-upon period of time and miles. True warranties, though, are included in the price of the product.

Does extended warranty cover engine replacement?

You will only be responsible for paying a predetermined deductible. Exactly what an extended warranty covers depends on the type of warranty that you choose. But in general, extended warranties cover the critical mechanical parts of your vehicle, including the engine, transmission, axles, and gaskets.

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