The sections below will provide an overview of everything you need to know about car warranty quotes. Getting the best quote for your needs is essential for saving money and getting the proper protection for your vehicle.
How Car Warranty Quotes Work
You’ll want some cost estimates before getting too far into the extended warranty shopping process. Contacting a warranty provider is a good first step. You’ll supply the representative with certain pieces of information like the make, model, and mileage of your vehicle, before receiving a free quote.
Once you’ve gotten a few car warranty quotes, compare them to find the best coverage plan for your budget. There are two ways you can receive warranty quotes from providers:
- Calling the provider to receive a direct quote over the phone, or –
- Getting a free online quote through the provider’s website
Though our team recommends getting quotes online so you can compare rates from multiple providers simultaneously, calling the company is your best option if you have specific questions about rates or plans, or if you want to speak directly with a representative.
How Do I Get A Car Warranty Quote?
Whether you use a warranty provider’s online quote tool or speak to an agent over the phone, you’ll need to provide the following details to receive a personalized quote:
- Make, model, and year of your vehicle
- Your vehicle’s condition
- Your vehicle’s mileage
- Vehicle identification number (VIN)
- Your contact information
After offering this information and mentioning which coverage plan you’re most interested in, you’ll receive a quote via email or over the phone.
What Factors Change Your Car Warranty Quotes?
The following factors could change the rate you’re offered when receiving car warranty quotes:
- Vehicle type: Car models that are more likely to suffer a mechanical breakdown will typically receive higher quotes than more reliable ones. You can use RepairPal* to check your car’s reliability score compared to the industry average.
- Vehicle condition: Those with an older or higher mileage vehicle can expect to receive steeper car warranty quotes.
- Deductible amount: If you set a high deductible, you’ll likely get a lower monthly rate. However, this requires you to pay more out of pocket when you head to the repair shop.
- Coverage type: Drivers who decide to get an extensive coverage plan will pay extra, but will also receive more benefits than those who purchase limited coverage.
- Coverage length: If your extended service contract lasts for a longer period, it’ll cost more overall, but you’ll potentially pay less per month.
The best way to find out exactly how much you could pay for vehicle protection is by comparing car warranty quotes from multiple providers.
*RepairPal is a trusted site that analyzes average repair prices, part replacement costs, maintenance costs, recalls, and mechanical problems across many auto manufacturer brands and models.
Buying Extended Car Warranties Online
When receiving car warranty quotes, it’s best to understand what coverage types are available and the factors that impact the pricing, such as your vehicle type and mileage.
Aftermarket Car Warranty Vs. Car Warranty Quotes
An extended car warranty helps to cover the cost of certain car repairs and part replacements. You can buy an extended warranty, often called a vehicle service contract (VSC)*, from either a car manufacturer or from a third-party provider.
Many people buy extended warranties to continue the protection offered by the factory warranty. The average new vehicle warranty from a dealership lasts around three years, though a few automakers may offer up to five years of coverage.
It’s smart to get car warranty quotes as early as possible because most automakers require you to have purchased this coverage before the factory warranty expires. Third-party companies, on the other hand, usually allow you to buy at any point and tend to be considerably cheaper.
Note that many providers offer mechanical breakdown insurance (MBI) rather than vehicle service contracts. MBI coverage is not a form of auto insurance, but rather protection against damages caused by vehicle defects.
Our Extended Car Warranty Survey
To get a better understanding of how customers feel about their warranty plans, our Motor1 Reviews team surveyed 1,000 extended warranty owners in October of 2023. When it comes to the question of dealerships vs. aftermarket warranties, customers seemed to trust auto manufacturers a bit more than independent providers. Here are some statistics we found:
- 59 percent of respondents got their extended warranty from their manufacturer
- 21 percent go their warranty from an independent warranty provider
- 60 percent of independent company consumers got their warranty from CarShield, making it the most popular third-party provider
- The majority paid between $1,500 and $3,500 total for their warranty
Extended Car Warranty Coverage Types
An extended auto warranty is designed to cover specific parts and types of auto repairs. The amount of coverage you’ll receive depends on your chosen plan and should be written in your contract. These are the three basic types of extended coverages that you can get car warranty quotes for:
- Exclusionary: Also known as a bumper-to-bumper warranty, this coverage option is the most comprehensive plan available. An exclusionary warranty covers most of a car’s major components, with only a short list of exceptions.
- Stated component: The opposite of an exclusionary plan, a stated component warranty covers a list of specified components. Everything not on the list is considered un not covered.
- Powertrain: Powertrain protection covers critical parts that power a car such as the engine, transmission, transfer case, drive shafts, and differentials. An extended powertrain warranty is a smart option for older vehicles with a lot of miles on them.
If you’re looking for comprehensive coverage on your vehicle, it’s worth checking out an exclusionary warranty plan. After all, basic powertrain coverage won’t protect critical parts such as your vehicle’s air conditioning system, fuel system, or alternator.
Extended Car Warranty Exclusions
An extended car warranty isn’t meant to pay for every expensive repair you face, as they only cover issues related to normal use. Damage from accidents, theft, vandalism, or environmental causes should instead be taken care of by your car insurance company.
Extended warranties rarely cover routine maintenance, although some providers offer add-on coverage that pays for regular services such as oil changes and tire rotations.
Parts that are subject to wear and tear through normal use will also be left out of your coverage. These include the following:
- Brake pads
- Spark plugs
- Air filters
To find out which exclusions could apply to your policy, look at sample contracts offered by leading new and used car warranty companies.
Common Extended Warranty Perks
You’ll find some common bonuses as you explore your extended vehicle warranty options. Here are a few of the extra benefits that auto warranty providers often include with their plans:
- 24-hour roadside assistance: Services can include battery jump-starts, fuel deliveries, flat-tire services, and towing assistance to the closest repair facility.
- Rental car reimbursement: If your vehicle needs a covered repair service, you could be reimbursed for the cost of a rental car.
- Trip interruption coverage: This is especially helpful if you have a covered breakdown over 100 miles away from your home. You’ll receive assistance to pay for food and lodging for at least a few days from your extended warranty provider.