Every year, our team of experts examines the best extended car warranty companies in the country. We collect quotes, survey warranty owners, and read hundreds of online reviews in the process. Our team also mystery shops to gain a broader perspective of the overall customer experience. Powered by 1,475 hours of research into the extended car warranty market, our review team gave ForeverCar an overall rating of 4.5 out of 5.0 stars and awarded it our Best Value designation for 2023.
Our ForeverCar Review And Methodology
Industry standing, coverage, cost, transparency, and customer service are the categories we consider when reviewing extended car warranty companies. Here are some further details on these criteria and how we rated ForeverCar in each of them:
Better Business Bureau (BBB) ratings, state availability, and business partnerships are a few of the things we factor in when reviewing warranty providers in this category. ForeverCar carries an A+ rating from the BBB and is available in every state except California and Washington. The company partners with companies like Carvana, Assurance, and American Family Insurance to provide third-party repair plans. Because of this, we give ForeverCar a healthy 4.6 out of 5.0 stars for industry standing.
We give ForeverCar a 4.4 out of 5.0-star rating for coverage. The company offers four plans: Platinum Plus, Platinum, Gold, and Silver. These plans are available for new and used vehicles with 150,000 miles or less. There are no mileage limits for ForeverCar’s vehicle protection plans. As a bonus, some wear-and-tear parts such as brake pads, windshield wipers, and fuses are covered under the Platinum Plus plan.
ForeverCar features low monthly costs for its plans, along with deductible options of $0, $100, $250, or $500. Monthly payment amounts are fixed for three years, which gives customers cost certainty and allows for more flexibility than the upfront payments required by some warranty providers. For these reasons, we give ForeverCar a strong 4.8-star rating for cost.
For added context, our team gathered quotes from ForeverCar. We requested price estimates for various coverage levels on a 2017 Honda CR-V with 45,000 miles and a 2017 Chevrolet Silverado with 50,000 miles.
The quotes process with ForeverCar was simple and the representative was friendly and helpful. We received price points for all coverage tiers and follow-up information with discount offers. The ForeverCar rep didn’t try to upsell or pressure us at all.
ForeverCar earns a perfect 5.0-star rating in transparency by offering a 30-day money-back guarantee and making it easy to find sample contracts on the company’s website. Along with thorough explanations of what’s covered by each plan, ForeverCar clearly lists exclusions.
We give ForeverCar 4.1 out of 5.0 stars for customer service. The company’s strong Trustpilot ratings (4.8 out of 5.0 stars) are tempered a bit by its lack of a mobile app. ForeverCar does offer an online chat option, which isn’t a given in the extended warranty industry.
Based in Chicago, ForeverCar.com began in 2014 as a warranty comparison website. Over the years, it has grown into a reputable extended car warranty company. One way that ForeverCar has grown so quickly is through partnerships with companies like CUNA Mutual Group, Consumers Credit Union, SafeAuto, and Liberty Mutual. ForeverCar also holds partnerships with many auto dealers, meaning that it’s possible to obtain a ForeverCar extended auto warranty while purchasing your new or used car.
ForeverCar offers vehicle protection plans that center on convenience, transparency, and trust. The provider matches car owners to warranty administrators by evaluating desired coverage, term duration, and cost criteria.
ForeverCar holds a great reputation. Not only does it actively maintain an A+ rating with the BBB with 8 total complaints over the last three years, but it also has a 4.8-star rating on Trustpilot from over 4,000 reviews.
How Much Does ForeverCar Cost?
Our team reached out to ForeverCar for quotes on two different vehicles. Monthly payments ranged from $53 to $78 per month for 36 months. Total costs ranged from $1,744 to $2,808, which is less expensive than average for an extended warranty.
The cost of an extended auto warranty depends on a number of factors, like your vehicle’s age, mileage, accident history, location, and the plan you choose.
Here are the details on the quotes we received. All plans come with a $250 deductible.
|Vehicle||Liberty Bell Warranty Plan||Term Length||Monthly Payment|
|2017 Honda CR-V||Platinum||3 years/unlimited miles||$52.50|
|2017 Chevrolet Silverado||Platinum||3 years/unlimited miles||$62.83|
|2017 Honda CR-V||Gold||3 years/unlimited miles||$49.95|
|2017 Honda CR-V||Silver||3 years/unlimited miles||$48.45|
|2017 Honda CR-V||Platinum Plus||3 years/unlimited miles||$78.00|
ForeverCar Warranty Plans
ForeverCar offers a total of four protection plans for any new or used vehicles with 150,000 miles or less. All warranty plans are available only for 3 years/unlimited miles.
Platinum Plus Plan
The highest level of coverage available, the Platinum Plus plan provides comprehensive, bumper-to-bumper coverage and added coverage for parts that require frequent replacement. These parts include:
- Brake pads
- Batteries (excluding hybrid batteries)
- Headlights and all other bulbs inside and outside the vehicle
- Belts and hoses
- Wiper blades
- Wheel alignment
The Platinum plan is ForeverCar’s bumper-to-bumper warranty that may be comparable to a car’s factory warranty. The exclusionary plan covers almost all vehicle parts with the exception of those that require frequent replacement from wear and tear. The plan also does not cover regularly required maintenance or aftermarket parts not installed in the factory.
The mid-range vehicle service contract is the Gold plan. In addition to Silver plan repair coverage, this warranty covers the following parts:
- Anti-lock brake system
- Power seating, windows, doors, and mirrors
- Digital displays
- All sensors
- Rear glass heating
- Windshield washer pumps
- All radiator components
- Heat/AC blower motor and heater core
For hybrid and electric vehicles, the Gold plan also covers all components involved in battery charging and voltage regulation.
Considered the most basic warranty through ForeverCar, the Silver plan is a powertrain warranty that covers vehicle repairs for the following parts:
- Drive axle
- Brakes (except brake pads/disks)
- Air conditioning
- Seals and gaskets
Additionally, the Silver Plan covers unique components like cables and transformers for hybrid, electric, and Continuously Variable Transmission (CVT) vehicles.
ForeverCar Plan Benefits And Limitations
Unlike some other warranty companies, ForeverCar offers customers the ability to choose their own deductible and wait period customization. Most warranty companies require a 30-day, 1,000-mile waiting period before they will cover any car repairs. With ForeverCar, though, you can choose from multiple options, with some waiting periods as low as 200 miles. Deductibles range from $500 to as low as $0.
ForeverCar requires that you use a preferred repair shop for all covered repairs and will help you locate the best repair facility near you.
Finally, all ForeverCar warranty plans include 24/7 roadside assistance (up to $100 per occurrence), rental car reimbursement ($35/day for up to 10 days), and trip interruption coverage (up to $200 per day for five days).
Benefits Of Extended Car Warranties
You may be wondering if purchasing an extended used car warranty is worth it for you, so let’s cover the benefits of extended protection.
An extended warranty, also known as a vehicle service contract, is a plan that car owners can purchase for new or used vehicles. These plans essentially provide coverage for car repairs needed due to parts malfunctions or manufacturer defects. An extended warranty can provide vehicle owners with financial peace of mind beyond the factory warranty.
When you look at the costs of common car repairs, many extended warranties will pay for themselves after a few visits to a repair facility and save you money in the long run. These costs are based on approximations provided by RepairPal.com.
|Oxygen sensor replacement||$763–$863|
|Catalytic converter replacement||$3,341–$3,416|
|Mass airflow sensor replacement||$515–674|
Most extended car warranties provide other great benefits as well, including:
- 24/7 Roadside Assistance: There’s nothing worse than ending up stranded on the side of the road with an empty gas tank, dead car battery, or engine trouble. Luckily, most warranty companies provide customers with roadside assistance. This service typically includes tire repair, battery charging, gas delivery, or towing coverage.
- Rental Car Provision: In the unfortunate event that your car ends up at a repair facility for multiple days, most warranty companies provide rental car coverage in some form. Some pay for the rental car upfront while others offer rental car reimbursement, but either way this perk makes your extended auto warranty even better.
- Trip Interruption Coverage: No one wants to be stranded far from home while waiting for car repairs. Luckily, many warranty companies understand that this hassle creates financial stress, so they include provisions for lodging and food if you end up stranded while traveling.
- Payment Plans: While many dealers expect payment for an extended warranty upfront, most third-party warranty companies allow you to split the cost of an extended warranty into monthly terms that work for your budget.
- Transferability: Many warranty companies allow car owners to transfer warranties to subsequent owners. If a potential buyer knows that the vehicle they purchase from you will come backed with extended protection, it may provide them with a sense of trust and make your vehicle more desirable.
Our Verdict On ForeverCar: 4.5 Stars
When you purchase a new or pre-owned vehicle, the last thing you want is to end up spending your paycheck on car repairs. Luckily, extended warranties provide vehicle owners with some peace of mind while providing great benefits along the way.
If you’re in the market for an extended auto warranty, ForeverCar is worth a look, especially if you’re looking for a provider with a good reputation. There are a few places where the provider doesn’t stack up to the competition, though, such as the lack of coverage for vehicles with over 150,000 miles.
Our Recommendations For Extended Auto Warranty Coverage
In order to find the best coverage for the best price, we encourage you to get several quotes so that you can compare them. ForeverCar is among our top warranty providers, along with the following highly rated companies.