When shopping for an aftermarket warranty, how do you know which company to trust?

 

 

Between the monthly payments, insurance, and car repairs, it’s not cheap to own a vehicle. With a new car, you have some protection against mechanical failure with the factory warranty, but what about when that coverage ends? The best option to cover repairs would be an aftermarket car warranty.

With so many aftermarket warranty options, you have to do some research to find the provider that fits your needs. We’ve done the work for you and compiled our results to explain the best extended car warranty companies. Compare quotes between some of these top-ranked providers.

 

In this article:

What Is An Aftermarket Car Warranty?

An aftermarket warranty provides protection once the factory coverage expires. You can add it anytime, not just when you purchase the vehicle. Aftermarket car warranties can also be called extended auto warranties, though technically, these are both vehicle service contracts.

These protection plans cover the cost of repair parts and labor, just like the manufacturer’s warranty.

Do I Need An Aftermarket Warranty?

You may never have been in an accident, but you still need car insurance. The reasoning for an extended car warranty follows the same principle. You may not need it right now, but if you ever do, you will be glad the protection was in place.

According to AAA, 64 million Americans don’t have the funds to cover an unexpected car repair bill. Instead, they would be required to go into debt to cover the bill. Are you in this group of people? An average repair bill totals between $500 and $600, but when a major component breaks, you are looking at far more.

Here are a few of the average prices for expensive car components, according to data from DRiV.

Component

Average Price

Engine control unit

$500 to $1,500

Turbocharger

$500 to $2,500

Hybrid or electric car battery

$1,000 to $4,000

Airbags

$1,700 to $2,500

 

These estimates aren’t even dealing with the cost of replacing an engine or transmission. If you had to face one of these repairs today, could you handle it with ease, or would it cause a good amount of stress?

With extended car warranties, you can opt for coverage that provides you with peace of mind. That way, if something should break, you don’t need to worry about how you are going to pay for it.

There are a variety of aftermarket car warranty plans available, so you can customize the coverage you want. If you only need protection for the main parts of the vehicle, choose a powertrain warranty. If you feel more comfortable knowing that everything is covered, you might do better with a bumper-to-bumper plan instead.

Where Can I Get An Aftermarket Car Warranty?

You can get an aftermarket car warranty from a dealership or third-party company. With the dealership, you have access to original equipment manufacturer (OEM) parts and factory-trained technicians. Usually, you must take your car to that manufacturer’s service centers. This can either be a perk or very limiting.

A third-party aftermarket auto warranty offers more flexibility. You can go to any licensed repair shop and visit a mechanic of your choice.

Top Aftermarket Warranty Companies

We performed a complete review of the best extended auto warranty companies and found several companies worthy of your time. In our research, we analyzed each brand through the following criteria:

  • Reputation
  • Customer service
  • Coverage levels
  • Additional perks

Company

Our Rating

Coverage Levels

Benefits 

Endurance

★★★★★

5

Trip interruption, roadside assistance, rental cars, 30-day money-back guarantee, ID theft protection, tire repair/replacement

CARCHEX

★★★★1/2

5

Roadside assistance, gas delivery, towing, rental cars,

30-day money-back guarantee

CarShield

★★★★1/2

6

Roadside assistance, towing,

rental cars,

30-day money-back guarantee

Protect My Car

★★★★1/2

3

Roadside assistance, 30-day money-back guarantee, maintenance plan available

autopom!

★★★★1/2

4

Roadside assistance, rental cars, 30-day money-back guarantee

 

Endurance Aftermarket Warranty

We think Endurance has the best coverage because it handles all of its warranties in-house. Unlike the other options, you aren’t dealing with a broker for coverage. The company has been in business for more than 14 years and has backing from an AM Best A-rated insurance provider. With plans, you can also expect:

  • Quick claims processing
  • Included ID theft protection
  • Free tire replacement or repair
  • Your choice of auto repair facility

Endurance provides customers with five tiered options for coverage.

Endurance Plan

Coverage Details

Supreme

This is the most inclusive plan and offers bumper-to-bumper coverage.

Superior

This plan protects hundreds of stated components.

Secure Plus

This plan has the shortest waiting period (30 days/1,000 miles) and covers the braking system, steering system, and electrical components.

Select Premier

Designed for high-mileage vehicles, this plan covers basic components from major systems.

Secure

As the most affordable option, this plan includes standard coverage for vital powertrain components.

 

Endurance offers a long list of benefits, including roadside assistance through its Endurance Elite Membership program, but these are only included for the first year of your aftermarket warranty contract.

We’ve seen Endurance have a B+ rating with the Better Business Bureau (BBB), but it has recently been lowered to a C+ due to advertising complaints. These issues have been resolved, but the grade still suffers. The company comes close to a 4.0-star rating from over 1,000 customer reviews, so people seem to have plenty of positive experiences with Endurance.

To see how much you would pay for an Endurance auto warranty, get a free quote.

 

CARCHEX Aftermarket Warranty

We’ve done an in-depth review of CARCHEX and think it has the best service. The company provides five coverage levels for almost any vehicle. It offers comprehensive options for new, pre-owned, and hybrid vehicles. Every plan comes complete with several perks, including:

  • 24/7 roadside assistance
  • Towing coverage
  • Rental cars
  • Trip interruption service
  • Gas delivery
  • Your choice of mechanic

CARCHEX is considered a broker. That means it works with top-rated partners to find the best coverage at the lowest rate.

Here are the five aftermarket car warranty plans and what each includes:

CARCHEX Plan

Maximum Term Length

Coverage Details

Titanium 

10 years

Similar to a factory warranty, this is a comprehensive bumper-to-bumper warranty with a small list of exclusions.

Platinum

10 years

This plan covers hundreds of listed components.

Gold 

10 years

Ideal for cars with more than 60,000 miles, this plan covers all major systems.

Silver 

7 years

This is a complete powertrain warranty plus coverage for electrical, air conditioning, and fuel systems.

Bronze 

6 years

This is a basic powertrain warranty that covers engine components, transmission parts, and the drive axle.

 

 

CARCHEX offers low or $0 deductibles and won’t require a down payment. If you are unsatisfied for any reason, you can also take advantage of its 30-day money-back guarantee.

This aftermarket car warranty provider maintains an A+ rating with the BBB. Most importantly, the plans are transferable if you decide to sell the vehicle. You pay a $50 transfer fee, and the new owner can enjoy the benefits of your aftermarket warranty. That protection automatically increases the vehicle’s resale value.

Learn more about coverage from CARCHEX by getting a free, personalized quote.

 

CarShield Aftermarket Warranty

Since its start in 2005, CarShield has provided protection plans for more than one million vehicles. Most CarShield extended warranty plans include:

  • 24/7 roadside assistance
  • Courtesy towing
  • Rental cars
  • Flexible payment plans
  • Your choice of mechanic

In total, CarShield has six coverage levels for consumers to choose from.

CarShield Plan

Coverage Details

New Car Diamond

This plan offers complete bumper-to-bumper protection similar to the manufacturer’s warranty. Since it has the most coverage, it’s the most expensive option.

Platinum

This comprehensive coverage is designed for high-mileage cars and includes the radiator, electrical, braking, suspension, and steering systems, as well as many other parts.

Gold

This powertrain plus plan includes the powertrain and a few other key systems, like the fuel system, air conditioner, alternator, and starter.

Silver

This powertrain warranty is the most affordable option and covers all lubricated parts on the engine, transmission, and water pump.

Aluminum

This is a specialty plan for high-tech components and covers power windows, the audio system, navigation, and other electrical components.

Motorcycle and ATV

As the name suggests, this plan covers specialty vehicles like motorcycles and ATVs.

 

If you look at CarShield reviews, they are a little all over the place. One important thing to remember is that CarShield has a high volume of policies. That means if CarShield gets 500 BBB complaints over three years and has 500,000 policies in place, that’s technically only 0.1 percent of the customers that are unhappy. That’s not too shabby when compared in that light.

Most CarShield aftermarket car warranty plans can be transferred, and we like how you can select a month-to-month contract.

See how much it would cost for your vehicle to be covered by CarShield.

 

Protect My Car Aftermarket Warranty

With almost 15 years in business, Protect My Car is based in Florida and offers several perks with extended warranty plans:

  • 24/7 roadside assistance
  • Rental car benefits
  • Flexible payment terms
  • Option to add maintenance coverage
  • Your choice of repair facility

Protect My Car offers three levels of coverage, plus the Ambassador Policy.

Protect My Car Plan

Coverage Details

Supreme

This plan is the most similar to a factory warranty and is best for newer cars.

Select

This plan is designed for cars with more than 50,000 miles that don’t qualify for Supreme coverage. 

Driveline

This plan offers basic protection for cars up to 10 years old or with more than 80,000 miles.

Ambassador Policy

This maintenance plan includes oil changes, tire rotations, roadside assistance, and repair discounts.

 

Protect My Car doesn’t have a BBB grade, but it has almost five stars from over 600 customer reviews.

Learn more about Protect My Car by getting a free quote.

Protect My Car CTA

Autopom! Aftermarket Warranty

Autopom! has been in business for 10 years. We like how this company focuses on providing a smooth claims process and top-notch customer service. All plans come with some additional perks, such as:

  • 24/7 roadside assistance
  • Rental car coverage
  • Your choice of repair facility

This provider has four levels of coverage, but some plans are only available in California.

autopom! Plan

Coverage Details

Exclusionary

This is a comprehensive bumper-to-bumper warranty with a small list of exclusions.

High-Level

This stated-component plan covers most major systems and parts.

Mid-Level

The Mid-Level plan provides greater protection than the Powertrain Plus plan with added coverage for the suspension, steering, and braking.

Powertrain Plus

This aftermarket warranty covers a vehicle’s basic systems like the engine, transmission, drive axle, transfer case, differential assembly, and turbo/supercharger.

 

Autopom! has an A+ rating with the BBB. It almost has five stars from customers, but that’s coming from less than 30 customer reviews. 

Get a free, personalized quote for an autopom! extended warranty to see what you would pay.

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How Much Does An Aftermarket Warranty Cost?

The price of an aftermarket car warranty depends on several factors, including:

  • Vehicle age
  • Vehicle mileage
  • Vehicle make and model
  • Level of protection you want
  • Chosen deductible
  • Provider you choose

Generally, you can pay upfront or monthly. To find the aftermarket warranty that works for your budget and vehicle, it’s best to contact several providers for quotes.