Is protect my car a good extended warranty?

Protect My Car is known for having the best maintenance benefits for extended auto warranty coverage. We rate this provider a 4.5 out of possible 5.0-star rating, which makes Protect My Car tied for third place alongside CarShield and autopom!.

Is it worth to take extended warranty on a car?

Buying an extended warranty can cost you a significant sum of money. It is just like an insurance premium but costs you way more than that. We agree the brand or even the third party covers expensive components under this warranty clause but you need to be sure about the fact if you really need it.

How much does an extended warranty on a car cost?

What is the average cost of an extended car warranty? An extended car warranty costs $1,500 on average. The cost of an extended car warranty can be anywhere from $1,000 to $5,000 depending on several factors, including the condition of the car, the car’s mileage, and the amount of coverage included in the warranty.

Why extended warranties are a waste of money?

Well, the worst thing about an extended warranty is that it is overpriced. In fact, about half of what you pay goes to the salesperson’s commission. So a lot of the money you hand over doesn’t even go toward the purpose of the warranty, which is to pay for things that go wrong with the car over the contract period.

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Can you cancel protect my car?

Canceling Protect My Car Over the Phone

The process usually involves these steps: Fill out the Transfer or Cancelation Form. Dial 1-844-556-4762 to initiate the cancelation process. Send the cancelation form to Protect My Car, LLC 570 Carillon Parkway Suite 300 Saint Petersburg, FL 33716.

Does extended warranty cover engine?

Fortunately, if you have any type of extended warranty, your engine is almost certainly covered by your extended warranty, and if you’ve taken good care of your car and just had some rotten luck with your engine, your extended warranty will probably come to save the day.

How many miles does an extended warranty cover?

A large portion of cars on the road today that need repairs have passed the 100,000-mile mark. An extended warranty is like an insurance policy for your car. Many original manufacturers’ warranties for new vehicles are limited to three to five years and only cover a vehicle up to 36,000 miles or 60,000 miles.

Can you buy an extended warranty later?

You can purchase an extended auto warranty at any time, although waiting until the original factory coverage has expired will generally mean paying a higher premium rate. The most advantageous time for purchase may be near the end of the original warranty term.

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