When purchasing a new or new-to-you vehicle, most shoppers are not thinking about the repairs they may eventually have to make to it. So when a sales person throws out a question asking you if you want to purchase an auto warranty, it is in your best interest to know about them before you purchase the vehicle.
Do you need the coverage if you already have adequate auto insurance?
That depends.
Auto Warranty Information For Plano Residents
Combining an auto warranty with proper insurance coverage is like having a mocha frappuccino with whipped topping and chocolate drizzled on the top – it sweetly satisfies a hungering appetite for financial peace.
What Plano Residents Look For In An First-rate Auto Warranty
Auto warranties come in many forms and with a variety of coverage options. If the sales person gives you a document without the following terms, you may only be getting scanty information about the coverage you are getting. It’s important that you have access to the full contract in order to make a wise buying decision. Following is a list of terms that you will see in an actual auto warranty contract.
Important Definitions For Auto Warranty Buyers
Two terms are extremely important for you to understand before buying an auto warranty: “mechanical breakdown” and “failure”.
The term “mechanical breakdown” is defined “as a defect in parts and workmanship of the manufacture's supplied part, or a defect that makes the part unable to perform the function for which it was designed,” according to Tom Andrews, a consumer auto warranty watchdog.
This definition concludes that if a part is defective, it will malfunction while it is still under the factory warranty and therefore must be replaced by the company.
“Failure”, on the other hand, includes a much broader spectrum of coverage because it includes both defective manufacturing and normal wear and tear that occurs from proper use of the vehicle.
Since nearly one in four auto repairs needed are because of normal wear and tear, you will want to be sure that you purchase an auto warranty with both “mechanical breakdown” and “failure” coverage. Some companies may also call this an extended auto warranty.
How Plano Auto Owners Avoid Auto Warranty Scams
Purchase your auto warranty from a direct seller, not a car dealership. Remember that sales personnel are trained to sell products that ultimately result in commissioned pay. Purchasing from a direct seller puts you in contact with someone that is knowledgeable about the product while also cutting out the extra expense of having a middleman involved in the purchase.
The Perfect Mix: Auto Insurance And Auto Warranties
Your auto insurance gives you the kind of protection you need for accidents and collisions while an auto warranty protects its mechanics.
TriStar Insurance Professionals, based in Plano, TX, is a full-service insurance agency owned and operated by Roger Harkins. Specializing in consumer insurance programs inluding homeowners, auto, boat, and life insurance they also specialize in commercial insurance offerings for small to medium sized businesses. Low cost is always important, but far more critical in both the personal and business coverage arenas is making sure that there are no gaps in your coverage. Find out today simply by calling Roger Harkins or John Coyle at 469-464-5790 . The call and any quotes you request are always confidential and free!
Be sure you have the best auto coverage for the best price in Plano by contacting our offices today. You will get a free quote along with answers to all your auto insurance questions.
