How To Compare Extended Warranties

By Author: Steve Khzakia
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In order to make sure that you are getting the best possible deal on your extended warranty, it's a good idea to take some time to research your options. There are several ways in which you can do this. When you purchase your car from a dealership, you can ask about both manufacturer and extended warranties. Having this information can help you compare your options with other insurance companies. You may decide to go with what the dealership offers or you could find a better deal elsewhere. At least this way you will have looked into all your options.

Where Else to Look for Extended Warranty Options

One of the most convenient ways to search for information on extended warranties is online. Most search engines will kick up a variety of online brokers and insurance companies. At a glance, you can see what they are about, what type of extended warranties they offer, what industry accreditation they hold and how their rates compare to other companies. It's especially helpful if they have a call center that you can phone if you have any questions. A reputable insurance company knows the value of having trained and ...
... knowledgeable staff at their call center. A quick call to their call center will give an indication of their commitment to professionalism and customer service. Many companies also have an FAQ section where you can find out more about their products and services simply by browsing through their website. Some companies have an online helpdesk where you can email a query or quote request and they will respond via email or give you a call. This option is convenient as you will have the information to review in your own time and can still have access to a helpdesk if you have any further questions.

Important Things to Look at When Comparing Extended Warranties

Cost is a big deciding factor when considering any insurance policy. Of course, there is the variable of value versus expense and trying to figure out a happy medium between the two. There is always the attraction of going for the most affordable policy but that carries with it the risk that the policy may not live up to its promises when the time comes to make a claim. On the other hand, you don't want to be paying inflated premiums when the type of extended warranty you are getting is fairly standard. A good measure is to find out the industry standard and then compare the different insurance company rates with the standard. For those below the standard, find out why they are so cheap and try to get client feedback on their services. For those above the industry standard, find out what additional products or services they are offering that might make the additional cost worthwhile.

Customer service is equally important. When you want additional information on the product options or have queries relating to a claim, you want to be able to speak to someone who is knowledgeable. A reputable insurance company that has a professional call center or helpdesk will be able to answer your queries and offer you immediate assistance. That is the type of company you want to take out a policy with.

Claims procedures really show the true colors of an insurance company. Many make promises of quality client service and speedy settling of claims. Not all companies live up to their promises. An insurance company with a good industry reputation is what you are looking for. Often, you can find independent reviews which will give existing clients opinions of a certain company. You can also ask friends or work colleagues about their experiences or if they have recommendations for some of the better insurance companies.

Does the insurance company have any guarantees? Some insurance companies allow a 30-day money-back guarantee. This means that you have 30 days in which to carefully review all the terms of the contract. If during that time you find some details that you are not happy with, you can cancel the contract without any penalties. In addition, they will give you your initial payment back.

Does the insurance company have industry accreditation? Industry associations are often watchdogs that not only protect clients' interests but also try to maintain a good reputation for the industry as a whole. Most reliable insurance companies will be members of industry associations and hold some level of accreditation. What is their industry reputation? Even with clever marketing campaigns, an unreliable insurance company will not be able to hide their poor customer service or track record for settling claims. In your research, you should quickly be able to separate the reputable insurance companies from the rest and this will help you to find the find insurance company and extended warranty policy that is right for you.
About Author:
Endurance Warranty.com has been helping car owners save money and gain peace of mind for almost twenty years. You won't find a more affordable or more comprehensive group of extended extended car warranty plans anywhere. Nor will you find more knowledgeable or friendly staff to help you find the warranty for you. Visit online today.