19/11/2019 Automotive makes the world a new place

Protect Your Vehicle With Continued Coverage For Repairs

Protect Your Vehicle With Continued Coverage For Repairs

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You see the ads everywhere you look and even get phone calls offering you coverage for repair costs once the dealer’s coverage has expired. You may think that having a new car means that you will never have to worry about paying for expensive repairs or at least not for a long time. Before trying to decide which company you should consider getting this extra coverage from, you should first know what protection you already have for your car.

If you bought a new vehicle, then you automatically had coverage for repair costs from the car manufacturer. This covers most components of the vehicle for a specified time or number of miles. If you aren’t sure what your original coverage was, then check your paperwork or check with the dealer to see if you are still covered or if the coverage has expired. Once this coverage ends, it is up to you to pay for all of your repair costs in full. This is why many people choose to buy coverage that will continue to pay for repairs when they are needed.

This coverage is somewhat like a service contract between you and the company providing the protection. There is a contract which makes the company responsible for paying for your car’s repairs for a specified period of time. In many respects, this is similar to buying insurance for your car in case it is injured so that you don’t have unexpected expenses that you can’t afford.

You may also purchase this “insurance” for a used car. Sometimes you will have to pay a diagnostic fee, or a deductible depending on the agreement you have but you will not be expected to pay for the major repairs of your vehicle. This can make a major difference in the expense of running your vehicle since some repairs, like those in transmissions, can be thousands of dollars.

Unfortunately, not all cars are qualified for this coverage and not everything is covered by a contract. There are some items on a car that wear and must be replaced regularly, such as belts or tires, and most of these are not covered. That means it will still be up to you to perform regular maintenance and keep it in good running condition.

The price of your coverage will depend on several factors. The more mileage on the vehicle, the higher the cost will be. Also, the deductible, or the amount you will have to pay before the company kicks in, will make a difference in the cost. The higher the deductible is on your contract, the lower your cost. Just keep in mind that if you have a $500 deductible, you will have to pay the full $500 before anything else is covered.

It can be much less expensive to get continued coverage for your car than to risk hoping it won’t tear up and cost you a lot of money. Regular insurance isn’t enough to keep your vehicle on the road!