Extended Auto Warranties: 6 Things To Consider - autoPOM! Rated A+ by BBB, Backed and Administered by Mercury Insurance Group
When you are searching for the best extended auto warranties, the main decision you will face is whether to buy from a third-party provider or the manufacturer. Extended protection can be expensive, but the benefits are worth it if you are buying a product that meets your expectations and needs and fulfills its promises.
Frequently called "extended auto warranties", when sold by a third-party, it is considered mechanical breakdown insurance or a vehicle service contract or depending on the state you live in. For simplicity, we will use the terms "extended auto warranties", "mercury extended warranties", etc..
While some warranties purchased from the manufacturer are decent, you may discover that other coverage options offer more flexibility so you can customize your policy for your specific needs. Mercury extended warranties, are becoming more and more widespread due to Mercurys reliability and immaculate reputation.
Here are six things to consider when searching for extended auto warranties:
1. Rating and Reliability
Mercury has time after time received an A or A+ from reputable national rating agencies and has been named by Forbes as one of America's most trustworthy companies for three years in a row. Having been in business since the 70s, they have issued hundreds of thousands of policies or contracts and can claim financial stability since it they have more than 4 billion dollars in assets. In a time when several dealers are going out of business, you may learn that your manufacturer's warranty will turn out to be worthless should they go bankrupt and the money you spent on thecoverage may be lost. By picking a dependable insurance company with a good track record, your mind will be at ease knowing you can get the help you paid for when you need it.
2.Cost and Customer Service
Buying mechanical breakdown protection from a private company is typically a lot more practical than manufacturers' extended auto warranties. Basically, dealers are middlemen and collect excessive commissions for selling warranties. If the dealerships are earning money on the transactions, then you can be sure the price of your coverage will go up. By buying the Mercury product (sold through authorized agents) you can save up to 50% and receive outstanding customer service from employees who truly work for the company. Mercury doesn't outsource contract administration to a third party, but offers its own service and deals with its own claims, by using accredited professionals that have been certified by the National Institute of Automotive Service Excellence. With Mercury you can be certain that you will get instant attention and your claim will be handled professionally and stress-free.
3.Flexibility and Convenience
Mercury allows you to have your repairs preformed at any licensed facility, while most manufacturers' warranties entail work to be preformed the dealership. Dealerships are typically readily accessible so you might not find this problematic; however, if you like the flexibility of being choosing mechanics you prefer or the shops you use, then a private insurance company such as Mercury is most likely the best option.
4.Limits and Restrictions
When comparing manufacturer extended auto warranties with the coverage presented by private companies, it is vital to consider the restrictions stipulated in the contracts. Are there limits to how manyclaims can be made, a cap on the amount of cash that will be rewarded for specific items, or the likelihood of being charged numerous deductibles per visit? Although these factors may differ with manufacturer warranties, you can rest assured that Mercury does not put a restriction on the amount of claims you can make and you will only be required topay one deductible per visit in spite of the number of repairs being done.
5.Benefits
While considering extended coverage for your car, you ought to look at the advantages and benefits presented by each policy. Mercury offers roadside assistance, rentals, towing, and even payments for food and lodging should you be left high and dry away from home. Where as some manufacturers' warranties will contain specific features, you should remember to check what is truly covered in the standard agreement seeing as most of these extras have to be bought separately. Also, majority of the manufacturers will not refund for such things as telephone charges, hotel costs, or meal expenses.
6.Options
When comparing extended auto warranties, one of the most important considerations should be the flexibility of existing plans and your capability to determine what is best for you. Does your manufacturer's warranty present more than one option or do you have to agree to whatever terms they specify? Mercury offers several levels of coverage with a variety costs so you can buy the policy that fits your budget and needs.
Extended auto warranties can be a smart investment, but you must choose wisely to make sure you are getting the best policy for your money. Mercury extended auto warranties offer many benefits and are backed by a company that is reliable, secure, and known for making its customers a priority.
If you decide that mechanical breakdown protection is the right option for you, I invite you to consider auto-POM! and Mercury Insurance Group.
auto-POM! backed and administered by Mercury can provide you with repair service comparable to the manufacturer's extended warranty. Not surprising, auto POM! pricing is far less than dealer pricing and offers the flexibility of allowing you to choose the repair facility that you're most comfortable with.
auto-POM! has an A+ rating from the BBB and Mercury has a A+ rating from A.M. Best.
See 10 Reasons To Choose autoPOM! and Mercury.
>> Call (800) 724-8141 or get an Instant Quote
