Thursday, December 7, 2023

How Much Is Car Shield Insurance

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How Can I Learn More About Geico’s Mbi Coverage

CarShield Reviews From Real Customers

Call us at An insurance representative is available 24 hours a day, 7 days a week to answer your questions and to give you a quote.

*MBI Exclusions

Exclusions to this policy include regular maintenance services such as tune-ups, suspension alignment, wheel balancing, filters, lubrication, coolant and fluids, spark plugs, brake pads and linings, brake shoes, and tires. Also, breakdown repairs made necessary by intentional damage, corrosion, misuse, or improper maintenance are not covered. Mechanical Breakdown Insurance coverage is in excess of coverage provided by your manufacturer’s warranty. Read the policy amendment for the complete terms and conditions of this coverage.

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions, or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages.

Protect Your Car With Mechanical Breakdown Insurance

So you got a great deal on car insurance from GEICO, did you? Now you’re covered for accidents, theft, fire, and other mishaps.

But what do you do about those car repair problems that always seem to pop up right after your new car warranty runs out? Check out GEICO’s Mechanical Breakdown Insurance that’s what.

Special Protection For Your New Car

Your new car is your baby, so it deserves a little extra protection. MBI is available for new or leased cars that are less than 15 months old and with less than 15,000 miles.

Once you’ve purchased MBI, you can renew it for up to seven years or 100,000 miles . After a $250 deductible on a covered loss, car repairs to all mechanical parts of the car are covered. Interested? Call us at to learn more.

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But Extended Warranties Are Scams Right

Raise your hand if youve heard extended warranties called a scam.

I think weve all been there once. I used to get the letters all the time telling me that my car warranty was about to expire, and I always used to wonder where the hell my address got out. Hey, at least the notices made great kindling for the campfire. To this day no one has told me how in the heck the companies sending me mail knew my vehicle mileage.

I blame big brother. Someone really is always watching. But I digress.

There are two types of warranty companies: the legitimate ones, and then theres everyone else.

This stereotype is so prevalent in our industry, we wrote an entire article about it. Luckily, most extended car warranty companies are completely legitimate enterprises that wont steal your money like that Nigerian prince who keeps emailing you. If youre worried, we always advise reading the reviews. Using consumer sites like BBB and Consumer Affairs should give you a good picture into whos here to help you out.

After all, weve paid for over $16 million in repairs this year, and were hoping that number climbs even higher.

Should I Buy An Extended Warranty On A Used Car

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In my opinion, extended warranties really shine as your car starts to age. The cost of car ownership increases as your vehicle ages which is something weve talked about before. AAA estimates that the average car costs around $9,000 dollars a year to own and operate a car .

Personally, I winced a little when I saw that number. Thats only slightly less than the $12,144 dollars that the median US renter pays out per year. And these costs start to climb as your car ages. Older cars break down more often, its just a fact of life.

I always think back to the 2001 Honda Accord my sister owned when we were teenagers. Despite its billing as one of the most reliable cars ever, I saw that rust bucket sitting idle on the side of our street more than I saw it driving. I say that affectionately, because she did take good care of the car. It was just a lemon. In a 2-year period, everything you could imagine went out. The timing belt. The transmission. Struts. The head gasket.

Her Accord was supposed to be in the prime of its life at only ~125,000 miles.

She would have saved thousands of dollars if she had a warranty.

Of course, just because she had bad luck doesnt mean you will too.

But, having the security of an extended warranty on your used car does feel good because you know youll never pay more than your out of pocket maximum. That way, when something goes haywire, your bank account will stay covered.

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Carshield Reviews: What Are People Saying

Companies like CarShield rely on positive feedback from two source types. The first is from their customers directly. Its the kind of feedback they could publish onto their website or social media. The second kind is from official/expert groups like the Better Business Bureau. On neither count does CarShield appear to do very well.

If You Dont Have The Savings To Absorb A Potentially Costly Repair

If youre living paycheck to paycheck, it might seem impossible to come up with the money needed to pay for an expensive auto repair.

A fairly common emergency fund is at least $2,000 dollars, but CNBC reported this summer that nearly 60% of hardworking Americans cant cover an unexpected expense of more than $1,000 dollars without going into debt. Its a situation Ive found myself in at least twice in the last several years.

And it sucks.

You know it, and I know it.

Luckily, weve already written about alternative options for paying for car repairs if you ever find yourself with a hefty repair bill without the cash to pay for it.

If you have an extended warranty, you wont be paying the out of pocket price for any covered repair. That means no worrying about what credit card has enough of the balance remaining, and no struggling to pull together cash. It also means no predatory payday loans and their outrageous interest rates.

Just one simple monthly payment and no worrying about catastrophic repairs.

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How Does It Work

CarShield does not offer the warranty, as per the FAQ instead, they are considered to be a nationwide company that will connect you with a leading third-party administrator, working with companies such as American Auto Shield and United Car Care, to name a few. When you first work with the company, they will ask you a series of questions and then determine which company would be best for your situation.

Carshield Reviews & Ratings

Cost of car insurance

CarShield has been featured on ESPN, CNN, HGTV, and TBS and has a number of celebrity endorsements. Additionally, there are thousands of online CarShield reviews from customers. The company currently holds a customer rating of 4.1 out of 5.0 stars on Google with more than 8,000 reviews. It also received 4.0 stars on Trustpilot with over 21,000 customer ratings.

Despite these positive CarShield reviews, the Better Business Bureau gives the company an F rating and indicates a pattern of complaints involving pushy or misleading sales and advertising, difficulty canceling policies, and rude CarShield representatives.

There are more than 1,100 CarShield customer reviews on the BBBs website, averaging a rating of 1.45 out of 5.0 stars. CarShield customer service responds to many comments, and about 1,100 complaints have been closed in the past year. However, the complaints are a small number in comparison with the over one million contracts the provider has sold.

Heres what a few customers had to say in CarShield reviews:

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Everywhere I Went To Get My Car

Everywhere I went to get my car repaired no one would honor call shield’s contract So I cancel im so Disappointed i paid $200 and I got nothing for my money but a bunch of excuses and lies I would like to get my money back from car shield

I was totally taken back to find out my car issue was not covered it was an alternator/voltage regulator. I am a senior citizen and this is why I got the coverage to help me out. Totally dissatisfied.

What Is Covered By A Carshield Warranty

CarShield offers multiple levels of coverage, but as we mentioned above, there is no point in worrying about any but the top plan since they cost the same amount of money. CarShield says that its Diamond protection plan Covers everything ranging from engine and transmission failures, to starter problems, and fuel pump breakdowns.

This plan is similar to the bumper to bumper plan that your manufacturer offers, but not identical. Some items that are excluded include:

  • Brake rotors and drums
  • GPS systems
  • CD Players

Most of what CarShield is excluding are wear items and items that have a life expectancy, but not all. Be sure that you read and understand section B of this Sample Contract Here before you agree to the plan.

Common Repair Diamond Plan

Brake coverage does not include normal wear.

Catalytic converters are covered under extended emissions warranties provided by every manufacturer. Check your state laws for details.

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How Much Is Carshield And Is It Worth It

Aftermarket warranties can add a lot of peace of mind to vehicle ownership. Here we discuss how much CarShield costs and discuss whether it may be worth it to you depending on your personal preferences.

0 | 3 months, 2 weeks ago

CarShield is perhaps the best-known auto repair coverage company in the US. They claim that their mission is to take away the stress of potentially expensive repairs on cars that are no longer within the protective bounds of their original manufacturers warranty. In todays blog, were exploring the world of CarShield, what service they provide, how much it costs and whether or not the user-based evidence shows that CarShield is worth it.

Drive With Absolute Peace Of Mind

Car Insurance Calculator: How Much Coverage Do You Need ...

You cannot put a price on your familys safety and security on the road.

Your Choice of Mechanic

CarShield pays claims directly to a US or Canadian ASE-Certified® repair facility of your choice. Our contracts have low or no deductibles to prevent stress to your wallet at a critical time.

Roadside Assistance 24/7

Most of our contracts include roadside assistance 24/7 in case your vehicle has a problem. Many of our clients rely on CarShield instead of an outside roadside assistance company.

A Rental Car For You

CarShield takes care of you while your car is in the shop. Many of our vehicle service contracts include a rental car, or reimbursement for a rental car while your car is being repaired. *

Courtesy Towing

Never worry about being stranded somewhere after a breakdown. All of our vehicle repair contracts include towing services to transport you and your vehicle to a safe repair facility.

Easier on Your Budget

A large repair could put you back $2,000 $5,000 or more. A CarShield service contract is relatively inexpensive, and includes additional services youll need to survive a major car repair.

Flexible Payment Plans

Talk to us about your budget and what kind of payment plan would work for you. CarShield will create a custom, stress-free payment plan that fits your financial needs perfectly.

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Faqs: Extended Warranty Cost

  • Which extended car warranty covers the most for the best price?

Endurance offers a wide range of coverage plans that provide total protection to customers. Drivers have different habits, and depending on your vehicle information, we can work to find the most suitable plan for you. Also, all plans include one-year free Endurance Elite Benefits for extra perks such as 24/7 roadside assistance and towing, personal concierge service, key fob replacement, and more.

  • What repairs are covered by an extended warranty?

For a list of our exclusions, check out each plan we offer, including sample contracts with full details. The amount of coverage differs from plan to plan, but each one comes with our Elite Benefits. For even more comprehensive coverage, be sure to check out one of the three levels of coverage with EnduranceAdvantageTM, the most comprehensive auto protection package available on the market today.

  • How is the cost of an extended car warranty determined?

The cost of an extended warranty is determined by a variety of factors that differ from customer to customer. However, the most common factors are the age of the vehicle, the vehicles mileage, and your driving habits. Our representatives can also help you find a plan that fits your budget. with Endurance.

  • How does the cost differ between a factory warranty and third party administrator?
  • How do I get a quote for an extended car warranty?

Comparing Benefits And Add

While CarShield and Endurance have similar plans, each company offers a different benefits package thats included with all levels of coverage.

Benefit
Identity Theft Protection *

*Included with an Endurance Elite Membership, which comes free for one year with all Endurance plans but costs an annual fee to extend thereafter.

Endurance has the most extensive benefits and most comprehensive coverage in the industry. Endurance benefits easily outcompete those offered by CarShield, though the number of covered components is similar for both providers.

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Kia: 5 Years/60000 Miles

With its affordable vehicles and quality warranty coverage options, Kia stands out as one of the top brands in the industry. It offers the same impressive coverage terms as its sister brand, Hyundai, with bumper-to-bumper protection lasting 5 years or 60,000 miles and powertrain coverage for 10 years or 100,000 miles.

The main difference between the Kia and Hyundai factory warranties is Kias shorter term lengths for roadside assistance and corrosion. Roadside assistance is capped at 60,000 miles, while the corrosion protection ends with 100,000 miles. This still sets Kias factory warranty apart with some of the longest coverage terms on the market.

What Repairs Does Carshield Cover

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CarShield repair coverage depends on the extended auto warranty you purchase. The provider offers basic powertrain warranty plans that cover the engine, transmission, and drive axles. CarShield also offers exclusionary, bumper-to-bumper warranties that cover almost every mechanical and electrical component. Most of the companys protection plans provide coverage between a powertrain and bumper-to-bumper warranty.

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Top Rated Warranty Companies

Liberty Bell has one of the best reputations and covers more vehicle makes than other warranty companies. This provider has a solid reputation with excellent customer service ratings and has been around for over a decade.

Toco Warranty Corporation is a relative newcomer in the industry, but they are making a splash. They maintain a solid reputation with an A+ rating from the Better Business Bureau. Toco is known for offering affordable plans with no down payment and the ability to pay in monthly installments.

Shop Around For The Best Deal

You should get quotes from at least three different extended warranty providers before purchasing a plan, just like you would if you were shopping for car insurance. Considering how many reputable companies there are on the market, you should be able to find a policy that meets your needs and fits within your budget.

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Buy Our Coverage On Your Terms

CarShield goes beyond your manufacturers warranty to cover potential vehicle repair costs and beyond industry standards to offer month-to-month coverage for a low, fixed price.

Flexible pricing

Your monthly cost is based on the year, make, model and mileage of your vehicle. Prices start as low as $99 per month.

Easy startup

Reliable protection

Drive with more peace-of-mind, knowing your vehicle and budget are protected from the unexpected.

Our Picks For Best Extended Car Warranties

Price comparison

CarShield is a solid choice among extended car warranty companies, especially if youre looking for low prices and peace of mind. But any time you shop for a vehicle warranty, we recommend getting quotes from at least three providers so you can compare coverage plans. Below, you can learn a little about Endurance and CARCHEX two of the most reputable extended car warranty companies in the industry.

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Our Customers Say It Best

  • “One does not have to pay as much “out-of-pocket” for major repairs. I also appreciate that one of GEICO’s experts talks to the mechanic to determine that the repair is actually needed and that the repair is made correctly.” Vernon Bartlett, TN
  • I am still covered even after my factory warranty has expired.” Wendy Louisville, KY
  • “Peace of mind. Cheaper than after market warranty from the factory.” Sidney Alpharetta, GA

Benefits Of An Extended Car Warranty

Purchasing an aftermarket car warranty can be a great way to continue to protect your car after the manufacturers warranty has expired. As cars become more complex, there is a higher chance that something could go wrong.

With so many computers, parts, and systems controlling your vehicle, it probably doesnt surprise you that these technological advances might fail. Unfortunately, if your vehicle is only covered by a manufacturers warranty for, say, three years, your warranty may be expired by the time you really need it.

Extended car warranties keep your car covered in the case of a mechanical or technological failure. Based on what type of car you have and how much it costs to own over its lifetime, this could save you money.

Besides protecting your vehicle after the manufacturer’s warranty expires, the best extended car warranties provide benefits such as:

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