Top 5 Things Your Vehicle Warranty Covers
Whether your business sells, repairs, insures, or lends money to purchase cars, offering the right vehicle service contracts is crucial to your bottom line and customer satisfaction. Purchasing auto service contracts should be a straightforward process for businesses and consumers. Service contract companies should detail their coverage in clear language, but that isn’t always the case. Some vehicle service contract companies offer different types of auto service contracts, including manufacturer’s extensions and classic car service protection plans. These plans should include five coverage areas, no matter what type of plan it is, although there are usually additional options that can be added.
Drivetrain or Powertrain Coverage
Without the drivetrain, the car won’t move. These types of repairs can be quite expensive for the owner. Most service contracts usually cover the engine, transmission, axles, and turbochargers. They may also include drive shafts, seals, gaskets, and the transfer case. An extended vehicle service contract offers a specific mileage limit and includes cars up to a certain age.
Service contracts don’t generally cover cosmetic rust. However, an extended vehicle service contract may cover rust damage. A combination of prolonged oxygen and water on metal leads to rust. Corrosion can be localized or occur over large surfaces and lead to rust. People who live in areas near the sea are more likely to experience this issue because the high levels of salt and moisture in the air. Service contracts detail the specific conditions about corrosion coverage. If the corrosion existed before the purchase of the service contract, the service contract doesn’t cover its repair.
Major Vehicle Systems
Because there are a variety of service contracts available, each offers specific areas of coverage. However, you’ll find that many cover some or all of the vehicle’s main systems:
- Fuel system, including the fuel tank, fuel pump, filter, injector, and carburetor.
- Exhaust system, piping that moves exhaust gases away from the inside of an engine, including the muffler, turbocharger, cylinder head, exhaust manifold, and catalytic converter.
- Cooling system, which is the car’s radiator, fan, fan clutch, and water pump.
- Electrical system, which includes the starter and alternator.
- Lubrication, which includes the oil pan, oil pump, and pressure relief valves.
Not all service contracts cover all parts of each system, so check the contract’s coverage details for specifics.
Most of us don’t anticipate car breakdowns ahead of time. It’s not just the cost of repairs that concerns the owner but getting the vehicle to a repair facility can become an expensive, complex, and frustrating problem. Reputable vehicle service contract providers offer 24-hour, toll-free, nationwide roadside assistance. Some go even further and provide car rental coverage as well. This is a key feature and selling point for businesses that offer extended service contracts for their customers.
Most vehicles on the market today have a variety of entertainment features, including stereos, cameras, navigation systems, and touchscreens. Replacement or repair for a failed device can be pricey. Recognizing how important these features are for consumers led some vehicle service contract companies to include these devices in the aftermarket service contract. Or, they may offer extended service contract add-ons for these features.
For more specific information on Freedom Warranty LLC’s vehicle service contracts, call us or visit our website to download a handy PDF version to view the details of each auto service contract we offer.