If you have been doing research, you’re going to realize that CarShield extended warranties are popular choices. The question remains as to whether they’re a wise investment for you and your car. The answer is not entirely as cut and dry as you might like because it largely depends on your situation. To help you decide, you’ll need to read reviews, get to know the payment options, coverage details, and expected responsibilities on your end.
CarShield Reviews
CarShield is a broker, meaning it is responsible for service contracts between you and repair facilities. Because of this, customers have the opportunity to have repairs done at dealerships and any ASE-certified mechanic. You can appreciate the flexibility in taking your car for repairs because it will be easy to find a mechanic no matter where you are.
Many high-profile programs and celebrities have endorsed the company. If you search on Google’s ratings, you’ll find thousands of positive reviews of customers in favor of having coverage through CarShield. On a completely different platform, Trustpilot, you’ll see even more thousands of ratings that are primarily positive.
Something that might make you pause is the ratings on the Better Business Bureau. The BBB rates CarShield as having an F rating, which is definitely on the poor side. This rating comes about because of complaints about misleading sales or advertising and difficulties regarding canceling policies. On the other hand, there are less than a thousand of these negative reviews. Comparably speaking, the overall positive vibe from the company after considering all platforms may be enough to help you decide to move forward.
Available Payment Options
Payments are dependent on the coverage you select. You can expect fees as low as $100 per month or as high as approximately $2000 for a four-year plan. To get a more specific quote, you’ll need to contact the company directly. When you get in touch with the company, you’ll need to know certain details like the mileage, car history, mechanical issues, and the make and model to get more information.
It’s also nice to know that while there is a deductible, it is not outrageously high. Instead, you can expect your deductible to be as low as $100 per repair. You’ll also have options for limited and unlimited warranty options. Limited warranties are for four-year terms, and payments are expected for 18 months. For unlimited warranty coverage, you’re looking at about $100 per month on the low end for as long as you own the car.
Because of the payment plan options, having coverage for peace of mind is an excellent option considering the possibility of expensive repairs. A warranty through CarShield is perfect for those who want to keep your car until the very end and those with luxury cars beyond the manufacturer’s warranty coverage.
Types of Coverage
CarShield has six different plans of coverage available. All of them include 24/7 roadside assistance, rental reimbursement, and towing as part of the plan.
Diamond
The Diamond plan is similar to a bumper-to-bumper warranty. It is designed to cover everything, including engine, transmission, electrical, air conditioning, and more. This warranty is an excellent choice if you want to protect an investment vehicle.
Platinum
As the second top tier plan, the Platinum coverage includes engine and transmissions and minor issues like starter problems. It’s a great choice if you have a vehicle with high mileage and you want to protect yourself from out-of-pocket repair costs.
Gold
The Gold plan is more limited and covers a few major repairs but mainly focuses on minor repairs like the water pump and alternator. Older cars with fewer electrical and technological components would do well with this type of coverage.
Silver
Considered the most affordable of CarShield’s offerings, you get good coverage at a reasonable price. Your transmission and water pump are covered, but you may be responsible for minor repairs. Coverage is considered basic, but it can protect you from more expensive repairs.
Aluminum
If you’re worried about electrical components in your car, this is the plan for you. This plan also covers Computer-related issues, so if you experience a problem due to a computer malfunction, this plan will cover that repair.
Motorcycle/ATV
This one is pretty self-explanatory and covers motorcycles and all-terrain vehicles. You can adjust coverage for this plan by calling CarShield to get more details on what they offer at this level.
Last Thoughts on CarShield Extended Warranties
A warranty through Carshield can be a wise investment as long as you get the coverage you need. If you don’t need bumper-to-bumper coverage, don’t get it. Otherwise, you’re throwing money away that you will never get back. Knowing that CarShield has a variety of payment plans available makes it easier for you to decide what coverage you need based on what you can afford. Also, after reading through reviews for yourself, you can decide whether CarShield is the right choice for you.
[…]
Should You Remain At The Scene of A Car Accident?