People spend thousands of dollars on the purchase of their new vehicle but hesitate to invest little amount in auto protection plans for the safety and security of their vehicle. Be it for your life or your vehicles life, insurance is vital. Besides covering risk, modern day plans relieve you from the burden of high repair costs and thus provide peace of mind.
Every new vehicle that is purchased comes with a warranty period that lasts for a couple of years. During this period any malfunction or complaint related to the vehicle is taken care of by the manufacturer. What happens after the expiry of warranty period? This is when extended service contacts come into picture. As the name suggests this plan acts as an extension to your vehicles warranty. These plans come with various clauses covering specific spare parts to your entire vehicle. So depending upon your requirement you can choose one that is appropriate for you.
Auto protection plans are a boon in disguise for all those people who are looking forward to offer maximum protection to their vehicle. These plans cover everything right from major mechanical breakdowns to some of the most comprehensive coverage. Besides these auto protection plans also have some value added benefits that include towing cover, rental cover, trip interruption, tire coverage, road service and even transmission issues.
Most people assume that car repair coverage is sheer wastage of money but this is not true. In fact auto service plans are the only means of keeping your repair costs under control. Unlike regular warranties that cover only car repairs, car repair coverage plans take care of normal breakdowns and can even be extended to specific parts of your vehicle. In other words, these customised plans are tailor made in such a way so as to meet specific client requirements.
Some of the key benefits that you derive by purchasing a car repair coverage plan are:
- You can keep your maintenance and mechanical costs under control.
- Investing in this plan means extending your car warranty period.
- Out of pocket costs are kept under check.
- By including special clauses in your auto protection plan, you can take care of each and every component of your vehicle.
Now that you have familiarized yourself with auto service plans and the benefits you would derive there from, before jumping into conclusions and buying a protection plan, ensure you take certain factors into consideration. Reliability and durability are two aspects that need to be considered before purchasing any extended service contact. Understand when the coverage would start from and what all are covered under it. This will protect you from falling prey to duplicate coverage.