Thứ Sáu, 27 tháng 6, 2008

Extended Auto Warranty Insurance

Extended car warranty insurance provides added protection for a new vehicle in the event of system malfunctions and other problems. For some people, purchasing a used vehicle is much more economical, but not having a warranty is not ideal. In this situation, dealers often provide the ability for a consumer to purchase extended auto warranty insurance. This offers additional protection and can give much more peace of mind to the consumer.

Typically, car buyers when finalizing the purchase of their new or used vehicle, are given the option to purchase extra coverage. Extended auto warranty insurance can range in price from a couple hundred dollars to a few thousands depending on the services offered through the policy. The financial department at the dealership will advise the buyers what type of extended car warranty insurance policy they will need or the price of each type of service. Purchasing additional coverage is a great safe guard for a vehicle and can actually save a person money in the long run in the event that something goes wrong with the vehicle.

This type of protection usually provides car owners bumper-to-bumper coverage. If the consumer has a problem with their fuel tank, gas line, engine, or other parts, the extended auto warranty insurance will fix the problem. A common problem with new vehicles is the censors for air pressure in tires, seat belt signs, check oil lights, or engine lights malfunction. An extended car warranty insurance policy would cover those problems and some policies or protective packages will protect the individual if they were to be disabled long term or were to die. In these or other events, the protection plan would repay the automobile loan in full.

A vehicle is a huge investment and one that should be protected. Most individuals spend ten to thirty percent of their monthly income on one vehicle. Shelling out that much is a serious decision and it is extremely advisable to purchase insurance, as well as an extended car warranty insurance policy, to protect a vehicle. As a Christian, the individual should make wise decisions with the resources God has given. Purchasing an extended auto warranty insurance policy is making a wise choice. God in the book of Proverbs in the Bible says that a wise man will listen to godly and wise counsel. "A wise man will hear, and will increase learning; and a man of understanding shall attain unto wise counsels." (Proverbs 1:5)

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