January 23, 2022
| On 6 days ago

The 9 Best Extended Car Warranty Companies of 2022

We evaluated the best extended car warranty companies in the nation to help you find the right extended warranty coverage, price point, and customer experience.

In this article, we’ll discuss the benefits of extended warranties and provide comparisons between top-rated warranty companies. Before making your final decision on vehicle protection, we recommend getting quotes from multiple providers so you can compare coverage options and costs side by side.

Best Extended Car Warranty Companies
Best Coverage Best for Used Cars Best Financing
★★★★★ ★★★★★ ★★★★1/2
Get Quote Get Quote Get Quote
(888) 650-5952 (866) 254-0205 (888) 430-0227

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Top 9 Extended Car Warranty Providers

When it comes to purchasing an aftermarket car warranty, you have two choices: dealership warranties or third-party extended warranties. Extended warranty plans from car manufacturers tend to be expensive and only offer standard services, so many choose third-party plans from the best extended car warranty companies.

Among third-party providers, we found the nine best extended car warranty companies that stand out in terms of auto repair coverage and benefits.

9 Best Extended Car Warranty Providers Award Star Rating Best For
1. Endurance Best Coverage 4.6 Drivers who want a reputable extended warranty with excellent coverage
2. CARCHEX Best for Used Cars 4.4 Drivers who want a reputable extended warranty with outstanding service
3. Protect My Car Best Financing 4.3 Drivers who want smaller monthly payments over a long period of time
4. CarShield Best Value 4.2 Drivers who want great extended warranty coverage at a low price
5. autopom! Best Claims Process 4.2 Drivers who value the customer claims process
6. Olive Affordable Online Warranty 4.2 Drivers looking for a hassle-free online extended warranty for cars
7. ForeverCar Best Claims Process 4.1 Drivers who value a top-notch customer claims process
8. Concord Auto Protect Best for Luxury Cars 3.9 Drivers who want a wide variety of standard plan benefits
9. Toco Low Upfront Payments 3.8 Drivers looking for a monthly payment plan option

The best way to determine which of the best extended car warranty providers is right for you comes by comparing extended warranty quotes. It’s a free process and there’s no obligation to purchase a plan from any extended warranty company.

#1 Endurance: 4.6 Stars

Customer Rating: 4.4 stars out of 5.0 on Trustpilot

Headquarters: Northbrook, Illinois

Endurance is a direct provider backed by an A-rated insurance provider on AM Best, so it can easily cover its own quotes and claims. Many of the best extended car warranty companies work with third-party administrators, leading to less consistent coverage than that from Endurance. The provider’s plans are available in every state except for California.

Endurance Warranty Plans and Benefits

Endurance warranty plans stretch from exclusionary coverage down to extremely affordable options that only cover the basics. There’s also a choice that covers regular car maintenance needs, something unique among the best extended car warranty providers.

Endurance Warranty Plan Details
Supreme Exclusionary coverage that nearly matches a factory warranty
Superior Greatest component coverage
Secure Plus Shortest waiting period
Secure Most affordable
Select Premier For high-mileage vehicles
EnduranceAdvantage™ Combines an aftermarket auto warranty with coverage for regular maintenance

An Endurance car warranty plan covers vehicles with over 200,000 miles through the Select Premier plan, which is rare in the industry. Endurance’s six warranty plans serve a wide variety of needs, leading to its recognition as the Best Coverage provider.

The Endurance Elite benefits set the company apart the most from other extended warranty companies. These benefits are free to new customers for one year and include services such as:

  • Tire repair and replacement: Endurance will reimburse you for up to two replaced or repaired tires per year.
  • Total loss protection: Endurance will reimburse you up to $1,000 toward vehicle replacement.
  • Collision discount: Get $500 per covered collision, up to a $1,000 limit.

Endurance also gives customers standard industry benefits, such as a 30-day money-back guarantee and 24/7 emergency roadside assistance.

★★★★★
Endurance is our pick for Best Coverage, with its comprehensive plan options.

#2 CARCHEX: 4.4 Stars

Customer Rating: 3.7 stars out of 5.0 on Google

Headquarters: Baltimore, Maryland

CARCHEX has been in business since 1999 and holds strong expertise in the warranty field. Compared to other options for the best extended car warranty companies, we found CARCHEX as Best for Used Cars. The provider holds a sterling reputation for its positive treatment of customers and is available in all 50 states.

CARCHEX Warranty Plans and Benefits

The company offers five levels of extended warranty coverage through providers such as American Auto Shield and Royal Administration Services. Some plans from CARCHEX cover older cars with up to 250,000 miles on the odometer.

CARCHEX Warranty Plan Details
Titanium Exclusionary coverage, closest to a bumper-to-bumper plan
Platinum Highest level of component coverage available
Gold Coverage for all major systems on a vehicle
Silver Provides essential coverage to the major systems of your vehicle
Bronze Provides basic coverage for the major systems of your vehicle

CARCHEX offers a number of benefits that are standard throughout your contract. Because CARCHEX is known for its superb treatment of customers, you’ll find positive customer experiences with perks such as:

  • 30-day money-back guarantee
  • Choice of over 30,000 licensed repair shops in the US
  • Emergency roadside assistance with flat-tire changes and fuel delivery
  • Rental car benefits
  • Towing services
  • Trip interruption benefits

Most drivers are pleased with the perks available from CARCHEX. From rental cars to covering towing needs, the company’s extra offerings are relatively robust.

★★★★★
Our research found this provider to be the Best for Used Cars.

#3 Protect My Car: 4.3 Stars

Customer Rating: 4.5 stars out of 5.0 on the BBB

Headquarters: St. Petersburg, Florida

Protect My Car offers the Best Financing available because car owners can add extended warranties with payments of up to four years. Our review team reached out for quotes from the best extended car warranty companies, and none of them offered payment terms as long as Protect My Car. The company covers vehicles in every state except for Alaska, California, Hawaii, Missouri, Oklahoma, and Washington.

Protect My Car Warranty Plans and Benefits

Protect My Car offers three types of extended auto warranty plans. For vehicles over 13 years old, the company has car maintenance plans called Ambassador Maintenance Plans.

Protect My Car Warranty Plan Details
Supreme Bumper-to-bumper coverage
Select Designed for vehicles with over 50,000 miles
Driveline Covers essential vehicle components, focusing on the powertrain

Ambassador Maintenance Plans cover anywhere between 50 and 75 percent of all repair costs for essential vehicle components. Expect parts such as the engine, transmission, suspension, electrical parts, and heating and air conditioning to be mostly covered.

Protect My Car offers perks such as emergency roadside assistance and rental car coverage to drivers. The PMC Rewards program also provides drivers with dining and shopping discounts at assorted retailers.

★★★★½
Protect My Car is our pick for Best Financing due to its long-term payment plans.

#4 CarShield: 4.2 Stars

Customer Rating: 4.0 stars out of 5.0 on Trustpilot

Headquarters: St. Peters, Missouri

CarShield is arguably the most popular provider on our list of the best extended car warranty companies. The company has been selling extended warranties since 2005 and CarShield administrators have paid over $1 billion in claims to drivers during this time period.

CarShield Warranty Plans and Benefits

CarShield offers six different varieties of extended service plans. Notably, motorcycles and all-terrain vehicles can be covered by CarShield in addition to most automobiles. Because of its extremely low prices, we named CarShield as the provider the offers the Best Value.

CarShield Warranty Plan Details
Diamond Bumper-to-bumper coverage
Platinum Best for high-mileage vehicles
Gold Great for major and minor vehicle parts
Silver Most affordable
Aluminum Great coverage for most electrical and high-tech problems
Motorcycle & ATV For motorcycles and ATVs

CarShield offers many of the best extended car warranty perks such as emergency roadside assistance, rental car coverage, towing coverage, and trip interruption benefits. You’ll also find that CarShield provides a 30-day money-back guarantee to make sure that drivers receive the coverage that they want.

One of the top benefits of CarShield that makes it a top best extended car warranty company is the low price of most plans. While CarShield offers plenty of perks, it does so without charging drivers particularly much for extended coverage.

★★★★½
We found this provider to be the Best Value, offering month-to-month plans.

#5 autopom!: 4.2 Stars

Customer Rating: 4.6 stars out of 5.0 on the BBB

Headquarters: Lake Forest, California

autopom! stands for “automotive peace of mind,” and that’s exactly what the provider aims to offer. The company sells four different types of vehicle service contracts and runs with a dedicated service team. Drivers seem to notice the customer emphasis given by autopom!, as seen by its strong reviews.

autopom! Warranty Plans and Benefits

Drivers can choose from four autopom! plan options that range from bumper-to-bumper coverage down to only the most basic components. Contracts are transferable and can protect your vehicle for up to 7 years/150,000 miles.

autopom! Warranty Plan Details
Exclusionary Extensive plan that covers nearly all mechanical and electrical vehicle components
High-Level Covers most major systems, including the engine, transmission, transfer case, drive axle, steering, electrical, air conditioning, braking, cooling, and fuel system
Mid-Level Covers powertrain components and some components of the steering and braking systems
Powertrain-Plus Offers protection for your car’s major systems, including the engine, transmission, transfer case, drive axle, differential assembly, air conditioning, and basic electrical components

All autopom! plans also come with perks such as rental car reimbursement, roadside assistance, towing, trip interruption coverage, and tire protection. Even the best extended car warranty companies generally don’t keep tires safe from road hazards such as potholes and nails, so it’s a strong perk for autopom!

When issues arise, drivers move through a simple claims process with an autopom! extended warranty. The company’s excellent claims process adds peace of mind for motorists when they run into an unexpected breakdown.

★★★★½
autopom! is our pick for the industry’s Best Claims Process.

How Much Does an Extended Car Warranty Cost?

Our research team found that the average extended car warranty cost ranges from $1,000 to over $3,000. While some warranty providers require that you pay upfront, most allow you to make monthly payments which typically fall between $100 and $200 per month. It’s also fairly common for providers to ask for a down payment.

To compare prices, we obtained quotes from top providers to see how much comprehensive coverage would cost on a 2017 Ford Explorer with 45,000 miles on it. Here’s what we found:

Warranty Company Plan Coverage Term Monthly Payment Total Cost
Endurance Supreme 3 years/80,000 miles $166.88 per month for 18 months $3,181.94
CARCHEX Titanium 5 years/100,000 miles $202.89 per month for 18 months $3,652.02
Protect My Car Supreme 4 years/100,000 miles $96 per month for 48 months $4,707
CarShield Diamond Unlimited $129.99 monthly Varies
autopom! Exclusionary Plan 5 years/100,000 miles $136.04 per month for 24 months $3,264.96

Out of the five providers we profiled, Endurance offered the lowest price at $3,181.94, though it had the shortest coverage terms among the best extended car warranty companies. It also had the largest down payment at $178. CARCHEX and autopom! offered similar coverage and were separated by a margin of around $400, while Protect My Car easily had the highest costs.

How Are Warranty Costs Determined?

The cost of your aftermarket car warranty depends on several factors but mainly hinges on your specific vehicle and how much you’re willing to spend for complete peace of mind. Here are a few factors that extended warranty providers look at when determining prices:

  • The vehicle manufacturer, model, and mileage
  • Location (warranty coverage may not be available in all states)
  • The level of coverage
  • Deductible amount

What Is an Extended Car Warranty?

An extended auto warranty is a vehicle service contract designed to protect your vehicle from costly repairs after your manufacturer’s warranty has expired. While a manufacturer’s factory warranty is included with every new vehicle for free, an extended car warranty must be purchased separately.

A manufacturer’s warranty typically provides bumper-to-bumper coverage for a new car for around three years. It may also provide powertrain coverage for a bit longer than the bumper-to-bumper warranty, generally around five years.

Once the manufacturer’s warranty expires, vehicle owners are completely responsible for all repairs needed on their vehicle. After all, your car insurance company will almost never pay for damages caused by an unexpected mechanical breakdown. For protection from such costly repairs, many drivers buy coverage from the industry’s best extended car warranty providers.

Types of Extended Warranty Plans

Inclusionary warranty plans provide a list of items that are specifically included in your contract, while exclusionary warranties offer a list of items that are excluded. Exclusionary warranties are typically more comprehensive since everything not mentioned is covered by your contract.

There are three main choices available to those in the market for an extended auto warranty. Carefully consider your options while keeping in mind how much you’d like to spend and what types of coverage you’ll value the most.

Bumper-to-Bumper Warranty

Bumper-to-bumper extended warranties are comprehensive, exclusionary warranties. As the highest level of coverage available, bumper-to-bumper warranty plans will cover almost any type of repair needed on your vehicle. There are certain excluded items, which are listed in the warranty’s contract.

Stated Component Coverage

A stated component extended warranty is an inclusionary contract that specifically names the components covered by your contract. Some stated component warranties focus on covering the high-tech items in your vehicle, while others cover hundreds of car parts.

Powertrain Warranty

This type of warranty covers the powertrain of your vehicle, which consists of your engine, transmission, and drivetrain. Fixing these car parts is typically quite expensive, so many consumers opt for an extended powertrain warranty to make them covered repairs.

Extended Car Warranty Plan Exclusions

Remember that extended auto warranties don’t cover every issues with your vehicle. After all, they’re meant for when your car breaks during normal use due to mechanical failure.

The following will likely not be covered by even the best extended car warranty companies:

  • Wear and tear items: These include parts that normally break down over time, such as brake pads, wiper blades, and seat belts.
  • Damage caused by an accident: While your car insurance company may cover some damages after a car accident, an extended warranty provider will not.
  • Environmental damages: If your vehicle is facing issues caused by a hailstorm or flooding, your extended warranty company will not be able to help.
  • Issues caused by misuse or lack of maintenance: If you don’t take care of your vehicle properly, the best extended car warranty companies won’t be obliged to cover damaged components.
  • Certain car parts: Auto glass, headlights, interior decorations and upholstery, and bumpers are rarely covered by an extended warranty.

If you’re wondering whether a specific part will be protected or not, read the fine print found in each company’s extended warranty contract.

Benefits of an Extended Car Warranty

Car repairs can be very expensive, with common but unexpected issues costing between $1,500 and $3,000. For people with plenty of savings, the best extended car warranty plans may not be necessary. However, those who can’t afford repairs may want a plan in order to stop worrying about potentially bank-breaking costs.

Here are a few of the benefits of purchasing coverage from one of the best extended car warranty companies:

  • Peace of mind: Though extended car warranties may cost some customers more in the long run, they provide strong peace of mind. You won’t have to stress about large repair bills when you have an extended warranty for cars.
  • Convenience: The most reputable extended car warranty companies pay the repair facility directly. You won’t have to worry about writing large checks or acquiring loans from your bank. The only upfront payment you are responsible for is the deductible.
  • Additional benefits: Most companies providing vehicle protection plans offer additional benefits such as 24/7 roadside assistance, towing benefits, and rental car reimbursement. Some also offer member rewards, such as vouchers that can be spent on dining and shopping.

How to Select the Best Extended Car Warranty

Each of the nine companies highlighted above is an excellent choice for an extended auto warranty. If you’re looking for comprehensive coverage and benefits, Endurance may be your best choice. If you’d prefer to pay for your plan over a period longer than 36 months, Protect My Car may be the right fit for you. Many top providers offer an extended warranty for cars over 100,000 miles.

If none of these featured providers is right for you, there are plenty of other options available. Just be aware that some scams pose as trustworthy providers, so below are some guidelines to help consumers find the best extended car warranty companies.

Transparency

The best extended warranty companies provide most of your information upfront. That includes sample warranty contracts, information on deductibles and the claims process, and details on any cancellation fees.

If a warranty provider withholds basic coverage information before you pay, consider that a red flag.

Read Reviews

Our picks for the best extended auto warranty all hold solid reviews from both industry experts and customers. Check out common complaints posted on the BBB and Trustpilot to find out what to expect from the customer service department.

It is also worth running the name of a warranty company through a search engine just to see what appears. Discovering that a company has been investigated for questionable business practices means that it may not be worth your time.

Compare Extended Warranty Costs

The best extended car warranty providers offer various different plans that help you purchase only the coverage that you need.

For your aftermarket car warranty needs, we’d recommend comparing free quotes from multiple providers. It’s worth your time to investigate plans and benefits thoroughly to find the best deal.

Best Extended Car Warranty Companies
Best Coverage Best for Used Cars Best Financing
★★★★★ ★★★★★ ★★★★1/2
Get Quote Get Quote Get Quote
(888) 650-5952 (866) 254-0205 (888) 430-0227

Methodology

Our review team prides itself on sharing accurate and unbiased information with consumers. We have accumulated data from dozens of extended auto warranty companies to formulate our rankings of the industry’s best providers. Companies receive a score out of 5.0 overall, as well as a rating in each of the following categories:

  • Price: Comparing providers can be difficult due to the many factors that influence cost. To determine this score, we employ a secret shopper analysis using different vehicles, mileages, warranty plans, and locations.
  • Coverage: A wide variety of coverage is essential to support the differing needs of customers. We take into account the number of extended car warranty plans available, term limits, exclusions, and additional benefits.
  • Customer Service: The level of customer service and care provided by an extended warranty company is an important consideration. Our review team sifts through customer reviews and complaints from reputable sources such as the Better Business Bureau (BBB) and Trustpilot. We also consider the responsiveness of each company’s customer service team based on our secret shopper analysis.
  • Reputation: Good extended warranty providers consistently provide quality experiences. Our team takes into account BBB ratings and the company’s history of reliable service when giving this score.
  • Transparency: Customers value a commitment to open and honest communication when it comes to vehicle service contracts. Our team of experts takes into account the availability of money-back guarantees and sample contracts.

Q & A

Here are some frequently asked questions about the best extended car warranty.
Are extended car warranties worth it?
If you can easily afford an unexpected mechanical breakdown costing hundreds or thousands of dollars, then an extended car warranty may not be worth it for you. If you’re looking for peace of mind and small monthly payments instead of unexpected repair costs, vehicle service contracts might be worth looking into.
What is the best extended car warranty company?
The best extended car warranty company greatly depends on your own wants and needs. Some providers to check out include Endurance, CARCHEX, Protect My Car, CarShield, autopom!, and Olive.
How much should I pay for an extended warranty?
The amount you should pay for an extended warranty depends on factors such as your budget, the mileage and age of your vehicle, and your chosen coverage level. Our research found that extended car warranties cost anywhere from $1,000 to over $3,000, so look for pricing on the lower end of that range. Typically, the cost of an extended warranty is broken up between a down payment and monthly installments.
Is CarShield expensive?
According to our research, CarShield offers some of the most affordable extended warranty plans on the market. While you'll want to compare the best extended car warranty providers to find your lowest rate, CarShield tends to offer competitive pricing.
Can you buy an extended warranty after your purchase?
Dealership extended warranty plans must generally be bought before the expiration of your new vehicle limited warranty. Third-party extended warranty companies instead let drivers purchase their plans at nearly any point in a vehicle's life.
Explain how to cancel an extended warranty on a car?
The process for canceling an extended auto warranty depends on your specific provider. Oftentimes, you'll need to send a written note to your provider asking to terminate your plan. You might need to pay a slight cancellation fee as well.