Protect My Car and CARCHEX are two of the industry’s best extended auto warranty companies that offer high-quality coverage at low monthly rates. In this review, we’ll look at Protect My Car vs. CARCHEX in terms of plan options, costs, customer reviews, and more.

See how the two companies measure up against each other, then compare free, personalized quotes from each provider by clicking below.

CARCHEX vs Protect My Car Extended Warranties
AutoGuide reviewed the top car warranty companies to find the best.
Compare CARCHEX and Protect My Car by getting a customized quote from each.
Best Service Best Financing
CARCHEX Protect My Car
★★★★★ ★★★★½
Get Quote Get Quote
(866) 254-0205 (888) 430-0227

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Protect My Car vs. CARCHEX Highlights

Protect My Car CARCHEX
Reputation 4.6 4.9
Coverage 4.6 5.0
Price 4.6 4.7
Transparency 4.6 4.3
Customer Service 4.2 5.0
Overall Rating 4.5 4.8

Protect My Car: Best Financing

Protect My Car has been selling extended car warranties for over 15 years. It offers excellent long-term financing options and extended warranty contracts for both low- and high-mileage vehicles in every state except for Arkansas, California, Hawaii, Montana, Oklahoma, and Washington. Protect My Car is endorsed by rap and heavy metal legend Ice-T.

CARCHEX: Best Service

CARCHEX contracts are available in all 50 states. It is one of the longest-running extended warranty providers, having been in business for over 20 years. CARCHEX partners with industry leaders like Kelley Blue Book, Edmunds.com, RepairPal, and CARFAX. It is one of the best-known providers in the industry.

Protect My Car vs. CARCHEX: Coverage

CARCHEX offers five levels of extended warranty coverage and contracts that can extend as long as 10 years or 250,000 miles. Protect My Car offers three levels of warranty coverage and contracts that can stretch as long as 125,000 miles.

CARCHEX Extended Warranty Plans

  • Titanium: Similar to a bumper-to-bumper warranty. Covers the vast majority of mechanical and electrical parts, including emissions components and the navigation
  • Platinum: Highest level of stated-component coverage, which covers everything in the lower-tier Gold plan, plus the suspension, high-tech electronics, and fuel delivery system
  • Gold: Covers everything in the lower-tier Silver plan, plus braking system components and full coverage for the steering, electrical, and air conditioning systems
  • Silver: Covers everything in the lower-tier Bronze plan, plus limited electric, air conditioning, and steering components
  • Bronze: Provides basic coverage for the engine, transmission, and drive axles

Protect My Car Extended Warranty Plans

  • Supreme: This plan provides exclusionary coverage for most vehicle components, similar to a factory warranty.
  • Select: For cars with more than 50,000 miles, the Select plan offers comprehensive coverage for many of the most important mechanical and electrical components, including everything in the lower-tier Driveline plan, plus the suspension and braking systems.
  • Driveline: Available for vehicles that are four to 10 years old with more than 80,000 miles, this plan covers many vehicle components, including the engine, transmission, drive axle, cooling system, air conditioning, and timing chain.

Top-level vehicle service contracts from both providers are extensive, covering many of the same components. CARCHEX, however, has a greater number of coverage options and term limits that can protect your vehicle up to 125,000 miles longer than Protect My Car.

Comparing Benefits and Add-Ons

Both Protect My Car and CARCHEX include benefits like 24/7 roadside assistance, a towing reimbursement, and a trip interruption allowance with all plans. A full comparison can be seen in the chart below.

Benefit Protect My Car CARCHEX
24/7 Roadside Assistance
Flat Tire Services
Battery Jump-Starts
Towing Up to 2 calls per year $100 reimbursement
Lockout Services
Trip Interruption Coverage Up to $50 per day for 3 days Up to $50 per day for 3 days
Rental Car Reimbursement Up to $30 per day for 7 days Up to $30 per day for 5 days

The two providers’ benefits are nearly identical, offering many of the same services and reimbursement rates. The main difference between the two is how towing is reimbursed. Protect My Car pays for the full cost of up to two service calls per year, while CARCHEX offers a flat $100 towing reimbursement per occurrence.

Protect My Car vs. CARCHEX: Costs

Both Protect My Car and CARCHEX offer competitive rates for extended warranty contracts. Protect My Car offers lower monthly payment plans, but its contracts may be more expensive in the long run. A detailed breakdown of warranty plans from both providers is outlined below.

Highest Level Warranty Cost

The following quotes were provided for a 2017 Ford Explorer with 45,000 miles on it in Raleigh, North Carolina.

Coverage Term Monthly Payment Total Cost Down Payment Deductible
Protect My Car 4 years/
100,000 miles
$96.00 per month for 48 months $4,707.00 $99.00 $100.00
CARCHEX 5 years/
100,000 miles
$202.89 per month for 18 months $3,652.02 First month’s payment $100.00

Powertrain Warranty Cost

The following quotes were provided for a 2012 Honda Civic with 88,000 miles on it in Raleigh, North Carolina.

Coverage Term Monthly Payment Total Cost Down Payment Deductible
Protect My Car 4 years/
75,000 miles
$79.00 per month for 48 months $3,925.68 $133.68 $100.00
CARCHEX 5 years/
150,000 miles
$190.00 per month for 18 months $3,420.00 First month’s payment $100.00

As you can see, Protect My Car’s monthly payments are less than half that of CARCHEX. However, the total contract price in each case is more expensive for Protect My Car customers. Not only that, but also the CARCHEX contracts have a longer coverage period. CARCHEX is likely the cheaper option overall in most cases, but Protect My Car may be a better option for drivers without a lot of room in their monthly budget.

Keep in mind that the cost of an extended car warranty varies based on a number of factors, and the quotes above were provided for two specific vehicles. Your own prices may vary, so the only way to know which provider offers the lower-cost option for your vehicle is to compare rates for yourself.

Protect My Car vs. CARCHEX: Customer Service

CARCHEX has an excellent customer service rating, but Protect My Car seems to fare even better. Protect My Car has a significantly higher BBB customer review rating and a slightly higher Trustpilot score.

BBB
Accreditation
BBB
Rating
BBB
Customer Rating
Trustpilot
Score
Protect My Car No A+ 4.6 stars 4.4 stars
CARCHEX Yes A+ 2.2 stars 3.3 stars

Keep in mind that CARCHEX is a larger car warranty company with more customers, so its ratings are based on a higher number of reviews.

Final Thoughts on These Top Providers

Protect My Car customers seem to have higher levels of satisfaction than CARCHEX customers, but CARCHEX offers more plan choices, overall lower-cost contracts, and significantly longer coverage terms. Also, while Protect My Car has a higher customer review score, it is not rated by the BBB, and CARCHEX has a more established industry reputation.

You can read more about each company in our CARCHEX review and Protect My Car review.

Both companies may be good choices for an extended car warranty depending on your vehicle needs and monthly budget. Compare free, personalized quotes for yourself by using the buttons below.

CARCHEX vs Protect My Car Extended Warranties
AutoGuide reviewed the top car warranty companies to find the best.
Compare CARCHEX and Protect My Car by getting a customized quote from each.
Best Service Best Financing
CARCHEX Protect My Car
★★★★★ ★★★★½
Get Quote Get Quote
(866) 254-0205 (888) 430-0227