Protect Yourself from Extended Car Warranty Scams

Avoid Extended Car Warranty Scams

Extended car warranties, vehicle protection plans, auto service contracts, and auto repair insurance all have somewhat of a bad reputation. However, Fenix Protect wants to change that and teach you that there is a way to find a reputable company to get you a plan that is like an extended car warranty. First, knowing that an extended car warranty or auto warranty is different from a vehicle protection plan is important. Second, knowing that extended car warranty and auto service contracts or the other terms are sometimes used interchangeably can help lessen the confusion.

No matter what you call it, we are here to help you on the path to finding a company that will treat you right and not scam you out of your hard-earned money. Call us to learn more about our vehicle protection plan options and to find out how we can help you get protected.

Tips to Find a Reputable Company

There is a safe way to purchase an auto service contract, sometimes referred to as an extended car warranty, while making sure your best interests are protected. Due diligence on your part is important and can lead you to a great plan.

Some things you should consider when choosing a reputable auto service contract provider include:

  • Knowing the differences between extended car warranties and auto service contracts. 
  • Reading the fine print and asking questions. The company should give you time to thoroughly read your contract and also be happy to answer all your questions.
  • Checking the company with local or state consumer protection offices or local automobile dealers association. A reputable company will have a good rating. The Better Business Bureau is also a great place to check.
  • Asking how long the company has been in business. Longevity can show reputation.
  • Knowing who backs the policy. Is it the manufacturer, dealer, or independent company?
  • Knowing the price of the contract. Make sure you understand how much your monthly premium is, if there is a deductible for repairs, or any other costs associated with your plan. The company should be up front with any money you will be spending.
  • Knowing the claims process and how you will be supported through the process.

Tips to Avoid an Extended Car Warranty Scam

Protect Yourself from Extended Car Warranty Scams

$4 million were refunded to consumers in 2016 from fraudulent companies selling extended car warranties. Fenix Protect does not want you to be one of those consumers who falls for an extended car warranty scam. Use our tips to avoid falling into a trap.

  • Don’t respond to cold calling: Cold calling is unsolicited contact. If you haven’t approached a company, don’t answer.
  • Be Aware of Robo calling: Companies will use an automated system to call hundreds of thousands of numbers. This is also unsolicited contact, and we recommend not responding.

Contact Fenix Protect for Help Getting the Best Vehicle Service Contract

Fenix Protect wants to give you all the information you need so you are sure to avoid an extended car warranty scam. Please contact us online or call us with any vehicle protection plan questions you have.