Auto Warranty
Top Companies in 2024
CarShield vs Penn Warranty Corporation
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- Affordable prices
- 24/7 roadside assistance
- Trip interruption reimbursement
- Transferable warranties
- Accepts high-mileage vehicles
- Nationwide coverage
- 24/7 customer support
- Roadside assistance
- Rental car reimbursement
- May not cover hybrid vehicles
- May not cover entire cost of repairs
- Strained relationship with BBB
- Doesn't offer services in California
- Information on plans not available on website
- Contract terms are not transparent
- Complicated claims process
CarShield is one of the most well-known brands in the extended auto warranty industry. They offer a variety of cost-effective packages and a very high mileage limit. With CarShield, you can choose the coverage that best fits your needs and budget. And because CarShield has a high mileage limit, you can rest assured that your car will be protected for years to come.
Penn Warranty Corporation is known for their commitment to customer service and providing reliable coverage options. They offer different plans to accommodate varying needs and budgets, allowing customers to choose the level of coverage that suits them best. Like other companies in the extended auto warranty industry, Penn Warranty aims to assist drivers in managing and mitigating the financial impact of unexpected vehicle repairs. They are an extended auto warranty company that has been in business for over 30 years. They offer a variety of plans to fit most budgets.
They are backed by an A-rated insurer, but they have a complicated claim process. They have received numerous conflicting reviews, ranging from positive to negative, with most customers expressing dissatisfaction with their experiences. According to some of the good reviews, customers appreciate the lower cost, the option to choose their own repair business, and roadside help. The negative feedback, on the other hand, varied from restricted coverage and bad customer service to customers believing their contracts were dishonest.
- BBB Rating : D
- Cancelation Option : Available
- Maintenance Coverage : Unavailable
- Money-Back Guarantee : Yes
- Number of Plans Available : 7
- Repair Shop Choice : Yes
- Term Limits : Mileage-based
- Waiting Period : 25 to 40 days
- Operating Status : Active
- Business Started : 2005
- Online Quote : True
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : Undisclosed
- Number of Plans Available : 5
- Repair Shop Choice : Yes
- Term Limits : Undisclosed
- Waiting Period : 30 Days
- Operating Status : Active
- Business Started : 1988
- Online Quote : False
- Affordable plans that can be tailored to your budget and coverage needs
- Monthly & term period contracts
- Coverage for most vehicle types (cars, EVs, trucks, SUVs, motorcycles, and all-terrain vehicles (ATVs))
- Covers luxury vehicle and high-end components
- Cars with up to 300,000 miles are covered
- Easy-to-use mobile app
- Offers coverage for new, remanufactured, aftermarket, and sometimes used parts, depending on their cost and availability
- Phone
- —Undisclosed
- FAQs
- Help Guides
- Live Chat—Undisclosed
- Mobile Application
- Ticket
- Phone
- FAQs
- Help Guides—Undisclosed
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Ticket
- Major Credit Cards
- Major Debit Cards
- Cash
- Check
- ACH Transactions
- PayPal
- Apple Pay
- Google Pay
- Money Order
- Wire Transfer
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
- Major Credit Cards
- Major Debit Cards
- Cash
- Check
- ACH Transactions—Undisclosed
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order—Undisclosed
- Wire Transfer—Undisclosed
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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