Auto Warranty
Top Companies in 2024
ForeverCar vs Preferred Warranties Inc
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- Rental car reimbursement
- All plans include roadside assistance and towing
- Nationwide coverage
- Nationwide coverage
- Offers powersport coverage
- Online claim process
- Plans are limited to 3 years
- Plans are not transferable
- Can only be bought at the time of vehicle purchase
- No online quote
- Not all the plans include benefits
- Limited information
- Not a direct provider
ForeverCar went from being a warranty comparison website to an extended auto warranty provider. They have a network of over 15,000 repair shops nationwide, and their plans are easy to understand and have low deductibles. However, their prices are higher than some of the competition, and, more importantly, they are no longer accepting new customers.
Preferred Waranties Inc. was started in 1992 in Pennsylvania as a car shop. Later, they grew into selling guarantees for cars. They've been in business for a long time and offer a full range of care contracts for used cars, bikes, and ATVs to people all over the United States. Their plans range from whole car to engine, and some come with extras like roadside help 24 hours a day, 7 days a week. They sell their plans through a wide network of authorized sellers nationwide. Instead of third-party managers, ASE-certified claim adjusters are in charge of the fixes. Some customers commented on having had trouble with their claims being denied multiple times, confusing the process and delaying repairs and payments. Contacting customer service was tricky for some, and certain vehicle parts weren't covered. Some customers also didn't like the repair shops in PWI's network.
- BBB Rating : A+
- Cancelation Option : Yes. You get a full refund within 30 days; otherwise, the refund is prorated
- Maintenance Coverage : Unavailable
- Money-Back Guarantee : 30-day money-back guarantee
- Number of Plans Available : 4
- Repair Shop Choice : Use the repair facility of your choice
- Term Limits : 3 years
- Waiting Period : 30-days
- Operating Status : Active
- Business Started : 2011
- Online Quote : True
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : Undisclosed
- Number of Plans Available : 7
- Repair Shop Choice : Yes, any licensed repair shop in the US or Canada
- Term Limits : Undisclosed
- Waiting Period : Undisclosed
- Operating Status : Active
- Business Started : 1992
- Online Quote : False
- No mileage limitations
- Reimbursement of $1000 for trip interruption for 5 days
- Direct payments to repair shops
- Covers a variety of vehicles
- You can use any repair shop of choice
- Coverage begins immediately
- Phone
- FAQs
- Help Guides—Undisclosed
- Live Chat
- Mobile Application
- Ticket
- Phone
- FAQs
- Help Guides
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Ticket—Undisclosed
- Major Credit Cards
- Major Debit Cards—Undisclosed
- 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
- Major Credit Cards
- Major Debit Cards
- Cash—Undisclosed
- Check
- ACH Transactions
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order
- Wire Transfer
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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