Auto Warranty
Top Companies in 2024
MaxCare vs Preferred Warranties Inc
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- 24/7 emergency roadside assistance
- Customizable plan
- Flexible payment options
- Transferable coverage
- Nationwide protection
- Rental car reimbursement
- Live chat option
- Nationwide coverage
- Offers powersport coverage
- Online claim process
- No sample contract
- No free quote
- Can only be purchased through CarMax
- Can only be bought at the time of vehicle purchase
- MaxCare is administered by a third-party
- 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
MaxCare is an extended auto warranty that is available for all cars purchased from CarMax. This warranty must be purchased at the same time as the car purchase. MaxCare can save you money on repairs and give you peace of mind, knowing your car is covered.
When someone buys a car from CarMax, they get a free limited plan. You can get service for up to 90 days or 4,000 miles with this plan. They can also buy an additional protection called MaxCare. There are now over 200 CarMax stores across the United States. The first one opened in 1993 in Richmond, Virginia. On top of that, the Better Business Bureau (BBB) page gives them an A!
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 : NR
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : 30 days
- Number of Plans Available : 1
- Repair Shop Choice : Yes
- Term Limits : Mileage-based
- Waiting Period : 30 days
- Operating Status : Active
- Business Started : 1993
- Online Quote : False
- 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
- Flexible payment options
- Comprehensive roadside assistance tool
- Covers a variety of vehicles
- You can use any repair shop of choice
- Coverage begins immediately
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application—Undisclosed
- Ticket—Undisclosed
- 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—Undisclosed
- 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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