Car insurance & Warranties: Working together for complete protection

Motoring is a large and very expensive part of life for many people.

This is why it is important that all motorists are aware of the different types of cover that they can have to protect themselves if they encounter any problems on the road. The two main types of cover and ones which people often get confused about are auto insurance and car warranties.

With this in mind, here is a look at the difference and how they can work together for complete protection.

Car insurance and warranties

 

Auto Insurance

Auto insurance is required by law and provides financial protection if there is damage sustained due to an accident on the roads or if the car is damaged by fire or stolen. There are various levels of car insurance to choose from and the amount that you pay each month will depend on a variety of factors. Sometimes it is impossible to stop damage from happening which is why this is so important to have (in addition to being a legal requirement).

 

Car Warranties

Car warranties, meanwhile, are an optional type of insurance policy that provides financial protection if your automobile breaks down due to an electrical or mechanical fault (not due to a collision). Vehicles can break down at any moment and the parts and labour can be expensive which is why having a warranty in place is so important.

 

New vehicles come with a manufacturer warranty where costs of repairs are met by the manufacturer and these usually last for 3 years or 60,000 miles.

After this, you could go without a warranty, but this is a risk which could leave you seriously out of pocket. It is for this reason why it might be worth finding an extended warranty from a specialist who can provide brand specific cover, such as a Vauxhall warranty.

All extended warranties are different, so you will want to find one with engine parts and labour, timing belts, turbocharger, cooling, fuel system, driveline and other components all covered. Additionally, some extended warranties will also have helpful add-ons such as the cost of a hire car covered.

 

These are the main differences between car insurance and vehicle warranties.

While it is only car insurance that is legally required in this country, a smart motorist will purchase an extended warranty once the manufacturer warranty has expired for complete protection on the roads. Automobiles are complex machines which can break down due to mechanical or electrical fault at any moment and this can be costly to repair.

An extended warranty fits around your car insurance to provide complete protection if you were to get into an accident or if the vehicle were to break down, providing peace of mind behind the wheel.

 

Disclaimer: this is a collaborative post

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