Allstate Extended Warranty Reviews

When it comes to purchasing and owning a new car, peace of mind comes from knowing you have a manufacturer’s warranty. A car warranty is a contract that covers repairs for your vehicle within an allotted time. Car repairs are not exactly cheap. It is comforting to know a warranty will cover you if anything goes wrong. But what happens when the warranty expires?

Repairs can cause a severe dent in your bank account after the manufacturer’s warranty has expired. The cost of the parts and labor is pretty steep. Luckily for car owners, there are options. Extended car warranties can provide the coverage you need when your manufacturer warranty expires. Extended warranties are available from companies like the Allstate Insurance Company. They understand car owners want to sleep better at night, knowing they are protected against sudden high car repair costs.

In case your car experiences a mechanical breakdown after the warranty period has ended, you can still avoid the high repair costs by getting an Allstate Extended Warranty. We’re going to take a look at what the Allstate Extended Warranty is and provide you with the information to decide if it’s the right way for you to protect against costly breakdowns. 

What is the Allstate Extended Warranty

The Allstate Extended Warranty is a warranty provided by the Allstate Insurance Company that covers the repair costs for your engine, steering, electrical, and a whole lot more. They claim to pay 100% of covered repairs, including parts and labor, after just a $50 deductible.

The Allstate Extended Warranty includes several different plans offered by the company, and each covers various aspects of your car repairs. The extended warranty products are known as the Allstate Extended Vehicle Care Plans.

Allstate Extended Warranty Deductibles

When deciding on an extended car warranty policy like an Allstate Extended Vehicle Care Plan, it is essential to choose the right deductible amount and the coverage limit.

The deductible amount is how much you agree to pay before the insurance company kicks in the rest of the money for your claim. For instance, consider that you were in an accident that resulted in damages worth $3,000. If your extended car warranty has a deductible of $100, you’re going to pay $100; then, your Allstate Extended Warranty will cover the rest of the $2,900.

The deductible amount has a direct effect on the monthly premium payments. The lower the deductible, the higher your monthly premium will be. High deductibles cost you more when you have a claim, but your monthly premium is lower.

Allstate Extended Warranty Coverage Limit

The extended car warranty coverage limit is the maximum amount the extended warranty provider will pay on claims. When you choose the deductible amount, you will also choose a coverage limit on your Allstate Extended Warranty. 

The higher the limit, the more you will pay in your insurance premiums. Let’s say your coverage limit is $100,000, and the cost of repairs amounts to $105,000. In this situation, you are $5,000 over your policy coverage limit. The additional $5,000 would be your responsibility, while the company will meet its coverage limit amount and pay the $100,000.

Should You Buy an Allstate Extended Warranty?

The Allstate Vehicle Service Contract is a product that specifically caters to the needs of those who want to get repairs for their vehicles after their manufacturer warranty has expired. The Allstate Vehicle Service Contract covers repairs for a wide range of mechanical breakdowns for your car. The plan covers the costs of both vehicle parts and labor. The warranties can also transfer to another owner, increasing your car’s value and making it easier to sell.  

We recommend you get more information about the warranty’s value by talking to your local Allstate agent. They can provide you with all the information required to determine if the plans are right for you. Based on your unique situation, the Allstate agent can recommend the ideal coverage amounts and deductible for you. 

2021 Vehicle Maintenance Guide

All the information you need to make an informed decision on protecting yourself and your vehicle from costly repairs.