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Renewing Car Warranties

Renewing Car Warranties Image

Car Warranties make it easier to manage various motoring expenses.  What many people are not aware of is that many warranties come with an option to renew when the initial period of coverage is about to expire.  Even if you've not had to use your warranty for some major repair, there is a very good reason why you should take advantage of that option.

A basic truth is that car warranties are investments in the lives of the cars covered by the terms and conditions extended in the plans.  Like insurance, the auto warranty is something that comes in handy if certain situations should come to pass.  The hope is that the coverage will never have to be used and the car runs just fine for years.  At the same time, the comfort is that if any of those covered events should take place while the warranty is in service, the amount of expense incurred by the owner is kept to a minimum.

Just as you would not drop contents insurance because you have never been burgled, or do away with your car insurance because you've not been in an accident for many years, you do not want to drop your Car Warranty just because no major covered repairs took place during the initial period of coverage.  Unless you plan on trading in your car in the very near future, don't run the risk.  Look over the renewal options offered by the supplier and go with the one that is the best fit for your situation.  All it will take is one covered repair to be needed, and your investment in the warranty will be worth the time and the expense.

Author - Michael Barclay

published: 24/02/2011 11:00:01

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