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Reasons why you Should Renew Your Auto Warranty

Reasons why you Should Renew Your Auto Warranty Image

While many consumers take the time to secure an auto warranty when buying a car, not all of them will renew the coverage when that first round is set to expire.  For some, the feeling is that the car is a little older and the scope of coverage will decrease to the point that it offers very little in the way of protection.  While this may be true in some cases, the fact is that renewing your auto warranty can be a very smart move.         

Before deciding that renewing your auto warranty is not worth the time or expense, take some time to identify the range of benefits that will be included in the renewal.  You may find that there is little to no change at all in the benefits, making the renewal a very good proposition.  Even if there are a few points of coverage that will no longer be included due to the mileage on the engine or some other factor, focus your attention on the remaining benefits.  There is a good chance you will find those still help to keep expenses down and would save a great deal of money if one of those covered events should come to pass.

Avoid making generalisations about what to do when renewal time comes around.  Look at the complete range of benefits that you keep by renewing, determine if they are sufficient to justify the expense, then make your final decision.  Doing so could make life a lot easier down the road.   

Author - Michael Barclay

published: 06/05/2011 14:00:00

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