![]() ![]() If you put your phone number on the National Do Not Call Registry, you shouldn’t be receiving unsolicited sales pitches, either from a live person or a recording. If a company asks for sensitive information while you are simply researching plans, it could be a sign that the company is untrustworthy. ![]() This data can be used against you to commit fraud. It’s best to hold onto your driver’s license number and Vehicle Identification Number (VIN) too. Unless you know who you’re dealing with, never provide your bank account, credit card, or Social Security numbers. Don’t give out any sensitive information. Legitimate companies that care about protecting your vehicle will give you the time you need to make a decision and provide you with written information to reference. ![]() A telemarketer pushing auto warranties is going to use high-pressure tactics to hide any faults in the product. Extended Warranty-related scams aren't uncommon so here are some guidelines laid by Federal Trade Commission (FTC) to protect you from such scams: Whenever it comes to people asking for money on the phone, beware. Similarly, if the warranty provider does not offer the flexibility of choosing from multiple repair shops, it is yet another major inconvenience and a limitation that cannot be overlooked.Īlso make sure you have the right type of warranty to fit your needs! If the process of filing a claim is and getting reimbursed for it is slow and complicated, then that makes the customer experience extremely poor. Processing a warranty claim is probably the most important attribute in a warranty provider. But if this isn't the case and finding information even via their online channels or from customer care representatives is hard, then try and avoid these warranty providers. Most reputed companies make sure that this list is as clear as possible and easily legible to prospective buyers. Most warranty providers will specifically mention the parts that are covered under the warranty and the parts that aren't. Learn how to cancel your extended warranty if you need to or what to do if a dealer refuses to cancel your warranty. Not all reviews might be as transparent or unbiased but looking at a significant number of them should help paint a clear picture of the warranty provider's credibility. You can examine complaints lodged with the Better Business Bureau (BBB) and check google for customer feedback. If the sales team is reluctant to sell you the extended warranty without disclosing details about the plan and if they insist on giving you details after purchasing the warranty then steer clear of such providers.Īlways look for customer and agency reviews of the warranty providers on your shortlist. Here are a few red flags to look out for in an extended warranty provider. Filtering out bad extended warranty plans might be challenging when shopping in a market flooded with multiple third-party. ![]()
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