Whether your car is your pride and joy that is washed and lovingly maintained each week, or a cheeky little run around that you only use for the school run, no car owner wants to be saddled with large bills for unexpected repairs.
Car warranty insurance will protect you if your car experiences a mechanical breakdown or electrical failure.
A car warranty insurance policy can protect you from the cost of repairs at a garage if your car develops any mechanical issues.
The type of warranty depends largely on whether you have a new or used car, and may even be included when you purchase your vehicle. Always read the terms and conditions of your warranty so you know exactly what protection you have should anything go wrong with your car.
Wear and tear (for things like batteries, wheels and tyres) is not generally included, although you can pay extra to add these to some policies. Also, not all policies cover air-conditioning, sat-navs or modifications or if you use your car as a taxi.
It usually covers repairs to:
- Transmission system
- Fuel and engine system
- Air-conditioning or cooling system
- Non-frictional clutch and brakes
It may also cover vehicle recovery, car hire while it's being fixed, hotel expenses if you are left stranded, emergency travel expenses or driving your car abroad.
Do I need car warranty insurance?
Modern cars are more sophisticated and complex than ever which means repairs can prove costly. But losing access to your vehicle is also a major inconvenience especially if you rely on your transport for work.
Car warranty insurance can provide peace of mind, knowing that a big repair bill could be avoided if you need to send your car to the garage.
If you've only just bought a brand new car, you might not think it’s necessary to think about possible mechanical problems. After all, who wants to think of anything negative when they have a brand spanking new vehicle on the drive? It’s likely you will also have the existing manufacturer’s warranty for any potential problems so extra insurance might not seem necessary.
It's certainly worth finding out exactly what is covered in the manufacturer’s policy, how long it lasts and whether there is a cap to the mileage and then decide if it's worth opting for a extra deal.