The vast majority of the time, drivers benefit from extended warranty insurance plans that prevent them from having to pay when their vehicles break down. On the other hand, although most consumers don’t have the financial resources to cover unexpected problems, some do. If you fit the following description, you may not need to get a service contract.

Who can afford to go it alone?

If you have the financial means to replace your automobile every two to three years, extended warranty insurance may not make a lot of sense. Extended service contracts tend to help people who must rely on their vehicles over a period of several years. If you are fortunate enough to have the resources to frequently buy a new car, an extended warranty may not be worth the cost.

Who needs coverage?

In a perfect world, we’d all have the money to buy new cars and trucks whenever we grow tired of our current vehicle. In the real world, most of us must learn to live with what we have. If you need your vehicle to come through for at least five to six years, an extended service contract can really come in handy.

To find the most reliable, affordable options, compare auto warranties at Don’t just take the first plan that comes your way; trust the experts at CARCHEX to ensure that you’re getting complete coverage that won’t let you down.