Titanium: This plan has similar coverage to new car bumper-to-bumper warranties. As an exclusionary plan, Titanium covers almost any mechanical breakdown except for a short list of exclusions. This option protects everything from electrical components and your air conditioning system to essentials like the engine and transmission.
Platinum: This plan covers hundreds of parts spread across 15 different systems. Covered components include your car’s brakes, electrical system, suspension, steering, audio system, and engine.
Gold: A good mid-tier option for cars with high mileage, this plan covers 13 major systems.
Silver: This is an enhanced powertrain plan. Powertrain coverage includes the engine, transmission, and drivetrain, while expanded coverage includes five other integral systems for your vehicle.
Bronze: If you want to cover the most important parts of your car, this is a good option. The Bronze plan covers the powertrain along with the transfer unit, cooling system, and related seals and gaskets.
Extended Car Warranty Exclusions
Third-party warranty plans don’t cover everything, of course. They’re designed to protect against mechanical breakdowns, not to replace wear and tear items like brake pads, windshield wipers, and air filters. Vehicle service contracts also don’t cover damage from accidents, as that’s the purpose of car insurance policies.
Here are a few more things that car warranty companies don’t cover:
- Routine maintenance including oil changes
- Scheduled maintenance items like transmission fluid
- Anything covered by the car’s manufacturer
- Cosmetic items
- Normal wear and tear
- Damage from lack of maintenance or improper use
- Car accident and environmental damages (often covered by car insurance companies)
What Vehicles Does CARCHEX Cover?
CARCHEX covers both new and used vehicles, depending on the contract and level of coverage. Vehicles with up to 250,000 miles are covered, while warranties from the dealership typically have a limit of 60,000 miles.
One of the reasons that car warranties are worth it is that they make the repair process easier. No matter how much the pricing of parts fluctuates over time or location, car repair costs will be covered upfront.
For covered repairs, customers just ask the repair facility to contact the CARCHEX claims department for authorization and payment. The customer then pays their deductible and has nothing else to worry about.