Introduction

An extended car warranty (also called a vehicle service contract) can save you from expensive repairs after the factory warranty expires. But with so many providers, how do you choose the best one?

In this guide, we’ll review the top extended car warranty companies of 2024, comparing coverage options, pricing, customer service, and reputation. Whether you want bumper-to-bumper protection or just powertrain coverage, we’ll help you find the right plan.

Top 5 Best Extended Car Warranty Companies (2024)

1. Endurance – Best Overall Coverage

✅ Pros:

• Direct provider (no middlemen)

• Multiple coverage levels (from basic to comprehensive)

• 24/7 roadside assistance

• Free rental car reimbursement

• 30-day money-back guarantee

❌ Cons:

• No instant online quotes

• Higher premiums for older cars

Best for: Drivers who want flexible, high-coverage plans with great customer service.

2. CARCHEX – Best for Used Cars

✅ Pros:

• Covers high-mileage and older vehicles

• Partnership with top insurers (like AUL)

• 24/7 customer support

• Transferable warranty

❌ Cons:

• Some plans have strict repair shop restrictions

Best for: Owners of used or high-mileage vehicles.

3. Protect My Car – Best Affordable Plans

✅ Pros:

• Low-cost payment options

• Covers wear-and-tear items

• Quick claims process

❌ Cons:

• Limited availability in some states

Best for: Budget-conscious drivers who still want solid coverage.

4. Olive – Best for Luxury & Electric Vehicles

✅ Pros:

• Specialized EV and luxury car coverage

• No deductible options

• Easy online claims

❌ Cons:

• Higher premiums for high-end cars

Best for: Tesla, BMW, Mercedes, and other luxury/EV owners.

5. Concord Auto Protect – Best for Customer Satisfaction

✅ Pros:

• High BBB ratings

• No claims hassle reported

• Flexible payment plans

❌ Cons:

• Limited plan customization

Best for: Drivers who prioritize customer service and smooth claims.

How We Ranked the Best Extended Car Warranty Providers

We evaluated companies based on:
✔ Coverage options (bumper-to-bumper, powertrain, etc.)
✔ Pricing & deductibles
✔ Customer reviews & BBB ratings
✔ Claims process & turnaround time
✔ Additional perks (roadside assistance, rental car coverage)

What Does an Extended Car Warranty Cover?

Most plans offer:
🔹 Bumper-to-bumper (Exclusionary coverage) – Most comprehensive
🔹 Powertrain – Engine, transmission, drivetrain
🔹 Stated component – Covers only listed parts
🔹 High-mileage plans – For cars over 100,000 miles

How Much Does an Extended Car Warranty Cost?

Prices vary based on:

• Car’s age & mileage

• Coverage level

• Deductible choice

Average Costs:

• Basic powertrain: $1,500–$3,000

• Mid-level coverage: $2,000–$4,000

• Bumper-to-bumper: $3,000–$6,000

FAQs About Extended Car Warranties

❓ Is an extended car warranty worth it?

Yes, if you want to avoid unexpected repair bills. It’s especially useful for luxury, electric, or older cars.

❓ Can I cancel my extended warranty?

Most providers offer a 30-day money-back guarantee and pro-rated refunds afterward.

❓ Does the warranty cover pre-existing conditions?

No, most exclude pre-existing issues. Always read the fine print.

❓ Can I use my own mechanic?

Some providers require ASE-certified shops, while others allow dealership repairs.

Final Verdict: Who’s the Best?

• Best Overall: Endurance (great coverage & customer service)

• Best for Used Cars: CARCHEX (high-mileage friendly)

• Best Budget Option: Protect My Car

• Best for Luxury/EVs: Olive

Before buying, compare quotes and read reviews to find the best fit for your car and budget.