Here are the five most important questions you should ask when choosing an extended car warranty for your vehicle:

1) What repairs are excluded from your used car warranty contract?

Some salespeople are good at telling you which repairs are covered, but what about the components that are not covered? Do some research to find the most comprehensive auto repair warranty.  If it’s possible, search for and purchase “bumper-to-bumper” used car warranties that include wear and tear coverage.

View the secret list of non-covered auto repairs for most extended warranty vehicle plans.

2) What maintenance requirements will you be responsible for under your extended auto warranty?

Most extended automobile warranties state that you must have your vehicle serviced in accordance with the manufacturer’s recommendations as outlined in the owner’s manual. Failure to follow these rules may result in denial of coverage. Two important maintenance items to pay particular attention to are the engine timing belt and transmission fluid changes.

3) How financially sound is the insurance company backing the extended car warranty?

Best’s Credit Ratings are the industry leader in unbiased and comprehensive evaluations of a company’s balance sheet strength, operating performance, and business profile.

You can learn how to check the AM Best Insurance Ratings and Better Business Bureau ratings of any insurance company you have concerns for here.

4) When will the vehicle extended warranty plan expire?

Some used vehicle extended warranties begin from the “original in-service date”, making the length of the warranty coverage appear longer than it really is. (The original in-service-date is the day your vehicle was first in use) Be sure to ask when the expiration date will be and then calculate the accurate time of use from the date of your warranty contract purchase.

5) At what odometer reading will your extended car warranty plan expire?

This information should be plainly stated on your used car auto warranties contract. Circle the number with a bright color pen to remind yourself of this in the future. When you approach the end of time or miles, it’s a good idea to have your dealer inspect your vehicle for hidden problems the auto warranty would pay for.

About the author: The Warranty Watchman, a.k.a. David Olthoff, has specialized in auto extended warranties for the past 21 years.