The consumer guide to uncovering the best value

in auto warranties and repairs.

Types of Extended Auto Warranties ...

Stated Component Coverage

Stated Component coverage, also known as an inclusionary policy, is a standard extended warranty that covers most of the major parts and components on your vehicle. These policies will list all items covered or included in the warranty, hence the term “inclusionary”. Some stated component policies will offer as an option additional benefits and coverage.

These are a very good alternative when your vehicle does not qualify for a bumper-to bumper policy and they are a very good value. Typically these apply to mid-mileage vehicles with 50,000 to 100,000 miles.

Powertrain Coverage

Powertrain coverage is a basic warranty and only covers, as the name refers, the vehicle’s powertrain. This would include the engine, transmission, drive axles and drive shaft. Some powertrain warranties, also known as plus or enhanced policies, will extend the coverage to a few additional parts and components.

A powertrain warranty will cover you for the big ticket items and the really big repair bills. A powertrain warranty is more appropriate for a high mileage vehicle or a mid-mileage vehicle if you are only concerned with the big ticket repair bills.

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