Is CarShield better than extended warranty?

CarShield also offers more flexibility than a traditional Warranty or Extended Warranty. For repairs under a CarShield plan, you can use your local ASE Certified Repair Shop, or you can even go to a Dealership to get your vehicle repaired.

Is CarShield a waste of money?

No, CarShield is not a scam or a rip-off, but it is a below-average company. CarShield is a legitimate company that has been providing vehicle service contracts for over 16 years and has earned a 4/5 rating from the consumer review on WalletHub, yet it has a history of complaints reported to the Better Business Bureau.

Is there something better than CarShield?

In our review of the best extended car warranty companies, we name Endurance as our top pick for Best Coverage. CARCHEX and Protect My Car also rank higher than CarShield in our review based on customer service, reputation, coverage and cost.

What company is better than CarShield?

Compared to CarShield, CARCHEX offers more differentiated coverage between tiers. The Titanium plan is available for new and pre-owned vehicles, and optional vehicle coverage for high-tech electronics and windshield repairs is also available.

Why does CarShield have so many complaints?

The BBB website lists more than 1,500 complaints against Carshield and gives the company an 'F' rating. "The reason that they have an 'F' grade is because of advertising issues, and also because they failed to address the underlying pattern," said Chris Thetford, a spokesman with the Better Business Bureau.

How CarShield Rejects Claims For Car Repairs

How much does CarShield cost on a monthly basis?

CarShield Cost Per Month

The CarShield monthly cost starts at $99 per month with a maximum payment plan of two years and the option either to pay up front or over time, according to CarShield.

Why are extended warranties bad?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don't necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.

What is the maximum mileage CarShield will cover?

Does CarShield have a mileage limit? CarShield can cover vehicles for up to 300,000 miles. This is more than many other third-party providers, and it makes CarShield a good option for cars with over 100K miles.

Can I cancel CarShield at any time?

How do I stop my coverage? If for any reason you need to change or discontinue your plan, please call Customer Service at 1-800-587-4162.

What companies are like CarShield?

Is CarShield a good deal?

No, CarShield is usually not worth the money since CarShield is a below-average vehicle service plan provider, based on customer reviews and Better Business Bureau ratings. You would need to have $1,200 to $1,600 in car repair costs covered per year just to break even, and CarShield has a lot of coverage exclusions.

Does CarShield cover electrical problems?

This vehicle service contract is great for covering most electrical and computer related problems including Engine Control Module, Starter, Alternator, Navigation/GPS, Electrical System & more.

Who owns the company CarShield?

Mark Travis serves as the CEO / President of CarShield.

What is a fair price for an extended car warranty?

What's The Average Extended Car Warranty Cost? Based on our research, the average extended car warranty cost is about $2,550, though it can range from $1,000 to $4,500 or more depending on the plan.

What does Dave Ramsey say about extended warranties?

“The fact is, extended warranties are overpriced. That's the reason people sell them, because they make a bundle on them in commissions,” says a money expert and radio talk show host, Dave Ramsey. “I don't recommend buying extended warranties, ever.

What are the reasons you don't need to buy an extended warranty?

What is the waiting period for CarShield?

CarShield plans have a standard waiting period of 20 days and 500 miles before coverage kicks in. This delay protects the company from paying for a repair the customer already knew about. Representatives can note what is wrong with your car when you sign up for an extended vehicle service contract.

What is the difference between endurance and CarShield?

The major differences between the providers are that CarShield has a plan for motorcycles and ATVs, while Endurance offers longer coverage limits. Both providers allow car owners to have covered repairs performed at any ASE-certified repair facility.

What is CarShield all about?

One of our vehicle protection specialists will help you work up a personalized plan for your vehicle. We'll provide sample policies at different pricing levels for comparison. Together we'll create a custom CarShield service plan that fits your needs to a “T.” The perfect service plan is one you write yourself.

How much does CarShield spend on advertising?

CarShield allocated roughly $89m toward this channel in 2020, up 58% from the roughly $56.2m it allocated in 2019. Last year, Pathmatics estimated $1.5m went toward CarShield's digital ads, an exponential increase from the estimated $159.2k that went toward them in 2019.

Why is CarShield not available in California?

VSCs may be sold legally to Californians only when specific criteria are met, which Delta and Seruya failed to do. Every VSC must be filed with CDI before it can be sold. Companies responsible for paying the claims on VSCs must be licensed by CDI, unless the company is a vehicle manufacturer, distributor or dealer.