WalletHub, Financial Company
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Yes, American Family offers a type of extended warranty called a vehicle service plan. The American Family vehicle service plan, ForeverCar, covers the cost of repairing major mechanical components, like the engine, transmission, brakes, suspension, and steering, among other things. The cost of American Family ForeverCar varies depending on the vehicle, but it averages about $45-$75 per month.
American Family’s ForeverCar vehicle service plan is similar to an extended warranty. The difference is that vehicle service plans are offered by car insurance companies, whereas extended warranties are generally sold by dealerships or third-party companies. Extended warranties and vehicle service programs are meant to keep drivers from paying out of pocket for sudden repairs, since mechanical problems are not covered by other types of auto insurance.
American Family Extended Warranties Cover:
- Engine
- Transmission
- Drive Axle
- Brakes
- Suspension
- Steering
- Batteries
- Headlamps
- Belts and Hoses
- Wiper Blades
- Wheel Alignments
- Electrical Components
- Rental Reimbursement (up to $40 per day)
Additionally, since ForeverCar is designed to supplement the original manufacturer’s warranty, cars must meet certain requirements to qualify.
- Up to 10 years
- Up to 175,000 miles
- Must not be used for commercial purposes or have known defects
Coverage and eligibility details can vary by state and depending on which plan you choose. For more information, check out WalletHub’s guide to extended car warranties.
People also ask
Are extended car warranties worth it?
Extended car warranties are worth it if a driver doesn’t carry sufficient savings to pay for vehicle system repairs or is worried about their car’s reliability. But for most drivers, extended car warranties go unused, so the potential benefits are not enough to justify the upfront cost.
When An Extended Car Warranty Is Worth It
A good time to consider the value of an extended warranty is when the manufacturer’s warranty on your vehicle has...
read full answerHow much does an extended car warranty cost?
An extended car warranty costs around $1,500. The exact cost of an extended car warranty depends on several factors, including the condition of the car, the car’s mileage, and the amount of coverage included in the warranty.
Factors That Affect Extended Car Warranty Cost
An extended car warranty pays for repairs to a car’s major systems if they malfunction. If you drive an older car or a car with higher mileage, your warranty will be...
read full answerHow do I cancel American Family insurance?
To cancel American Family insurance, the policyholder must contact their agent directly or call customer service at 1-833-381-1155. You will need to provide basic information about yourself, your American Family policy number, and the date you would like your policy to end. American Family may also ask for the details of your new car insurance policy to verify you won't be driving without insurance.
How to Cancel American Family Insurance Policies
- Cancel by phone by calling your...
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