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CarShield costs $99 per month and up, though prices vary by state, driver, and specific vehicle. CarShield sells vehicle service plans, which are similar to extended warranties and will cover the cost of repairs to the car’s systems and mechanical parts.
Key Things to Know About CarShield Plans
- CarShield plans cover your vehicle’s engine,ntransmission,ntransfer case,ndrive axle, andnwater pump.
- Six different plans are available from CarShield, giving drivers options in terms of coverage and cost.
- To qualify for a CarShield plan, cars must fulfill certain eligibility requirements, though the company does not disclose the exact requirements.
Specific details may vary based on which CarShield plan drivers purchase, but this list provides a good example of CarShield coverage.
It’s also worth noting that mechanical breakdown insurance from a car insurance company is often a cheaper alternative to a third-party vehicle service plan or extended warranty. For more information, check out WalletHub’s guides to mechanical breakdown insurance and extended warranties.
People also ask
Does car insurance cover mechanical problems?
No, car insurance does not cover mechanical problems unless you carry mechanical breakdown insurance. Mechanical breakdown insurance is a policy add-on that covers the failure of major vehicle systems such as the engine or transmission.
Standard car insurance policies do not provide this coverage, so if you don’t purchase mechanical breakdown insurance, you will have to pay for the repairs yourself. Several major insurance companies, including Geico and Allstate, offer mechanical breakdown insurance, which only costs about...
read full answerDoes insurance cover your transmission?
No, insurance does not cover a car’s transmission, unless you have mechanical breakdown insurance coverage. Mechanical breakdown insurance is an auto insurance policy add-on that covers the failure of major vehicle systems, including a car’s transmission. Even mechanical breakdown insurance only covers sudden malfunctions, though, not normal transmission maintenance or damage caused by ordinary wear and tear.
Several major insurance companies, including Geico and Allstate, offer mechanical breakdown insurance, which costs about $100 annually. If you...
read full answerAre 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...
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