Does CarShield really pay for repairs? This question is about CarShield

Does CarShield really pay for repairs?

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This question is about CarShield

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@WalletHub • 04/13/23 This answer was first published on 10/13/21 and it was last updated on 04/13/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, CarShield really pays for covered repairs to your vehicle, as long as you have an active CarShield vehicle service contract. The exact kinds of repairs CarShield will pay for depend on the specific service contract you choose.

Why Some People Wonder Whether CarShield Really Pays

CarShield has a D rating with the Better Business Bureau (BBB) for allegedly failing to pay claims and other customer service issues. In 2020, CarShield filed a lawsuit against the BBB alleging bias against CarShield after the BBB shifted to an A-F grading system. CarShield claimed that the new system was designed to drive BBB website traffic and to encourage businesses to buy BBB memberships. CarShield does not pay for a BBB membership and alleges that the BBB enforces a moving standard, making a better grade impossible.

Why You Might Still Consider CarShield

The total number of BBB complaints filed against CarShield represent a relatively small portion of the 1 million contracts they claim to have sold. Plus, it is a well-known, fairly affordable company with a 4.2 average user rating on WalletHub. Thus, you should just make sure you understand everything a CarShield plan does and does not cover before purchasing one.

For more information about CarShield and its competitors, check out WalletHub’s guide to the best extended car warranties.

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Is CarShield a rip-off?

CarShield is not a scam or a rip-off, but it isn’t a great deal either given its D rating from the Better Business Bureau. CarShield is a legitimate company that has been providing vehicle service contracts for nearly 20 years and has earned a 4.2 user rating on WalletHub, yet it has a history of complaints reported to the BBB.

Why CarShield Isn’t a Rip-Off

5 levels of protection plans, plus a motorcycle...

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Does CarShield pay their claims?

How much does CarShield cost?

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...

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