Cost is not disclosed as a sample illustration, rather after prospective customers has entered information that is specific to their situation. Most companies, brokers or direct sellers, selling extended warranties or vehicle service plans do not disclose sample prices online before collecting this information. ForeverCar, in addition to giving quotes for its brokered plans, includes quotes for some of its competitors, which is unusual for a broker.
Car warranties cover car repairs that result from malfunction or mechanical breakdown. Car warranties can defray the cost of an unexpected and expensive car repair.
ForeverCar categorizes vehicle protection plans four ways:
Each of the plans which are brokered through ForeverCar includes some level of protection against expensive repairs to the vehicle's powertrain components. Covered components are the engine, transmission, and drive axles. Other coverage may be available depending on the plan, but specifics are not available for all of the plans which ForeverCar brokers or those which are presented during a price comparison.
Silver plans offer the least amount of coverage, but cover the car's most essential parts, like the powertrain and air conditioning. Interested car owners can view a sample contract online.
Gold plans builds on the coverage available from Silver plans. A sample contract for Gold plans can also be viewed on ForeverCar's website.
Platinum and Platinum Plus plans are exclusionary plans. These plans cover all car parts except for the parts listed in the vehicle service contract. Platinum Plus plans cover more parts than Platinum plans.
As ForeverCar is a broker for consumers to comparison shop for the best prices and coverages from companies, there is great variability in the plans which it offers.
Each ForeverCar Warranty includes rental car reimbursement for covered repairs under the service contract. This coverage may be void if the dealership or repair facility has included free loaner car availability as one of its perks.
Many vehicle service plans include some level of roadside assistance. ForeverCar's plans are no exception. ForeverCar clients can expect to pay $100 every time they use this service.
ForeverCar also offers trip interruption reimbursements. This is convenient for people who are on the road frequently and travel long distances. This benefit is not available to New York residents.
It is notable that while ForeverCar is a great option for consumers to comparison shop for vehicle service plans, its initial information is not as transparent as other brokers. The company would benefit from additional transparency about the added features which are often included in its brokered plans.
ForeverCar was founded in 2011 as a broker for extended warranties or vehicle service contracts. While ForeverCar does not have as much experience comparatively to many of its competitors, the companies which are the administrators for its extended warranty or vehicle service plans are as experienced as other administrators.
The average length of coverage under any of the plans brokered by ForeverCar is not available as this information varies greatly by company. Additional factors which cause the term of coverage to vary include the year, make, and model of the vehicle. Customers may also select different term lengths with some companies based upon their eligibility.
ForeverCar has many attractive features, like trip interruption and rental car reimbursement included with each service plan. These benefits are fairly standard within the industry. The company states that it is fully transparent, but it still could use some increased transparency to be comparable to other brokers. For those wanting to do their comparison shopping for a vehicle service contract in one place, ForeverCar may be a good option.
It's a good idea to check customer reviews before making a final purchase decision.
Car owners should perform regular maintenance on their vehicles. Missing an oil change or failing to take care of your car in any other way can void you extended car warranty.
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