Why Vehicle Warranties Suck!
Common Frustrations with Vehicle Warranties
Confusing Terms and Conditions
Many customers find the fine print overwhelming, leading to unexpected exclusions when they need coverage the most.
High Pressure Sales Tactics
Constant calls and aggressive sales pitches leave potential buyers feeling pressured and uneasy.
Unclear Coverage Options
Despite promises, many warranties fail to cover essential repairs, leaving owners with hefty bills. Most of the time it is the sales person that downgrades coverage with or without customer even realizing. Talked about comprehensive, but purchased powertrain. Unfortunately, hundreds or even thousandes less parts covered than expected.
Difficult Claim Processes
Lengthy and complicated claim procedures often result in delays and denials, adding to customer frustration.
Eye-Opening Warranty Statistics
%
Majority Feel Misled
Over 60% of consumers report feeling deceived by the promises made in vehicle service contracts. Most of these started at the point of purchase. Many levels of coverage presented. Budget didn’t match what you wanted so sales person provided lesser coverage level. Unfortunately, this leaves you with many uncovered parts for a few dollars saved.
%
High Denial Rate
Approximately 45% of warranty claims are denied, leaving customers frustrated and out-of-pocket. Most because the part was never covered by the warranty purchased.
%
Frequent Complaints
Nearly 70% of warranty holders have experienced issues with claim processing or coverage disputes. The number one complaint is that the part that broke was not covered.
Your Warranty Concerns Answered
Explore common questions about extended warranties and find clear, straightforward answers.
Is an extended warranty worth it?
In most cases, their are many layers between you and the warranty company which adds significantly to the cost. This makes it difficult to find a good value. Dealing direct with a transparent provider like VIP Warranty that offers clear terms and comprehensive coverage changes things. At VIP Warranty, we have created the most simplified version of coverage available to reduce confustion at claim time. Simply maintain your vehicle and claims will be paid making it a great investment and providing peace of mind.
Why are claims often denied?
Claims are frequently denied due to fine print exclusions or maintenance neglect. The number one reason for denial is typically lack of proper maintenance or not fixing a suggested repair in a timely manner. The second reason is lack of understanding of what is covered considering the reason is that the part that broke was not covered by the warranty. Always review your policy details.
How do I avoid sales calls when inquiring about warranties?
Opt for companies like VIP Warranty that provide self-service options and transparent online pricing. In addition, we do not place your number in a call center and hound you with phone calls. Our service is in demand and we don’t have to.
Join the VIP Warranty Experience
Stop the hassle of confusing warranties. Join our VIP club for straightforward, reliable coverage that puts you in control. Sign up today!