An auto warranty broker offers extended warranty coverage for your vehicle. The difference between the broker and your dealership is that the dealership will typically work with one company to provide two or three different extended warranty options. On the other hand, the broker works with many extended warranty companies and can provide you with price comparisons and differences in available coverage. They may also serve as a mediator if there should be a dispute over a claim. You could think of an auto warranty broker as somewhat like your local insurance agent. You have one point of contact that you call when you need assistance with your policy.

The broker also saves you time when shopping for an extended warranty. Sure, you could get a list of companies together yourself and check prices and differences in policies. But that can be very time consuming. The advantage of using the broker is that they already have established relationships with these extended warranty companies, so they have all the information you need without having to spend hours researching.

The auto warranty broker is able to provide better coverage plans, compared to what is offered by your local dealership or finance company. Many of the plans offered by the dealerships or finance companies will only cover specific parts and components of the vehicle. The plans offered by the broker will cover complete systems and is less limited in what is covered and what is not. The broker can also provide for coverage on older model vehicles (less than twenty years old) with less than 60,000 miles on them.

The warranty broker offers a wide selection of available coverage. They have the standard extended coverage that will pick up where the original factory warranty, which is better known as the bumper to bumper warranty, ends. The broker also offers service warranties that will provide coverage for normal services on wear and tear parts like wiper blades, brake pads and oil changes.

Before purchasing any extended warranty or service protection, make sure to read through all the fine print. The fine print covers what will be covered under the policy and what will not. If you have questions about coverage, ask the broker. They are there to help you get the coverage you desire. You also want a policy that you can cancel or transfer without a penalty, should you decide to sell the vehicle before the end of the coverage period.