The best car warranty companies have strong industry reputations, a wide range of affordable coverage options, and transparency in their processes and customer experience.
After in-depth industry research, we found that Endurance is the best car warranty company, and we name it Best Overall for 2023.
Third-party car warranty companies each offer different coverage options and perks, which is why it’s best to shop around and compare coverage from the most reputable providers.
Our editorial team has spent dozens of hours combing through the research and comparing the best car warranty companies available. In this article, we’ll explain our top six choices, providing an in-depth look at each company’s business practices and industry reputation. We’ll also discuss what factors are worth considering when deciding which car warranty company is right for you.
Our editorial team researched and compared dozens of auto warranty providers in the industry. To find the best and more reputable car warranty companies, we considered the cost and coverage options of each provider in the market and also placed a heavy emphasis on industry reputation and customer experience.
As the table illustrates, the best car warranty companies are Endurance, Olive, CarShield, CARCHEX, autopom!, and Protect My Car based on our industry-wide study. In the sections below, we’ll discuss each top car warranty company in detail.
1. Endurance: Best Overall
Year Established:2006 Corporate Headquarters: Northbrook, Illinois Availability: All states except California
We chose Endurance as the best car warranty company in the industry for 2023. The company stands out from the competition as a direct supplier, meaning it administers its warranty contracts to drivers directly with no middleman involved. Most other third-party warranty providers outsource their contracts to other service teams or underwriting companies.
Expand the section below to read more about Endurance.
Endurance received an overall score of 4.6 out of 5.0 from our editorial team. It ranked highly across the five categories we use to rate extended warranty providers — industry standing, coverage, affordability, transparency, and customer service.
Endurance Reviews Online
Endurance customers seem to approve of its coverage, as it boasts strong ratings with experts like AM Best, as well as with customers on rating sites like the Better Business Bureau (BBB) and Trustpilot.
What This Means
A+ in financial strength (Superior)
The company is reliable financially to pay out customer claims.
Endurance’s rating recently dropped due to advertising issues, which have since been resolved.
Customers have a positive experience with the extended warranty services from Endurance.
The company currently boasts an “Excellent” rating on Trustpilot. That puts it at the top of its class among the most reputable extended car warranty companies in the industry.
And while it is not currently rated by the BBB due to prior aggressive marketing tactics, Endurance has a 3.6 out of 5.0-star customer rating. We found that positive Endurance warranty reviews across Trustpilot and the BBB highlight the company’s customer service, easy buying experience, and affordability. In contrast, negative reviews shine issues on lengthy wait times and a slow claims approval process.
In addition to its strong ratings, Endurance was also named one of the fastest-growing privately held companies by Inc. 5000 in 2020. The provider also received the Bronze Stevie Award at the 2019 Stevie Awards for Great Employers, which recognizes a company’s efforts toward employee well-being.
While Endurance contracts tend to be on the more expensive side, many drivers think it’s worth it for the perks and comprehensive benefits. Our review team found that, on average, the best extended car warranty from Endurance, the Supreme plan, costs around $70 per month for 36 months to get five years or 100,000 miles of extended car warranty coverage.
In general, we found that Endurance plans of all levels cost about $69 to $180 per month and require a down payment of $150 to $350.
Endurance has six coverage levels to choose from:
Supreme: This bumper-to-bumper exclusionary warranty is best for new, high-tech, commercial, or hybrid vehicles.
Superior: This is the highest level of stated-component coverage offered by Endurance.
Secure Plus: This offers powertrain plus coverage with the shortest waiting period.
Select Premier: This plan is specifically-designed powertrain plus coverage for older cars with lots of miles on them.
Secure: This is the most affordable powertrain coverage plan, covering only the engine, transmission, and water pump.
EnduranceAdvantage™: This is the highest level of stated component coverage offered and includes regularly scheduled maintenance services like oil changes.
Drivers also get access to Endurance Elite Benefits, which come free for one year and include:
Key fob repair or replacement up to $500
Repair or replacement of up to two tires per year (up to $125 per tire)
Up to $500 per covered collision ($1,000 limit)
Up to $1,000 toward a new vehicle if your car is totaled
Year Established: 2000 Corporate Headquarters: Chicago Availability: 50 states
Olive.com is a newcomer to the extended warranty industry and began by offering California drivers mechanical breakdown insurance in 2021. There are a couple of things that set Olive apart. First, the company’s website is user-friendly, presenting clear information about warranty plans and how to sign up for one. But the main advantage Olive has over its competitors is its subscription-based billing system. This system allows customers to cancel their warranty plans at any time.
Olive.com received relatively high rankings from our editorial team. It received a 4.5-star rating and was named the Best Online Process for 2023. Here’s a closer look at the scores we gave the provider across five categories:
Olive Online Reviews
In addition to our scores, Olive.com also received high marks from other warranty industry evaluators. The company’s underwriter, QBE, is an established global insurer and warranty provider that holds an A financial strength rating from AM Best. Olive also has accreditation and an A+ rating from the BBB. Customers on Google give it an impressive 4.6 out of 5.0 stars.
Olive warranties vary significantly in terms of cost due to differences in vehicles and coverage levels. Plans with Olive range from around $650 to nearly $5,500 in total. That translates to around $20 to $85 per month.
Here are the three levels of coverage Olive offers:
Complete Care: Olive’s highest level of coverage offers comprehensive, exclusionary coverage for your vehicle. It’s similar to bumper-to-bumper coverage.
Powertrain Plus: This plan covers the same major systems as the powertrain plan, along with many additional stated components, such as the fuel pump.
Powertrain: Olive’s most basic coverage plan protects your car’s drivetrain and most important – and most expensive – major systems.
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3. CarShield: Affordable Monthly Payments
Year Established: 2005 Corporate Headquarters: Cottleville, Missouri Availability: 49 states (excluding California)
Since 2005, CarShield has sold over 1 million vehicle service contracts, making it one of the largest extended car warranty companies in the industry. The provider’s vehicle service contracts are administered by other parties, like American Auto Shield, which is backed by insurers with an “excellent” financial strength rating.
In addition to its financial stability, CarShield has proven to be one of the most affordable options on the market. This is why our editorial team gave it a 4.5 overall rating and named it Best Monthly Payments for 2023. The table below shows how we rated CarShield across several categories:
CarShield Reviews Online
While our ratings are generally high for the company, industry ratings are mixed. CarShield has an F rating from the BBB, which is the lowest rating of any of the best car warranty companies on this list. This is because many consumers have reported a pattern of behavior regarding misleading sales and advertising practices, rude customer service, failure to cover needed repairs, and difficulty canceling a policy for a refund, despite the 30-day money-back guarantee.
A certain number of negative customer reviews are to be expected with any company, and these complaints are not uncommon in the car warranty industry. When you consider that CarShield has covered over one million vehicles, the number of complaints is small.
CarShield has higher scores on other customer review sites. For example, the company has 4.2 out of 5.0 stars on Google and 4.0 stars out of a possible 5.0 on Trustpilot. This is a good indication that customers are mainly satisfied with their extended car warranty experience from CarShield.
Based on the quotes we received CarShield is not expensive. In fact, at a range of $89 to $130 per month, CarShield service contracts are some of the least expensive on the market.
CarShield offers six warranty options:
Diamond: This plan offers bumper-to-bumper coverage with only a few exclusions and is best for new cars that will be kept for a more extended period of time.
Platinum: This vehicle service contract protects most of your car’s vital parts.
Gold: This powertrain plan is targeted to drivers who have unreliable cars that are liable to have hefty repair bills.
Silver: This plan offers basic powertrain coverage and is best for drivers on a budget.
Aluminum: This specialty plan helps cover repairs for the alternator, engine control module, and electrical components.
Motorcycle & ATV: This plan offers Platinum or Silver coverage for specialty vehicles.
Because of its specialty plans and affordability, CarShield can be a solid option for drivers who want flexible extended warranty coverage.
Year Established: 1999 Corporate Headquarters: Hunt Valley, Md. Availability: 50 states
Founded in 1999, CARCHEX has a long history of positive customer experiences, along with a strong reputation among industry experts. We chose it as the best extended car warranty company for used cars and high-mileage vehicles because it covers vehicles with up to 300,000 miles.
Our editorial team gave CARCHEX a 4.4 out of 5.0-star rating based on its industry standing, coverage, affordability, transparency, and customer service. Here’s a closer look at the scoring breakdown we gave CARCHEX for each of those categories:
CARCHEX Reviews Online
When it comes to business practices, CARCHEX ticks all the boxes. It is accredited by the BBB with an A+ rating, and it has been in business since 1999, making it the oldest company on our list. With over 160 reviews on the BBB website, customers give the provider a 3.5-star rating out of 5.0.
Positive reviews detail a speedy claims process, satisfactory service for luxury vehicles like BMW, and friendly, professional customer service representatives. On the other hand, negative CARCHEX reviews detail unsolicited sales calls, slow claims approval, and difficulty canceling contracts.
In addition to its strong BBB reviews, industry giants like Kelley Blue Book, Edmunds.com, and CARFAX endorse CARCHEX, too. CARCHEX has also received several awards and accolades, including:
Eight-time honoree on the Inc. 5000 list of fastest-growing companies
A Silver Winner in the 2017 Golden Bridge Awards
Top employer in the Baltimore area by The Baltimore Sun for six consecutive years
Our research revealed that CARCHEX plans cost around $3,000 on average. Monthly payments range from $100 to $160 per month, depending on the payment schedule. These range from 18 to 24 months.
Coverage options with CARCHEX include:
Titanium: This is an exclusionary contract, similar to a bumper-to-bumper warranty you’d get on a new car at the dealership.
Platinum: This is the highest level of stated-component coverage offered by CARCHEX.
Gold: This is the second highest level of stated-component coverage and is best for vehicles with over 60,000 miles.
Silver: This plan offers powertrain plus coverage for older vehicles that are likely to have heftier auto repair costs.
Year Established: 2005 Corporate Headquarters: Saint Petersburg, Florida Availability: All states except Alaska, California, Hawaii, Missouri, Oklahoma, and Washington
Extended warranties typically cover repairs for parts based on the plan you select. But when it comes to regular maintenance, you’ll still foot the bill. Few extended warranty companies include maintenance, but Protect My Car provides oil changes and tire rotations in extended warranty coverage and offers separate maintenance plans.
Protect My Car Ratings
Because of its unique offerings and strong reputation, we gave Protect My Car an overall rating of 4.4 out of 5.0 and named it Best Customer Experience for 2023. The table below explains how the maintenance and vehicle service contract provider was rated by our team across several areas:
Protect My Car Reviews Online
Based on Protect My Car reviews, the company’s customers seem mostly happy with their plans. Customers give Protect My Car an average of 4.0 out of 5.0 stars on the BBB website. The company also has favorable ratings from customers on Trustpilot. With more than 3,300 reviews, Protect My Car has a 4.4-star rating.
Most Protect My Car complaints center around unclear coverage expectations. Particulars such as the amount of time or miles in the waiting period also came up as issues.
Protect My Car Costs
On average, we found that the Supreme plan offered by Protect My Car costs between $100 and $130 per month for four years of coverage. Drivers should be ready to pay between $50 to $100 to activate their warranty plan.
Protect My Car Coverage
Protect My Car offers three vehicle service contracts covering up to 125,000 miles. Here are the details of those plans:
Supreme: This exclusionary coverage is similar to a manufacturer’s factory warranty and is best for newer vehicles.
Select: This plan is aimed at vehicles with over 50,000 miles in good condition and covers the same components as the Supreme contract, minus the navigation system and turbocharger.
Driveline: This vehicle service contract is for vehicles between four and ten years old with more than 80,000 miles. It’s similar to the Supreme and Select plans, though it does not cover the navigation system, turbocharger, or front and rear suspension.
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6. autopom!: Best Claims Process
Year Established: 2009 Corporate Headquarters: Lake Forest, California Availability: Varies by plan
If you’re looking for an extended car warranty company with an excellent customer service reputation, a solid claims process, and a range of affordable coverage options, autopom! is worth considering. The company is known for its amazing customer service representatives who advocate for customers who feel their car repair claims were unjustly rejected.
Due to its customer advocacy, we gave the company a 4.3-star rating out of 5.0 and named it Best Claims Process for 2023. The company also received high ratings across the board for the five criteria we use to assess all extended warranty providers.
autopom! Reviews Online
Along with our ratings, autopom! has solid reviews on the BBB and Trustpilot. Customers on the BBB website give autopom! an average score of 4.6 out of 5.0 stars. The company is similarly well-received on Trustpilot, where it holds an average customer review rating of 4.7 out of 5.0 stars.
Based on the quotes our team received, autopom! extended warranties cost between $2,600 and $3,800, depending on the vehicle and coverage levels. This works out to be between $100 and $135 when split into monthly payments.
With autopom!, there are three levels of coverage:
Exclusionary: This bumper-to-bumper coverage comes with only a few exclusions and is geared towards newer cars.
Mid-level: This provides protection for many of your vehicle’s systems, including fuel delivery.
Powertrain plus: This plan is best for people looking for minimal coverage, as it protects your car’s transmission and drivetrain.
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Extended Car Warranty Companies: What to Know
When shopping for extended car warranty coverage, it’s best to look for reputable extended car warranty companies that have a strong customer service reputation, affordable rates, and an array of coverage options. The sections below will touch on how the best car warranty companies are determined by consumers and our editorial team.
What Is a Car Warranty Company?
While a“car warranty company” could technically mean any company (like automakers or insurance providers) that offer extended car warranties, the term is most commonly used to refer to third-party companies that specialize in brokering and/or administrating aftermarket vehicle service contracts.
Extended Auto Warranty Providers
Though extended car warranties can be purchased from various types of companies, the two most common extended auto warranty providers are the automakers, which are usually the companies that manufacture the covered vehicle, and independent car warranty companies, which specialize in brokering and/or administering aftermarket vehicle protection plans.
There are pros and cons to buying coverage from each of these types, which we’ll explain in detail below.
Extended Warranties From An Automaker
Buying extended coverage directly from an automaker ensures your vehicle receives genuine parts for auto repairs and factory-trained technicians for repair work. Despite this, these warranties have some disadvantages:
Limited repair shop choices: Most automakers require drivers to have their vehicle repaired at a dealership or branded repair centers. For most drivers, this can be difficult as some manufacturers only have a few dealerships nationwide.
Expensive vehicle service contracts: You may find that the price of a vehicle service contract for an automaker is more expensive.
Fewer coverage options: Generally, automakers only offer one to three vehicle protection plans. Depending on your needs, you may not have enough coverage or pay extra for unnecessary coverage.
Purchasing periods: Some dealerships allow you to purchase an extended warranty before your factory warranty expires, while others require you to get it at the time you purchase your new vehicle.
Aftermarket Car Warranty Companies
Aftermarket (or third-party) car warranty companies are providers that offer extended car warranties for certain repairs. Most operate as brokers, while another company backs the vehicle service plans.
While these companies may not always offer guaranteed manufacturer parts, there are some advantages to buying a plan from them, including:
More affordable coverage: You’re more likely to find affordable rates with reputable extended car warranty companies than an automaker, especially if it’s a luxury brand. That said, while the costs are lower overall, if you choose a third-party company, you will likely need to pay a deductible for repair costs.
More repair shop choices: Most third-party warranty companies will allow you to take your car to any certified repair shop after a mechanical breakdown.
More coverage options: You can typically find third-party warranty providers with five to six different coverage levels, which can often fit different drivers’ needs.
Purchasing periods: Almost all aftermarket warranty companies sell plans for used vehicles outside of the new vehicle limited warranty period.
Compare Car Warranty Companies
In March 2022, our editorial team polled 1,000 respondents to find out their experience with car warranty companies. We found that around 75% of respondents purchased an extended warranty from an automaker, while 45% had purchased from a third-party extended car warranty provider.
The survey respondents reported that pricing was the most important factor when determining where to purchase, along with the warranty’s term length and variety of coverage levels.
Extended Car Warranty Company Reviews
Here’s a look at how the best car warranty companies stack up based on what respondents reported as being the most important in our survey.
Car Warranty Company
Number of Plans
Protect My Car
Cheapest Car Warranty Companies
As previously noted, cost was the most important factor for those considering an extended car warranty, based on our 2022 customer survey. That said, though price is clearly important to customers, the cheapest car warranty company usually isn’t the best.
For this reason, we recommend comparing quotes from providers featured on our list of best car warranty companies, all of which offer specific packages that provide quality, affordable coverage Below are quoted prices our researchers received from the best car warranty companies:
Car Warranty Provider
Extended Car Warranty Cost
5 years/100,000 miles
3 years/185,000 miles
5 years/100,000 miles
5 years/100,000 miles
Protect My Car
4 years/100,000 miles
5 years/51,000 miles
On average, a plan providing extended coverage from a car warranty company costs between $1,794 and $4,270. Common factors that will influence your extended car warranty costs include:
Reputable Extended Car Warranty Companies: What To Look For
While price is an important factor for customers when choosing a car warranty company, one of the most common causes of dissatisfaction for existing customers are issues with claims denials.
While many claims denials result from customers not thoroughly understanding the contract they purchased, unscrupulous car warranty companies with a history of misleading customers do exist. For this reason, to help ensure you get what you pay for and are happy with the purchase, finding a trustworthy provider is crucial when choosing a car warranty company.
There are a few criteria you can use to judge whether or not a warranty provider is one you can depend on, which we highlight in below:
Car Warranty Company Customer Reviews
You can find customer review scores for warranty companies on Trustpilot, Google, and the Better Business Bureau (BBB) website, just to name a few. But no one website will give you the full picture, so it’s best to read reviews across multiple sites. For example, we noticed that customer review scores tend to be lower on the BBB because customers typically only go to this site looking to resolve an issue.
A reputable warranty provider will have lots of favorable reviews. Look for mentions of an easy claims process and supportive representatives as signs that the company will be there for you when you need them.
And while a few bad reviews are expected for any company, watch out for complaint patterns. If you see more than a few negative reviews that consistently mention bad business practices, such as scam calling after requesting a quote, it could be a legitimate problem.
Positive Industry Reputation
Industry rating organizations can give you insight into how other professionals see a company. We look closely at how the BBB and financial analyst AM Best rate warranty companies.
A company’s BBB rating reflects how well it handles customer complaints. A high rating indicates that a company is responsive and effective in resolving issues. Companies with low ratings haven’t done a good job of dealing with complaints. The BBB offers an explanation of a company’s rating if you click the text “reasons for rating” under the grade.
AM Best assesses companies’ financial strength in the form of a letter grade. We take a look at the underwriters that warranty companies use to service claims on their contracts. Their AM Best grade tells us whether the underwriter is in good enough financial shape to guarantee claims payouts.
Car Warranty Claims Process
You want to be able to easily use your coverage when you need it. That is, after all, why you bought it. But not every company makes it simple to use your coverage. Customer reviews can give you an idea of how easy a company is to work with and how quickly they settle claims.
Whether or not a company pays vehicle repair shops directly is also an important consideration. Some providers will cut a check to the facility, meaning you’ll only be responsible for the deductible if you have one. But others reimburse you after you’ve paid the bill yourself.
Transparency Regarding Coverage and Exclusions
Claims denials are one of the most common issues in the warranty industry. While reputable extended car warranty companies make it clear what is and isn’t covered, others hide key details in the fine print of your contract, such as part specifications and the length of your waiting period.
So while you should always read every contract in its entirety before signing, look for companies that make their business practices and their coverage clear and easy to understand.
Long-Standing Company History
As the market for vehicle service contracts grows, so does the number of providers. While there are certainly some excellent car warranty companies that have jumped in in the last few years, there are also plenty just looking to make a quick buck.
If a company has been around for a while, it’s a good sign that it has served customers well and isn’t a rip-off. Newer companies might be a great option but may require a little more scrutiny in other areas.
Red Flags: Warning Signs of a Bad Extended Warranty Company
While the best auto warranty companies offer quality and dependable coverage, not all warranty providers live up to their promises. Some companies provide coverage that’s difficult to use, and others, are basically just scams looking to make a quick buck.
The worst form of scams related to car warranty companies comes from individuals that impersonate telemarketers working on behalf of car warranty companies in order to illegally obtain your personal information and commit various forms of fraud. There are, however, ways to spot untrustworthy providers and outright frauds:
Look At Industry Ratings: Ratings from professional organizations are a good place to start investigating a company. The BBB rates companies based on how they handle complaints from customers. Their rating of a warranty company can give you a clue as to how easy a company is to work with. A poor rating from the BBB and especially any alerts are a clear sign you might want to look for another provider.
Read Customer Reviews: Other customers can be a great source of information about a company and the experience of working with them. It’s normal for companies to have a few bad reviews here and there. But a high proportion of negative reviews compared to positive ones is a red flag, as are any consistent patterns noted in negative reviews.
Avoid Scam Calls: If you are interested in purchasing a car warranty, reach out to the car warranty companies you are interested in directly for a quote. Never trust a cold caller with your personal information.
Best Car Warranty Companies: Conclusion
With so many options on the market for extended car warranties, it can be hard to know who’s the best in the business. Our team did extensive research on the best extended car warranty companies and ranked them based on industry standing, coverage, affordability, and customer service.
Endurance and Olive scored the highest in our reviews, but the best company for you will depend on what kind of coverage you need and how much you want to pay. That’s why we always recommend shopping around and getting free quotes from several providers.
Featured Extended Warranty Companies
We reviewed the best extended auto warranty providers, and here are our top picks.
Below are frequently asked questions about car warranty companies:
What are the top-rated extended auto warranty companies?
Our research team identified Endurance, CARCHEX, and autopom! as great choices for extended coverage. We picked these providers because of their coverage options, cost, and customer experience. That said, the right choice for an extended warranty company will depend on the customer’s needs.
What is the most reliable car warranty company?
In our research, we found that Endurance was the most reliable car warranty company overall. The direct warranty provider offers six coverage levels, lasting up to 200,000 miles. It also offers several plan benefits, such as roadside assistance, rental car reimbursement, and trip interruption coverage.
Who has the highest-rated extended auto warranties?
During our research, we found that Endurance offered the highest-rated extended auto warranties. The company offers six plans ranging from bumper-to-bumper coverage to powertrain coverage. It even has a plan that combines an extended warranty with scheduled maintenance, known as EnduranceAdvantage.
What is the best way to buy an extended warranty for a car?
The best way to buy an extended warranty for a vehicle will come down to your personal preferences. You can purchase an extended warranty through the automaker or dealership where you bought your car or a third-party extended car warranty company. Automaker plans offer genuine parts for covered repairs and factory-trained technicians, while third-party plans are more flexible and tend to have more coverage options.
Is CarShield a good extended warranty company?
Yes, CarShield is a good extended warranty company. Our review team gave it an overall score of 4.5 out of 5.0 and recognizes it for having Best Monthly Payments in 2023.
When should you not buy an extended warranty?
It’s best to wait instead of buying an extended warranty when you purchase your car, since you likely won’t need it for several years. You should consider waiting until your manufacturer’s warranty is nearing expiration or the deadline to purchase coverage is approaching.
What are the top 5 manufacturer extended car warranties?
Based on our research, we found that the best factory extended car warranties are offered by Hyundai, Lexus, Kia, BMW, and Buick.
Our expert review team takes satisfaction in providing accurate and unbiased information. We identified the following rating categories based on consumer survey data and conducted extensive research to formulate rankings of the best extended auto warranty providers.
Affordability: A variety of factors influence cost, so it can be difficult to compare quotes between providers. Our team performs ongoing secret shopper analyses for different vehicles, mileages, warranty plans, and locations to give this rating.
Coverage: Because each consumer has unique needs, it’s essential that a car warranty company offers an array of coverage options. We take into account the number of plans offered by each provider, term limits, exclusions, and additional benefits.
Industry Standing: Our team considers Better Business Bureau (BBB) ratings, availability, and years in business when giving this score.
Customer Service: Reputable extended car warranty companies operate with a certain degree of care for consumers. We take into account customer reviews, BBB complaints, and the responsiveness of the customer service team.