A car warranty and car insurance may seem like the same thing, but they actually cover two different things which give you protection from 365 degrees.
Extended warranty and car insurance are two terms that pop up very frequently when you are purchasing a car–both new and old. It’s these values that are often seen as coverage that cover the exact same thing. In reality, though, both of these services cover two separate things that offer you complete protection on the road. Here are the differences between a car warranty and car insurance.
WARRANTY
Like every product we use, cars come with a basic period of warranty. During this time, the company “guarantees” that their product will be free from any kind of manufacturing defects. Should there be any kind of problem arising during this period, the company will replace the parts that it deems necessary to make sure that the car is in proper working order. The terms of warranty vary from one manufacturer to another, but the basic components that are covered are more or less the same.
INSURANCE
Car insurance covers you for your car, but only for accidents that have nothing to do with the manufacturer. Car crashes, vandalism, theft, fire damages, and acts of nature can all be covered by a quality car insurance policy. You pay a premium for the policy, and is legally required by every person who owns a car. Insurance helps cover the financial costs of a complete repair or replacement after an accident.
Car insurance and car warranty are very different things, but they work together to bring you the protection that you deserve. Contact Risk Management LLC in Brookfield, Wisconsin for all of your auto insurance needs.
