Buying car warranty can be something of a minefield - many of us settle for a policy that is not the best on the market. With a little help, there's no reason why you can't find comprehensive car warranty at a great price.
It sometimes seems as though the car warranty market is still catching up with the modern world. While many consumers have become used to saving money on items by shopping around and getting online discounts, few seem to be switched on to the possibilities of doing the same with car warranties.
Independent car warranty companies are undoubtedly to blame for this approach. The big specialist warranty firms appear to have been slow to embrace the internet. Rather than making great strides to sell direct to the consumer, they appear to have settled on selling their policies to car retailers, who have largely acted as middlemen.
This approach has harmed the industry. One concern has been that this style of selling has led to increases in policy prices. In short, many UK car owners have been paying more for policies than they might otherwise have been.
A further problem has been one of awareness. Since the leading car dealerships now dominate the market, many of us automatically look to them to sell us car warranties. Indeed, we may be unaware that there are other alternatives.
This has added greater upward pressure to prices, with car retailers realising that car owners are not shopping around for better deals.
If you've been buying warranties direct from car retailers then you may have been paying more than is really necessary.
A number of factors mean that this could all change. One key factor is that independent car warranty companies are now waking up to the power of the internet.
By selling direct to consumers, they are able to sell policies at lower prices. They're also making it easier for us to compare warranty products as a result.
If you want to get the best warranty policy then you need to embrace these changes.
Shopping for car warranty online will enable you to get lower prices and compare policies more easily.
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