Insurance services and underwriting extended warranty contracts Forms for Los Angeles
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FAQ
EG Assurance's Vehicle Service Contract, or VSC, helps you relax by providing additional coverage on top of the factory warranty. Coverages are available to protect you against unexpected repair costs for covered breakdowns on new and pre-owned vehicles.
CarShield is not available in California. Are extended car warranties legal in California? Yes, with caveats. Sellers and administrators must be licensed, and only dealerships may sell VSCs, while only insurance companies may sell MBIs.
Primarily, there are two types of extended warranties the one offered by the car manufacturers or their authorized dealerships and the after-market warranty offered by third-party vendors (third party would be an insurance or a warranty company).
Service contracts are sometimes called an extended warranty, but they're not a warranty as defined by federal law. They're sold by car manufacturers, dealers, and independent companies, you can buy them anytime, and prices and coverage vary widely.
Service contracts and warranties both provide some element of repair or maintenance for a specific period of time. The main difference is that warranties are included in the purchase price and service contracts cost extra.
A service contract is sometimes called an extended warranty, but service contracts are not warranties. A service contract can help you fix or maintain your product for a specific time like a warranty. But, unlike a warranty, service contracts cost extra.