May 19, 2020
Most companies have multiple types of warranties, which may include: new car warranty; usually from the car's manufacturer or seller, or used-car, extended warranty; that you can purchase from either the manufacturer or any third-party company that supports auto warranties.
A new car warranty, also called factory warranty, is the manufacturer's way to help pay for replacement or covered repairs during the warranty period. This warranty is usually included in the initial cost of your car.
Car insurance is there to help pay for damage to your car and other items as the result of a collision, fire, or theft. Unlike warranties, car insurance policies won't cover any vehicle problems due to mechanical or equipment breakdowns.
Coverages that are available on an insurance policy include:
Tow your car if it breaks down, or get services like battery recharging, flat-tire repair and more in case of it breaking down.
