Preferred Warranties Inc.

Founded in the year 1992, Preferred Warranties, Inc. earns a reputation for its wide range of extended protection coverages for pre-owned vehicles all over the country. The legacy of this successful company stands on three pillars of superlative customer support, quality coverages, and in-house expert claim handling. Its automotive technicians carry the most valuable ‘National Institute for  Automotive Service Excellence (ASE)’ credentials. 

Preferred Warranties, Inc. joined the KAR Global Team in 2013 to help independent automotive dealers boost their business even faster.

Why choose Preferred Warranties, Inc.?

Preferred Warranties, Inc. provides all budget compensation policies including the Preferred Warranty Premier Plan. All the coverage plans offered by the company are unique.

You should lend your trust to Preferred Warranties, Inc. for the following reasons:

24/7 Emergency Road Assistance

This service is available for all plans excluding Budget and Powersports. The Road Assistance number is toll-free and available 24/7. 

Benefits:

• Mechanical First Aid
• Towing Service
• Battery Service
• Delivery Service
• Tire Service
• Lockout Assistance

• Award-winning customer service
• Claims adjusters are ASE-certified
• One of the best-rated protection programs by customers
• Approved claims paid within  5 working days. One of the fastest warranty companies to offer claims.
• Offer a good range of trustworthy dealer and budget friendly plans such as  Preferred Warranty Premier Plan and Preferred Protection Extended Warranty Plan.

Preferred Warranties, Inc. coverage plans

Why are you wasting your hard-earned money on maintenance and repair bills? Pay your repair bills through the following coverage plans offered by the Preferred Warranties, Inc.

Powertrain Coverage Plan

The most expensive and costly part to repair is the engine and transmission of any vehicle. Under Powertrain coverage plan the insurance company offers coverage on the heart and spine of your vehicles.

Covered components:

1. Engine
2. Transmission
3. Four-wheel drive and all-wheel drive
4. Differential
5. Seals and gaskets

Base Coverage Plan

The Basic Preferred Protection Extended Warranty plan offers coverage on the engine, drive axle, electrical, AC and more key components. All the coverage plans are offered after the end of the manufacturer’s warranty. It is the best plan for a car, SUV or truck.

 Covered components:

1. Engine
2. Transmission
3. Four-wheel drive and all-wheel drive
4. Differential
5. Seals and gaskets
6. Additional engine coverage
7. Electrical
8. Drive axle
9. Steering
10. Brakes

Plus Coverage Plan

Plus coverage plans offer extra shield protection on turbo elements, ABS, fuel delivery system and high-tech electrical components. This plan is specially designed for offering coverage on important advanced systems. 

Covered components:

• Even more engine coverage
• Turbocharger
• Additional transmission coverage
• Additional drive axle coverage
• Additional steering coverage
• Electrical/high-tech systems
• Fuel delivery system
• Air conditioning
• Engine
• Transmission
• Four-wheel drive and all-wheel drive
• Differential
• Seals and gaskets
• Additional engine coverage
• Electrical
• Drive axle
• Steering
• Brakes

Extra Mile Coverage Plan

This plan is designed for vehicles with factory warranties. Extra mile coverage plan offers additional backup excluding the manufacturer warranty. All the expenses are included even if the accident falls in the manufacturer’s warranty period.

Covered components:

• Even more engine coverage
• Turbocharger
• Additional transmission coverage
• Additional drive axle coverage
• Additional steering coverage
• Electrical/high-tech systems
• Fuel delivery system
• Air conditioning
• Engine
• Transmission
• Four-wheel drive and all-wheel drive
• Differential
• Seals and gaskets
• Additional engine coverage
• Electrical
• Drive axle
• Steering
• Brakes
• Anti-lock braking system

Premier Coverage Plan

The premier coverage plan offers protection to high-performance vehicles. This plan is the all-inclusive, tech-packed, exclusionary. All the components are covered except which are listed in Exclusions.

Components which are not covered:

• Regular maintenance services
• Door panels and handles
• Structural framework
• Bumpers
• Sheet metal and flexible body parts
• Paint
• Convertible tops
• Upholstery, trim, moldings, windows and headlamps
• Anything not installed by the manufacturer
• Hybrid vehicle battery
• Repairs made to meet emission standards

Budget Coverage Plan

This plan is offered to a person who loves his or her wallet. All the basic coverage is offered by protecting your wallet.

Powersports Coverage Plan

Powersports coverage plan is offered to protect your pre-owned recreational vehicles from mechanical breakdowns. All types of motorcycles, snowmobiles, ATVs and personal watercraft are included in this coverage plan.

Covered components:

• Engine
• Transmission
• Primary drive
• Final driveshaft
• Steering
• Brakes
• Gauges
• Suspension
• Electrical
• Fuel systems
• Four-wheel drive mechanics

How to obtain Preferred Warranties, Inc. refund?

For securing Preferred Warranties, Inc. Refund, you need to report claims on the official portal. You may use an online or offline medium as per your choice.

Online Claim Method

1. Open any web browser and log on to the official website of Preferred Warranties, Inc.
2. By using username or phone number and password complete the signup process.
3. Click on the claim option.
4. Select the claim type.
5. Fill the claim form by offering necessary details about the claim such as contact details, contract papers and uploading documents or records for verification.
6. Submit the claim form and note down the request number.

Report claim through the customer support team

1. Visit the customer support team
2. Submit the maintenance, repair, any other expenses bill related to covered vehicles.
3. Fill the claim form and mention the contract details properly.

At the Claim center

Take the necessary documents related to the contract. Fill the claim form and deposit the with authorizing bills. The claim will be processed as per the current coverage policy.

Over the Phone call

1. Call on the Preferred Warranties Inc customer service number.
2. Select the language for connecting to the claiming team.
3. Enter the policy number to authenticate your identity.
4. Confirm the policy number and contract type to the agent.
5. The agent will fill the claim form on your behalf and submit the request by offering a repair or maintenance receipt with contract paper.
6. The claim request will be sent to the claim adjuster. After verification, your claim will be processed as per your plan type.

Coverage premium charged by Preferred Warranties, Inc.

The Recommended Base Plan of  Preferred Warranties, Inc. starts from $1,500. Preferred Warranties Prices depend on the plan purchased by the consumer. In some coverage plans consumers need to pay $50 to $100 per visit. All the plans are much more economical than other insurance providers, choose your plan wisely as per your requirement.

What does the Plus, Extra Mile and Premier policies search engine list contain?

The list of control engines in accordance with the Plus plan, the Extra Mile plan and the Premier coverage plan is set out below for both the policyholder and the contract dealer:-

• All types of sensors including the air intake temperature sensor,  crank sensor, Coolant level sensor, temperature sensor, all type of position sensor, ignition coil pack, Electronic control module, powertrain control module, and various speed sensors.

Benefits:

•  Reimbursement on maintenance and repair cost.

You are offering extra coverage to your wallet and superior engine by choosing Preferred Protection Extended Warranty.