Fair Warranty is a service provider specializing in vehicle service contracts (VSC), often referred to as extended warranties. Their offerings are designed to provide comprehensive coverage for mechanical breakdowns that go beyond standard manufacturer warranties.
Services at glance
| Service | Description |
|---|---|
| Comprehensive Coverage | Cover over 1,000 parts your ride relies on with top-tier coverage. |
| Rental Car | Get a ride while repairs are being completed on your vehicle. |
| 24/7 Roadside Assistance | Towing, jumpstarts, and more whenever you need it. |
| Trip Coverage | We cover lodging and meals if you’re stranded. |
| Maintenance Discounts | Save on routine services at trusted shops nationwide with insider access. |
| Quick Claims | File and get approvals fast on your terms to stay on the road. |
| Nationwide Support | 7,000+ repair shops nationwide. |
| No Long-Term Commitments | Transfer or cancel your plan with no hassle. |
Coverage options per plan
| Coverage Plans | Powertrain | Standard | Gold | Platinum |
|---|---|---|---|---|
| Engine | ⬤ | ⬤ | ⬤ | ⬤ |
| Turbo / Supercharger | ⬤ | ⬤ | ⬤ | ⬤ |
| Transmission | ⬤ | ⬤ | ⬤ | ⬤ |
| Drive Axle | ⬤ | ⬤ | ⬤ | ⬤ |
| Transfer Case | ⬤ | ⬤ | ⬤ | |
| Air Conditioning & Heating | ⬤ | ⬤ | ⬤ | |
| Electricals | ⬤ | ⬤ | ⬤ | |
| Brakes | ⬤ | ⬤ | ||
| Suspension | ⬤ | ⬤ | ||
| Steering | ⬤ | |||
| Cooling System | ⬤ | |||
| Fuel System | ⬤ | |||
| Exhaust | ⬤ |
Benefits of Using Fair Warranty
The advantages of choosing Fair Warranty include:
- Transparent Pricing: Clear terms without hidden fees, allowing customers to understand their coverage fully.
- Flexible Plans: Options available for both new and used vehicles, accommodating various budgets and needs.
- Quick Claims Process: Claims can be filed online or via the Fair app, ensuring fast approvals.
- No Rate Increases: Rates remain consistent regardless of the number of claims filed.
Comparison of Fair Warranty and Traditional Dealer Warranties
Fair Warranty and traditional dealer warranties serve similar purposes in providing vehicle protection, but they differ significantly in coverage, cost, and flexibility. Below is a comparison of the two options.
Coverage
- Fair Warranty: Offers comprehensive coverage that includes major components like the engine, transmission, and electrical systems. It often provides additional benefits such as roadside assistance, trip interruption coverage, and rental car reimbursement.
- Traditional Dealer Warranties: Typically cover manufacturer defects and may include limited components. They are often more focused on the vehicle’s condition at the time of purchase rather than ongoing protection against breakdowns.
Cost
- Fair Warranty: Generally offers competitive pricing with flexible payment plans. Customers can choose from various options tailored to their budget and needs, potentially leading to cost savings over time by avoiding high repair bills.
- Traditional Dealer Warranties: Often come at a higher price point. These warranties can be bundled into the vehicle purchase price, leading to inflated costs. Additionally, they may have hidden fees or surcharges that increase overall expenses.
Claims Process
- Fair Warranty: Features a user-friendly claims process, allowing for easy submission of claims and direct payment to repair shops. This streamlined approach enhances customer satisfaction.
- Traditional Dealer Warranties: Claims processes can vary significantly between dealers and may involve more bureaucratic steps. Customers often have to deal directly with the dealership or warranty provider, which can lead to delays in service.
Flexibility
Traditional Dealer Warranties: Typically have rigid terms and conditions tied to the specific vehicle being purchased. They may not allow for as much customization or adaptation based on changing needs.
Fair Warranty: Offers flexible plans that can be customized based on individual needs. Customers have the option to select coverage levels that suit their vehicle’s age and mileage.
Ratings and Customer Feedback
Fair Warranty has received generally positive feedback regarding its services. Customers appreciate the transparent nature of the contracts and the ease of filing claims. However, specific ratings can vary based on individual experiences.
Pros and Cons
Pros
- Comprehensive Coverage Options: Extensive protection for a wide range of vehicle issues.
- Flexible Payment Plans: Monthly or annual payment options to suit different financial situations.
- Strong Customer Support: 24/7 assistance available for emergencies.
Cons
- Exclusions on Certain Vehicles: Does not cover vehicles with salvaged or branded titles.
- Potential Surcharges: Additional fees may apply for commercial vehicles or ride-sharing services.
- Limited Coverage for Older Vehicles: Restrictions based on vehicle age (up to 10 years) and mileage (under 150,000 miles).
Sing Up for Fair Warranty
Signing up for Fair warranty can be done entirely online at www.caredge.com/warranty
Fair warranty only sell through trusted partners to help keep prices low.
Conclusion
FairWarranty.com offers a robust solution for vehicle owners seeking peace of mind against mechanical failures. With a variety of service options, transparent pricing, and strong customer support, it stands out as a reliable choice in the extended warranty market. However, potential customers should consider the limitations regarding vehicle eligibility and additional fees before making a decision.
