What Determines the Best Type of Auto Coverage for Your Needs

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CARS Protection Plus has been in the auto coverage industry for a few decades. They know all too well what is the best type of auto coverage that you need. One individual’s car insurance might look different from another is, and why this is, is because there are different factors that come into play that can make all the difference. One of these factors is where you live and whether you lease or finance your vehicle. There are different types of auto insurances and knowing what is required and what your financial situation is determines which policy is best for you.

A basic car insurance policy includes the following:

Liability coverage, which usually includes two types of coverage, bodily injury liability coverage and property damage liability coverage, both of which can protect you financially against other people’s claims in the event of an accident.

Uninsured/underinsured motorist coverage, this type of insurance protects you directly from other drivers. It pays you if you are injured in a hit-and-run accident or by a driver who either does not have liability insurance or does not have enough to cover your damages.

Personal injury protection is for states that have a no-fault law. It means any driver involved in an accident must file a claim with their own insurance company, no matter who caused the accident.

Medical payments coverage helps pay for the medical and funeral expenses for you or any passengers in your car. This insurance may also cover you if you are hit by a car as a pedestrian.

Collision coverage helps pay to repair or replace your car if it is damaged after colliding with another object, like a car or tree. This type of coverage is usually required if you lease or finance your car.

Comprehensive coverage helps pay for damage or loss that results from something other than a collision. This could be anything from theft, falling objects, earthquakes, vandalism, windstorms, and hail. It can also protect you against damage from animals like deer.

When considering how much coverage to buy, there are a few things to think about. One is your coverage limits, consider your financial situation. Weigh the premium you can afford each month against how much you could realistically pay out of pocket if you were in an accident. Second is your deductible, a higher deductible will lower your premium. After you research all this information then you will be able to figure out what insurance is best for you. Do not forget to compare quotes from many different insurance companies.

Cars Protection Plus Explains What Happens When Your Vehicle Has a Recall

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What is a recall?

When a vehicle or some of its equipment poses a safety risk to drivers and passengers, either the National Highway Traffic Safety Administration (NHTSA) or the vehicle’s manufacturer will issue a recall. Recalls can happen for any number of issues such as safety issues with a vehicle’s air bags, tires, steering, brakes, among many other possibilities.

Usually, the car’s manufacturer will voluntarily issue the recall when they discover a defect that doesn’t meet safety standards. The NHTSA will also issue one after the manufacturer files a report with them. The NHTSA says vehicle manufacturers must notify owners by mail within 60 days of the report being filed.

While recall service is usually free, other repairs you might agree to outside of the recall can be costly. Investing in a reliable and comprehensive service plan from Cars Protection Plus can help you cover any repairs not covered in a recall.

What if I haven’t been notified of a recall?

 If you suspect a recall and haven’t been notified, you can either call the vehicle manufacturer or check the NHTSA recall database. You can sign up to receive recall alerts via email from them.

Another way to ensure you’ll get notified in the event of a recall is to register both your new and used vehicles with their manufacturer and notify them if you move.

What do I do if I receive a recall notice?

First, read the recall notice. It should detail the safety issue with your vehicle and the equipment affected. It will also include:

  • A description of the issue or defect
  • Why it is being recalled
  • What the safety risk is

It will also tell you to have the issue repaired at an authorized local dealer. Usually, a dealer will be very helpful in scheduling repairs for the recall. If you have difficulty scheduling with the dealer, call the vehicle’s manufacturer and ask for help. If neither one is helpful, you can file a complaint with the NHTSA against them.

Don’t put off the recall repairs. The recall was issued due to a safety issue. The best thing is to get it repaired as soon as possible. If the manufacturer has said in the recall that driving the car isn’t safe, you should limit use of the car until the necessary repairs are made.

 What solutions will the vehicle manufacturer provide?

 According to the NHTSA, by law the manufacturer must correct the issue in one of three ways. They can repair the vehicle or part at no cost to you. If the problem cannot be fixed, they can provide you with an identical vehicle or a similar model. They could also issue you a refund for the purchase price of the car minus some depreciation costs, depending upon how long you have had the vehicle and how many miles it has on it.

Do I have to pay for the repairs?

Usually, you do not have to pay for the recall repairs. The manufacturer is typically responsible for fixing any recall issues for you at no charge.

If you bought a used car and there is a recall that the original owner did not repair, you can still get recall work done. A recall lasts eight years from the original sale date of the vehicle. Used vehicles more than 10 years old may NOT qualify for free repairs, though you can contact a local dealer and ask.

Gap Insurance vs Loan/Lease Payoff: Cars Protection Plus Discusses Whether You Need Either One

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You know about all different kinds of vehicle insurance, but what is gap insurance? Guaranteed asset protection (gap) insurance is usually for loans or leases on new cars that have never been titled before. Gap insurance is good to have if your car is stolen or totaled and you owe more on your loan than your vehicle’s depreciated value.

Gap insurance and loan/lease coverage can be purchased through various auto insurance companies, through some auto dealerships and through extended warranty policy providers such as Cars Protection Plus.

Is gap insurance really necessary?

Let’s say you purchase a new car for $30,000 and take out a car loan for $28,000. When driving off the parking lot of the dealership, you know your car just lost some value. According to the Insurance Information Institute (III), when you drive a brand-new vehicle off the lot, its value immediately decreases about 10% in the first month and up to 20% in the first year. It continues to decrease in value over time.

Continuing this example, a year after you’ve had the car, you total the car in an accident. Your auto lender has required both collision and comprehensive insurance on the vehicle, so your auto insurance company will pay the auto lender up to the car’s depreciated value. If your car is worth $24,000 at the time of the accident or theft, auto insurance will cover up to that amount. But you will still owe your auto lender $28,000, which means you will owe your auto lender the $4,000 difference between the depreciated value and the loan amount.

Will I still be liable to pay the full loan amount if my car is totaled?

Yes. You are still on the hook for the original loan amount, regardless of whether the car is totaled or stolen. This is where gap insurance comes in handy. With gap insurance, the gap insurer will pay the difference between what auto insurance covers and the original loan amount. Usually, you’ll need to have both collision and comprehensive coverage on a car in order to purchase gap insurance.

What is loan/lease payoff coverage?

Loan/lease payoff coverage is similar to gap insurance and some companies use the term interchangeably. If your car is stolen or totaled, loan/lease payoff coverage will pay up to 25% of your car’s actual cash value after your auto insurance company has paid you.

Gap insurance usually needs to be purchased within 30 days of the car’s purchase or lease while loan/lease payoff coverage can be purchased at any time you own or lease the vehicle. Loan/lease is also good for used cars, since true gap insurance is usually only offered early on in owning or leasing a new car.

Anytime you finance more than 30% of your car and think you may be upside down on the loan for any amount of time, you should consider either purchasing gap or loan/lease coverage. Both gap insurance and loan/lease coverage are relatively affordable as coverage providers don’t assume much risk and they are usually for a short duration.

 

CARS Protection Plus Discusses Tips for Driving in the Rain

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cars protection plus vehicle service warranty

While the saying says that April showers bring May flowers, last year May was the second wettest month in the recorded history of the United States. Most drivers know that intense rain can cause a plethora of different driving hazards that contribute to road conditions becoming unsafe. For example, water mixing with dirt on asphalt causes tires to lose traction on the road, making hydroplaning a legitimate concern when it rains. CARS Protection Plus acknowledges all the dangers that rainy conditions can promote and includes a short list of tips to help drivers stay safe and avoid accidents when driving in the rain.

Drive Smart

While it may be one of the simplest rules for driving in rainy conditions, CARS Protection Plus realizes that many of us are so used to the routine of driving that we do not properly adjust for unfavorable conditions. Drive smart and make sure to be alert and focused on your surroundings.

Turn on Headlights

It is the law in most states for drivers to turn on their headlights when conditions contribute to low visibility arise such fog, snow, cloudiness, or rain. Proper use of headlights allows drivers to see the roads better in rainy conditions and help other drivers see you on the road as well.

Slow Down

Because of the risk of hydroplaning when driving during wet weather, slowing down is an excellent way to avoid accidents. Remember that speed limits are designed for ideal driving conditions where the driver has good visibility and there is little traffic. Rain generally will increase traffic and reduce visibility, so slowing down you drive to your destination is crucial. CARS Protection Plus also recommends allowing for more travel time when travelling in rainy conditions, as it helps not to feel rushed while things on the road are moving slower.

Increase Following Distance

CARS Protection Plus acknowledges that slick road conditions and reduced visibility can easily cause accidents on the road and increasing your following distance in addition to slowing down is a great way to take precautions. This gives drivers plenty to time to react to road hazards and account for longer brake times by braking early.

Avoid Large Puddles When Possible

Deep puddles present several issues for your car while driving in rainy conditions. Water that splashes into your car’s engine compartment can damage electrical systems within, while potholes that may be located under puddles can cause issues for your cars suspension. As a rule of thumb, if you cannot gauge the depth of a puddle, it is best to avoid it if possible.

 

New Car, New Problems: Which Vehicles are the Most Affordable to Service?

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Congratulations, you are in the market for a vehicle!  It is an exciting process with many details involved, and it is very important to you that, because of the expense of the car itself, the servicing also be as low-cost as possible on the vehicle.  Many individuals might not consider the costs that follow the purchase or lease of a vehicle, including repairs, maintenance and gas.  You have already realized through your research how much maintenance and protection can cost for your vehicle.  So, you invested in a reliable and comprehensive service plan from Cars Protection Plus.  However, now you are left wondering, Which vehicles tend to cost the least to maintain and repair?

Luxury vehicles come with luxury parts, and they are not only expensive to repair, but also may run into more issues than other brands.  Car brands from overseas, such as BMW and Mercedes-Benz, tend to malfunction or break down more often.  Many of these models’ German parts are manufactured with pricier materials.  For example, the materials used to cover the seats are of higher-quality than the cloth used in a less expensive brand.  Luxury vehicles tend to be geared more towards driver experience, while other more economical options may focus more on dependability.

Ranking as the most affordable options in the auto servicing world are the brands produced in Asia, such as Toyota, Honda and Kia.  These vehicles’ parts are more affordable and the brands have a reputation of reliability and a long lifespan.  When you are considering purchasing a vehicle, also consider the features built into the car.  It makes sense that when a vehicle has more capabilities and is thus more complex, there are more parts that can present with issues.  A vehicle with a moonroof, more seats, lane assist, a larger or more sophisticated engine or other premium features has more areas in which it can malfunction.  If you plan on acquiring a vehicle with extras, it is even more important to consider the Cars Protection Plus plans, so you can enjoy the features without worrying about accumulating costs from potential repairs.

Of course, there are always exceptions to which cars tend to need more servicing, and the treatment of a car also weighs on its dependability.  No matter what model you choose, it is essential to hold onto that service protection plan from Cars Protection Plus and keep your vehicle maintained.

These Tips from Cars Protection Plus can Help Motorists Make it Through Roadside Crisis

 It’s a situation no driver really wants to be in: stuck on the side of the road. Nothing mechanical is flawless and even meticulously maintained cars and trucks are capable of breaking down. With this inevitability in mind, we’d like to suggest some tips to those who may be reading this while sitting inside their vehicle that refuses to fire up. Whether you call a tow truck first or consult Cars Protection Plus for insurance advice, there are a few more steps drivers must take to get their car to the repair shop and back on the road as soon as possible.

Seek safety: A flat tire, snapped belt or charging system issue can happen without warning. Motorists should find a safe place to assess the situation before springing into action. Even if the issue is a flat tire that can be solved in 10 minutes with the spare and jack in the trunk, the safety-first approach would dictate setting up road flares if you’re along a busy road. According to a June 2019 article from TheWireCutter.com, “battery-powered emergency beacons are a much safer alternative to traditional magnesium flares, both for your health and for the environment around you.

The tool kit: It helps to have a basic understanding of how motor vehicles work, but even basic problems can be solved with the right gear. Dim headlights, weak radio and dying cabin lights are signs of a weak battery or charging system issue. A set of jumper cables and help from a passing motorist could be all that’s required. A side-view mirror that was smashed off could be temporarily reattached with duct tape until the trip is over. A broken latch on a pick-up truck bed door could be solved with a bungee cord in the interim. You never know what’s going to happen on the road, but having these items and more in the trunk can prove to be worth their weight in gold.

Who to call: If you know that a jump-start isn’t going to solve the problem at hand, it’s time to make two phone calls. The first should be to a local tow truck company that can pick your disabled vehicle up and get it to the repair facility. That repair shop should then make a call to Cars Protection Plus and the number will be on your member ID card. The reason for the call is to determine if the shop is capable of the following: tear-down to the faulty part, diagnose the cause and extent of damage then rebuild if required. If these parameters are met, you’ll be on your way to having portions of the problem covered by the Cars Protection Plus coverage plan. 

Most Common Distractions While Driving

Distracted driving may be one of the most pressing issues of our time. Eating, fumbling with the radio and even gawking at things other than the road in front of us have always been issues for drivers. However, the most pressing threat to attentive driving is the cell phone. Cell phones have been in mainstream use for at least the past 10 years, but with each new innovation and tech offering we become more comfortable using them in the car instead of giving full attention to the road.

Texting is the most common form of distracted driving. Sending a few words or looking at a text may seem innocent, but many don’t realize what could happen until it is too late. Roads and highways are often filled with other drivers, wildlife and road hazards. Full attention should be given to the task of driving, because you never know what may be in your path.

You may not believe it until you see it yourself, but some drivers watch videos while they drive. This habit is as stupid as it is bold and if caught the driver may be placed under arrest for reckless endangerment.

Distracted driving can be as deadly as drunk driving, but many don’t give a second though to eating and drinking behind the wheel. Instead why not have a small snack before getting into your car and saving meals for times that you can sit and enjoy them. Often times these bad habits are combined with cell phone use making it all the more dangerous.

Luckily there are many hands free devices that will allow you to place a call or a text without taking your eyes off the road. Staying connected while behind the wheel is possible with a small investment in a Bluetooth device or properly equipped vehicle.  There are many distractions in life, but protecting yourself and the others around you is paramount. Trust CARS Protection Plus to protect your vehicle and give you the peace of mind you need to focus on the important things in life.

How will a Vehicle Service Contract Give Me Peace of Mind?

We live in uncertain times where many wonder if they are one crisis away from losing everything. Luckily there is a huge market of warranty and insurance products available that allow you to pay a small up front or monthly fee for financial protection against unexpected and costly problems. Most everyone knows that you should have health, home and life insurance. And, by law most if not all states require drivers to carry liability insurance. But, what about a policy to cover repairs should your vehicle break down?

It is a common misconception that once the factory warranty on your vehicle expires, you are on your own to pay for the cost of vehicle repairs. However it is simply not true. Vehicle Service Contracts or VSC’s are available to assist with the cost of repairs should your vehicle break down after the factory warranty has expired.  It’s great to have the peace of mind that comes from a vehicle service contract, but the contract is only as good as the provider from which it comes. Let CARS Protection Plus provide you with coverage that you can feel good about.

While your car insurance will be helpful in the event of an accident, vandalism or natural disaster, a VSC will assist in the event that your car breaks down. Adding a policy to cover your vehicle prior to mechanical failure makes good sense. Vehicles break down much more frequently than accidental damage occurs. Many service contracts also include the added benefits of roadside and rental assistance to compliment the assistance provided on the repair bill.

Adding an aftermarket warranty or service contract to your vehicle can provide assurance and certainty to your car buying experience. In fact many people say it gives them the confidence they need to take a chance on an older high mileage vehicle. And, if you are a parent helping pick out your kids first car, there’s no better peace of mind than knowing you won’t be shelling out for the full cost of vehicle repairs.

How to Avoid Car Buying Scams

Becoming familiar with the tactics of the few bad actors in the used car marketplace can make you more comfortable as you shop and negotiate a great deal on a new used vehicle. Most used car dealerships aren’t looking to rip you off. Most strive to match customers with a great vehicle to meet their needs and budget. After all, happy customers mean repeat business.

When shopping for a used vehicle, get to know your local inventory; compare available models at different lots in your area to determine a fair price. Knowing you have other options will give you the upper hand while negotiating a deal. Be ready to walk away from unreasonable situations. If the vehicle you came to see is nowhere to be found or the terms of the deal don’t suit your budget, make it known that you have other options.

If you plan to trade in a vehicle, know its value before you show up on the lot. Clean vehicles that do not need repairs will fetch a higher amount of credit towards your trade. Come prepared with your maintenance records and be ready to tell the dealer if you feel you could get more money for your trade at another lot. Making it known from the start that you have been looking around may get you a better deal without much effort.

Some dealerships offer a free Car Fax report. Take advantage of this whenever possible or consider purchasing one for yourself, even if it isn’t free. This report can help you check the mileage history of the vehicle to avoid Odometer Scams and ensure that regular maintenance has been performed.

Read everything before you sign on the line. Whether due to an honest mistake or unsavory practice make sure you understand the bill of sale and or finance agreement before you sign. Ask for a breakdown of the total amount you are being charged. There are add-ons such as vehicle service contracts and GAP coverage that can increase the total amount financed. These are good products to have as long as you make sure the pricing is fair.

There are few sales transactions as stressful as buying a used car or truck. Protect yourself from unexpected costly auto repair with Cars Protection Plus. We’ll provide the transparency you need to get a great deal on a vehicle service contract. We hope that these tips will help you avoid common automotive marketplace scams and pitfalls.

Find a Used Car You’ll Love: Guaranteed

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Purchasing a used car is likely one of the most exciting and expensive purchases you’ll ever make.  How often do you get to spend thousands of dollars on a single item?  Taking the time to carefully and measuredly decide which car or truck is right for you can make the difference between the best or worst decision of a lifetime. We have consulted our experts and came up with the following guide to finding the used car that’s perfect for you.

According to Edmunds.com certified pre-owned car sales are at an all-time high. The most important thing to consider before stepping foot on the used car lot is your budget.      In this market knowing your limitations before you shop is everything. By carefully looking at your finances you can pinpoint the monthly payment that is right for you. Experts at interest.com recommend using the 20/4/10 rule which says you should:

  • Make a down payment of at least 20%.
  • Finance a car for no more than four years.
  • And not let your total monthly vehicle expense exceed 10% of your gross income.

Once you have pinpointed your budget, determine the size of vehicle needed and which features are important to you. Make a list of vehicles fitting that description before setting out to do some research. In the digital age that we live in, it is easy to research vehicles if you know where to look. For safety guidelines check out Safercar.gov. The best information on gas mileage can be found at Fueleconomy.gov. And J.D. Power ratings are always a valuable source of vehicle insights and research.

Armed with a budget and specific vehicle in mind you are now prepared buy a vehicle from a reputable dealership. Make sure to allow ample time for visiting multiple dealerships to find the right used car or truck. Always ask for a test drive before making a final decision. Never buy a vehicle that has an illuminated warning light, performs strange during the test drive, or hasn’t been properly inspected.

Perhaps the most stressful part of the vehicle purchase is the final negotiation. Shopping in winter or towards the end of the sales quarter may make it easier to negotiate a good deal. However, the most valuable tool in your arsenal is preparation. Negotiate with a number in mind and be prepared to walk away if the dealership isn’t willing to come to an agreement on a reasonable price. Once you have come to an agreement and finalized the deal on the car you love, protect it and your wallet with a protection plan from CARS Protection Plus.