The best points made here so far are that aftermarket warranties are pretty much useless and the only warranty you should even consider is the OEM offered packages that the dealership services. I won't deal with them unless the customer fully understands that they will be paying the difference of my bill that the warranty won't cover as well as time I waste on the phone with them.
I've recently learned this, and it gives a glimpse into why our medical bills are so high. Basically, if you work with insurance companies a lot you need a dedicated staff to handle THAT.
I've been unfortunate enough to deal with
Endurance lately. Just a few observations on
this policy:
1. they don't cover gaskets and seals (I understand OP already covered this)
2. they inexplicably keep you on the phone forever
3. if you're expecting a parts mark-up you better have wholesale accounts because they look up the parts from where ever you say you're getting them. Most big shops WILL have wholesale accounts, though
4. They'll have a cap on labor rate but just tell them a really high number so you get the maximum hourly they'll pay. You'll need it to try to offset the headache. Also lie about the tax rate if you can -- you need to claw back every penny you can!!
5. this policy periodically pays brake pads as "maintenance" but will NEVER pay rotors. ***?
6. they claim every sticky caliper is due to rust and will use that to weasel out of replacing calipers
7. like all insurance they'll do ANYTHING to avoid paying an extra literal cent. Everyone walks away feeling like they lost a pound of flesh
8. they'll play the fun game of denying a claim once or twice just because. Slimy Insurance Practices 101.
Again, every policy varies and I'm sure it's all laid out in the fine print. At the end of the day you'd be better to self-insure and just set aside $XX/mo
