What is the cost of a motor vehicle Service Contract?
Usually, the price of the Service Contract is based on the vehicle’s make, model, year, condition (new or used), as well as the scope of coverage and length of contract (mileage and term) and whether there is a deductible. In addition to paying for repairs or replacement of most mechanical components, key benefits and features often include rental car reimbursement, towing, emergency road service, tire/wheel and road hazard, scheduled maintenance, dent and ding restore, excess wear and tear protection, and theft deterrent protection. Some of these benefits or features may not be available in all states or may be offered as a stand-alone Service Contract.