With more people purchasing cars, the automobile industry is flourishing at a fast rate. But, there are several factors that must be considered to before buying a new car. One of the most important among these is the warranty provided by the car by the company. A warranty fundamentally is an agreement between the company (seller) and the buyer of that car wherein the company promises to provide for all the expenses incurred if the car breaks down while still in the warranty period.

Different companies insure a car under different conditions. There are some companies which provide a “bumper to bumper” warranty which means that they will be providing coverage for all the depreciation of the car’s external components. Also, there is a “power train warranty” which assures the customer of assisting him in case of wear and tear of internal, mechanical parts of the car as well.

Furthermore, these warranties assist the customer to unlimited claims, protection against hidden expenditures and roadside assistance.

Thus, while purchasing a new car, it is always a wise decision to look into all the details of the companies offering car warranties and, hence choosing the one, which is best, suited to our requirements.