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When you go searching for an extended warranty for your car, do you know everything you need to in order to find the best deal? An auto warranty broker does. Do you know what common pitfalls can catch a car owner by surprise? Do you know the meanings of every term in that long, complicated warranty form?
The answer to those questions is probably "no". After all, we only go shopping for a new auto warranty every few years or so. Why spend all that time, learning all the intricate ins and outs of the industry, to only use that knowledge every five years? And by the time it came time again to use the information, it would likely be out of date, and you'd have to learn it all over again.
That is where a broker comes in. A good broker is more than just a sales person. A broker will do the legwork for you, comparing quotes, gathering information, and narrowing your choices based on a plethora of information, including the make, model and year of your car, the problems that model usually faces as they age, and that sort of thing. They take all of that information, combined with their experience in the industry, and use it to find the extended warranties that would best suit your needs. At that point, they can go over the options with you, explaining the benefits of the different plans to you in a language you can understand. And instead of you having to negotiate a cost by yourself, a good agent will combine your requirements with other people, and negotiate with the warranty vendors for a better bulk rate than you could ever hope to find on your own.
When all is said and done, you will have saved yourself countless hours of research and fruitless inquiries, not to mention possibly hundreds of dollars in costs for your new extended warranty.
The most important thing about getting a broker is making sure you get an honest and fair person to do your hard work for you. You want someone who is going to get you the very best costs on the extended warranty that will fit you and your car. If you don't know someone already, ask your trusted friends and colleagues to recommend an auto warranty broker. If that doesn't work, you can find all sorts of information about local brokers online, including reviews. And if those aren't enough, don't be afraid to contact the auto warranty broker yourself, to ask a few questions or request some references.