Is it possible to get Car-Repair-Insurance on a vehicle with 250,000 miles?
Been looking for auto-repair insurance for my used car, and they all seem to top out at 200,000 miles. Is this normal or am I just not looking in the right places? Note: This is NOT normal liability/collision insurance. I am talking about repair insurance.
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October 7th, 2010 at 11:40 pm
You can’t really buy repair insurance on any car. All you can do is buy an “insurance policy”. Just ask the almost 1,000,000 people who bought a policy from USFidelis for as much as $4,000 and now have a piece of toilet paper. The bankruptcy really didn’t change things for most of their customers anyway because they refused to pay for most of the repairs they promised. There problem was always due to neglect or abuse by the customer and so it wasn’t covered by the “bumper to bumper” policy.
USFidelis was the largest of these extended warranty companies but there are hundreds of others who for the most part are nothing but scams.
October 8th, 2010 at 12:06 am
Unfortunately, it’s not possible to buy repair insurance for your car, even if it is as old you said. Though, you can get low rates for having insurance on an old vehicle.
But, you can always take it to the garage…
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