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Why Keep Your Vehicle Protection Plan Active Even When Money is Tight

BY: Endurance
Used cars in a parking lot

Many people were laid off or had their hours reduced in 2020 due to the COVID-19 pandemic. Quarantines were extended, and some professionals had no idea when they would be able to return to work. The future for many was very uncertain, and even now it’s difficult to know which financial decisions are best.

If you’ve purchased a vehicle service contract and are struggling financially, we can help. We want to do our best to keep our customers’ plans active, so you’re not stuck with a large repair bill.

Why Protecting Your Vehicle Matters

Protecting your vehicle is important. You use your vehicle to get to work and to pick up essential items for your family. When there isn’t a pandemic, it’s likely you use it even more.

For many, their car is an essential part of their livelihood. We understand that and think it’s wise to invest in protecting your vehicle for a variety of reasons, including:

  1. Not driving your car can create issues. The biggest misconception drivers have is that the less they drive, the fewer issues that can happen, but the complete opposite is true. When you don’t drive your car for a while, this can actually cause damage to several major parts, like the battery, alternator, and other essential components, such as your tires. If you’re planning on not driving for a while, then an extended warranty is especially essential during this time.
  2. Forgoing coverage puts you at risk. You purchased your extended warranty for peace of mind, and we totally understand that need. The last thing you want is to be stuck with a $3,000 car repair bill when money is tight already. Even in a normal economy, car repair bills can strike a huge financial blow. It may even be harder to recover from the blow if funds are already low or there are limited job opportunities.
  3. Breakdowns are costly. If your car is essential for your work, and you’re out of work, it could cost a lot to get you back on the road once you’re able to return. For critical industries like healthcare and law enforcement, a breakdown now might mean they’re unable to get to work at this crucial time.
  4. You will re-enter the waiting period. If you already have a vehicle service contract and decide to cancel, you will have to wait the entire waiting period again if you decide to resume coverage later. That’s a minimum of 30 days where your vehicle is unprotected. It’s best to keep your plan active if possible.

We know it can be difficult in today’s economy, so we’re committed to doing our best to help. If you need anything, please reach out.

Our Commitment to Customers

We’re committed to reducing the burden on drivers and keeping America on the road. If you’re a current customer who is facing financial hardship, contact us to learn about the relief available to keep your vehicle protection plan active during this time of uncertainty.

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