Many car buyers eagerly purchase extended warranties on vehicles thinking this will offer them a form of auto insurance in the event that the vehicle requires maintenance during the period of the contract. Most automobile manufacturers offer a basic warranty on vehicles, and these basic warranties are typically offered free of charge to the buyer for the purpose of covering basic repairs during the period of coverage. However, buyers often have the option to pay a fee for extended warranties, and in exchange for these fees some repairs are covered during the contract period which will usually exceed the coverage of the factory warranty. The caveat to extended warranties is they do not cover all repairs. Unlike most types of auto insurance which will cover the replacement or repair of the vehicle and parts in the event of an accident, there may be a number of limitations on the parts which will be repaired under extended warranties when the vehicle experiences damage during normal operation. For this reason it is very important for car buyers to carefully examine the terms of extended warranties before making the decision to purchase this type of warranty. The driver should be sure the warranty does not exclude parts which are likely to fail over time.Another fact to consider when making the decision to purchase extended warranties on vehicles is whether or not the coverage will overlap with the factory coverage. In most cases manufacturers’ warranties and extended warranties will begin at the same time. This means the buyer begins paying for the extended warranty plan immediately even though the vehicle is still covered under the factory warranty.Whether or not you have an extended warranty, you still need auto insurance. Get multiple free quotes here at AutoCarInsurance.org. Simply enter your zip code in the box above to begin.