Feature | Car Insurance | Manufacturer Warranty | Extended Warranty |
---|---|---|---|
Purpose | Protects you financially in the event of an accident or other covered event. | Covers repairs or replacements of defective parts or components for a certain period or mileage. | Extends the coverage of your manufacturer warranty beyond the original term. |
Coverage | Liability, collision, comprehensive, and other optional coverages. | Powertrain and basic coverage. | Powertrain, basic coverage, and other optional coverages. |
Cost | Varies depending on the type of coverage and your driving history. | Typically included in the purchase price of a new car. | Additional cost beyond the purchase price of the car. |
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