a car warranty is a financial protection offered by an insurance company to repair or replace your vehicle if it breaks down or becomes damaged due to mechanical failure. It typically covers parts and labor costs for the duration of the coverage period, usually ranging from 2 to 5 years.
- Typically includes repairs for major components such as engine, transmission, brakes, and electrical systems.
- Deductible may apply if you need to pay a portion of the repair costs yourself.
Car insurance, on the other hand, provides financial protection against financial loss due to an accident or injury. It can cover damages to your vehicle, as well as medical expenses and lost wages if you're unable to work.
- Typically includes liability coverage for damages to others' property and bodily injuries.
- May have additional features such as comprehensive and collision coverage for added protection.