Protecting Your Powertrain

The powertrain on your automobile is everything. If it goes, then you are in serious trouble. Often, a new car comes with an extended powertrain warranty. Once that warranty ends, you need to consider adding auto component coverage on your car to protect you from powertrain failure.

Powertrain Parts

The powertrain contains the parts that make your car run. It contains all the engine's "internally lubricated parts," including pistons, bearings, the camshaft, oil pump, rocker arm shafts, and a number of other items. Your transmission is also part of the powertrain as well as the drive axle and gaskets. If any of these parts fail on your vehicle, you are looking at a repair bill that may be more than you can handle without insurance.

Repair Costs

If you do not have powertrain coverage and your motor blows up, you will pay between $1000 and $4000, depending the model of your car or truck  and on whether you buy a rebuilt part or a new one. Replacing a transmission can cost between $1800 and $3500. Blowing the head gasket means you are looking at $1200 to $1600 for  a repair. For many people, these costs are simply out of reach. However, if you purchase a powertrain service plan or insurance policy, you will be in much better financial shape. 

Plan Costs

Of course, plans vary depending on the model and age of your vehicle, but you can expect to pay around $350 to $700 annually. Although that may seem like a significant investment, it will be far easier to come up with that amount, possibly paid in installments, rather than several thousand dollars for a big repair. Also, some plans allow you to pick and choose coverage to make coverage more affordable for you. For many people, buying a new car is not an option, so keeping the old car running as long as possible is absolutely necessary. An extended warranty is one way to accomplish this goal. 

If you need your car to last longer than its original warranty, consider buying an extended warranty or component insurance policy. In particular, get coverage for your vehicle's powertrain. The powertrain contains the most vital parts of your car, parts that often cost thousands of dollars to fix or replace. If you cannot come up with that kind of money for emergency repairs, maintaining coverage on your engine, transmission, and gaskets is absolutely necessary for your peace of mind. For more information, contact companies like NWVA.