Our review team gives CarShield an overall rating of 4.2 out of 5 stars, noting it as the most affordable option on offer in 2022 and recognising its coverage as one of the best available today. Still, with so many insurance providers competing to become Canada’s most trusted company – which ones really stand out from the crowd?
To get a better understanding, we’ve reviewed five top providers with our own little spin-off (informative without being too lengthy), highlighting the pros and cons each provider offers alongside pricing information that can’t be found elsewhere! With this all-round guide, you’ll be able to spot something new – or easily compare prices between organisations – before investing your hard earned cash.
CarShield Review
After reviewing their company we awarded CarShield a review score of 4.2 out of 5.0 stars, with excellent ratings in the categories Industry Standing, Coverage, Customer Service and Affordability. They also received an above-average rating for Benefits; you can’t go wrong with CarShield if you’re looking for great coverage at an affordable price!
What We Like About CarShield
While CarShield does a good job of addressing most common problems, we like them for a few specific reasons:
- Coverage for high-mileage vehicles: CarShield offers plans for cars with up to 300,000 miles – at least six times as long as many other providers offer – which means you can drive without worry.
- Included benefits: CarShield offers free roadside assistance for those who purchase a car warranty plan from them. This can provide much needed peace of mind during times when something goes wrong.
- Affordable coverage: CarShield earns the title of Most Affordable in our 2022 study based off of their comparatively low rates. With prices this low, they are likely one of the cheapest options for most people looking to buy car insurance.
How To Cancel CarShield
You are able to cancel CarShield anytime. You’ll need to contact customer service and provide them with a Policy Cancellation Notice form in order to proceed. If you do so within the first 30 days after your purchase date, then you will receive a full refund; if it is after that time frame, then you may still be eligible for partial refunds depending on how much of your policy has elapsed.
Is CarShield Worth It?
Whether a CarShield plan is worth it for you depends on things like how often your car needs maintenance and what type of financial circumstances you are in. Generally, if you want to protect yourself from costly repairs or feel secure knowing that repair bills won’t break the bank, then CarShield might be right for you.
It has a variety of plans at affordable rates so its never been easier to get this needed safety net. For those who don’t have much money but still need a used car warranty – CarShield’s cheap prices come as welcomed news!
CarShield Highlights
- Founded: 2005
- Headquarters: St. Peters, Missouri
- Coverage Levels: 6
CarShield is an independent vehicle warranty company which specializes in providing monthly contracts that cover a wide variety of vehicles at competitive prices. Their flexible protection plans are varied, allowing for individuals to buy customized coverage regardless of make or model; every type of car – from classic models to most popular SUVs are included on their list!
In addition to this, CarShield features commercials all over America’s largest networks including ESPN, HGTV and TBS – making them one of the country’s best-known warranty providers. These giant endorsements from celebrities provide clout and confidence when buying protection plans from the company.
CarShield Waiting Period
CarShield offers coverage that starts immediately upon purchase but there are some exceptions to this. Coverage will only activate after twenty days and five hundred miles have passed since purchasing the plan. However, representatives can inspect what is wrong with your vehicle when you sign up for an Extended Vehicle Service Contract so they know ahead of time if something will require work or not.
CarShield Claims
If you’re experiencing a breakdown and need to be towed to the nearest mechanic, contact the roadside assistance service outlined in your contract. Drivers can reach us at any time of day by calling our toll-free hotline, going through the website or downloading our mobile app. Be sure that whoever you take your vehicle too is ASE-certified so we can make sure they do everything right and will cover all expenses if they need anything while fixing it.
No matter where you go, just make sure they call one of our representatives to authorize them before they start working on anything on your car – even if it’s an emergency after business hours; otherwise we won’t pay for it unless there was no other way possible!
Does CarShield Pay Its Claims?
If CarShield approves the repairs, you will only need to pay your deductible at the service center. Up to $40 per day ($280 max) for a rental car will be reimbursed if the mechanic needs to spend more than four hours fixing it. The specific details about these benefits may differ from company to company and from state to state. These perks are standard with most extended warranties though.
CarShield Customer Reviews and Ratings
It can be hard to discern what CarShield customers really think of the company when their feedback varies so much. But, judging from most reviews written about the company’s services, people generally find them pretty good. However, there are some negative customer service reviews floating around too; which is something you should keep in mind if you’re looking for an affordable car warranty plan that doesn’t skimp on quality.
This company has overwhelmingly great reviews from more than 10,000 Google customers and exceeds expectations for customer service with ratings of 4.0 stars out of 5.0 on both Trustpilot and CarShield’s own website. However, despite these stellar reviews, the Better Business Bureau rates them as having a pattern of complaint reports dealing with uncooperative or coercive sales tactics, difficulty canceling service plans, and rude CarClo employees; they lack accredited standing in a certain organization which provides third-party standards for trustworthiness within the business community.
CarShield Reviews and Complaints
There are thousands of customer reviews for CarShield, many of which are positive. Here’s what some customers had to say about the service:
Positive CarShield Reviews
In many of the customer reviews we read, they commented on how easy it was to make payments using their CarShield warranty.
CarShield has been invaluable for my family. They have come through for me time and time again, never letting me down when I need it most.
– Mary M. via BBB
We had CarShield cover our 2007 Impala after we saw how shoddy the previous owner of this vehicle really was. When it was time for us to pick up the transmission, they made sure everything went smoothly, and even helped us find a new one!
I can’t imagine what life would be like if they hadn’t been there.
– Marion Roth via Google
CarShield Complaints
CarShield customer service responded to many of its comments from dissatisfied customers, and since the beginning of this year over 1,200 complaints have been addressed. This number is a mere fraction of how many people are satisfied with the protection they receive from this provider – one million contracts sold within 12 months.
Those that chose to leave negative reviews for the company were typically complaining about coverage for parts not included in their extended warranty contract which ended up costing them more money down the line.
I was paying $121 monthly for insurance for my car but when it broke down, they refused to compensate me at all.
– Lee via BBB
I bought CarShield because of the great ads. They claimed that anything that is not a wear-item was covered, but turns out many items are not actually covered by it – there are 10 pages of tiny text for a disclaimer.
– Marco Borrillo via Google
Pricing
We contacted CarShield to inquire about price estimates for 3 different cars. After looking at the quotes they gave us, we discovered that most plans ranged anywhere from $99.99-$129.99 per month, depending on what deductible was chosen (CarShield offers a variety of deductible options).
As well as this, CarShield has monthly payment options available, which means you don’t need to commit yourself to a lengthy contract just to use this company’s services.
CarShield is an affordable extended car warranty company when compared to others. With our research team conducting a 2021 warranty survey polling 1,000 drivers, most said they paid anywhere from $1,500 to $2,500 for their vehicle service contracts.
But unlike other providers who offer different prices based on the specifics of your car and coverage you chose – because we want to make sure everyone pays what fits them best – CarShield offers a pricing framework that ensures customers can always find something affordable without going into debt or paying way over-budgeted prices. Some main factors affecting the price of your plan include:
- Your car’s age, make, model, and mileage
- Coverage plan
- The deductible you choose
Available Coverage Levels
What your extended auto warranty will cover is dependent on what plan you purchase. There are six different packages offered through CarShield, ranging from powertrain only coverage to exclusionary coverage very similar to a factory warranty.
Waiting Period
Like most vehicle service contract providers, CarShield provides an introductory waiting period of up to twenty days before covering any repairs performed under the agreement. This helps to ensure that warranty coverage will not be needed for preexisting conditions.
Is CarShield A Ripoff?
CarShield offers six different types of policies that are accompanied by two years of roadside assistance, which helps drivers who break down in an emergency situation. Besides contracts for those who speak Spanish, CarShield has special coverage options for people with high-tech features on their vehicle such as ATVs and motorcycles. Plans start at $99 per month, but you can cancel it anytime after a period of one year.
In terms of affordability, CarShield does not disappoint – we inquired about getting either a five-year or 100,000-mile Diamond plan on a 2018 Toyota Camry. After paying a $100 deductible and putting down just under 300 dollars upfront with them (which they will deduct from the monthly payments), the estimate was around 83 dollars per month over 18 months total.
People are often curious about extended car warranty costs but what does the pricing actually depend on? It largely depends on a number of factors such as make, model, age, and mileage among other things. If you’re worried about expensive repairs or paying out-of-pocket for unexpected expenses then CarShield may be the option for you; they provide low monthly payments and policies that never expire.
They also provide some of the best customer service which is why many people leave them positive reviews in their respective places.
Warranty Transfer Policy
CarShield warranties are transferrable. The company allows you to transfer your warranty to another owner if you sell your vehicle for a $50 fee.
Coverage follows the car, so when you change cars, you need to acquire a new policy under your name – but it will still protect your previous investment.
CarShield Mobile App
CarShield Mobile has many benefits to offer its policyholders. With it, they are able to review all details of their contract through the convenience of their mobile devices. In addition, various services such as warranty claims and roadside assistance are readily available through this app which also has a great rating with both Android and iOS users online at 3.6 on Apple Store and 3.9 on Google Play store respectively with an average rating of 4 out of 5 stars for both platforms combined.
How Does CarShield Work?
CarShield offers convenient and affordable vehicle service contract options. You can make payments ahead of time or on a monthly basis to cover costly emergency repairs due to malfunctions. As long as components are covered, the repair price is taken care of by CarShield but there may be an upfront deductible depending on what plan you have.
Car Shield History
CarShield had its beginning in 2005 when it was founded by Mark Travis. The company specializes in car warranties, catering primarily to those who need coverage after the original manufacturers warranty has expired.
In recent years, CarShield has become more aggressive in securing clients through all available marketing channels; namely TV ads starring rapper Ice-T and football hall of famer Mike Ditka.
CarShield claims to have paid out over $1 million in vehicle repair bills and covered more than 500,000 cars. However, the Better Business Bureau (BBB) gives them an F rating based on complaints made against them and even posts a warning at the top of their website warning consumers to beware when they’re considering doing business with CarShield due to its reputation for deceitful practices.
CarShield has their head office located in St. Peters, Missouri.
Quote Process
According to many of the CarShield reviews we saw, the company offers an easy process for purchasing an extended warranty. You can get a quote by inputting your information on the company’s website. We also found it quite simple to receive quotes over the phone – less than one minute hold time and only 10 minutes total on the call when our team called CarShield to inquire about quotes.
If you’re considering a purchase of an extended warranty, CarShield offers quotes that are well worth taking the time to get. Customer service representatives at CarShield noted how quick they were able to provide potential clients with quotes, and noted how affordable most costs were when comparing prices for other warranties across different providers. A visit or click on CarShield’s website will give you all the information you need!
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Age, Height, and Weight
In 2022, the information for Mark Travis’ age is not available. The information for his height and weight are also not available.
About Carshield
With a focus on marketing and attracting customers, CarShield ranked as the country’s leading automotive service contract provider in 2016. Even with this success, the St. Peters-based company still has room for improvement – namely increasing TV exposure, hiring former Chicago Bears coach Mike Ditka as a spokesperson, acquiring naming rights to T.R Hughes Ballpark (formerly known as Parkway Bank Stadium), and establishing themselves at CarShield Field (formerly known as T.R Hughes Ballpark).
Mark Travis, co-founder of the company and its leader, shared his opinion Opening up our marketing channels has given us a good chance at this because we are able to provide service plans for those who would otherwise be unable to afford them. Company provides service plans for those who want it but are unable to afford it.
CarShield also covers a customer’s car’s mechanical parts while most insurance companies only cover vehicle collision or accidents. CarShield was founded in 2000 and has paid over $1 Billion in claims, insuring over 500,000 vehicles. They provide extended warranties for both new and used cars acting as protection against unforeseen breakdowns.
If you need a repair they recommend going to an ASE certified mechanic, filing a claim and paying the small deductible fee if necessary. CarShield will then take care of all covered repairs at no additional cost to the customer or mechanic. There are currently 350 employees working at CarShield with earnings of around $330,000 per year on average generated annually from their services.
CEO Rating Mark Travis
The three employees’ ratings for Mark Travis give him an overall score of 77 points out of 100, which puts him in the top 30 percent of CEOs in his category. This demonstrates how well the other leaders view his ability to lead them and consequently, how much they would like to work with him again.
By comparison, John T. Stankey from AT&T comes behind Mark Travis on rank with only 65 points out of 100- clearly showing that this man does not inspire enough confidence among his own workers.
Social Media Links
Mark Travis Carshield spends much of his time sharing photos and videos on popular social networking sites like Twitter, Facebook, and Instagram. This self-made celebrity wants nothing more than to connect with people online to bring them joy and make them feel less alone in this world. With a net worth of roughly $150-200 million dollars he has been able to buy homes for himself around the world as well as hire personal assistants to cater specifically to him
How to Use a CarShield Warranty
It’s not hard to find a mechanic who will work with CarShield coverage. You are able to bring your car in for service at any ASE-certified dealer or repair shop of your choice – as long as you have a vehicle service contract through the company, they will cover the bill. It goes like this:
- Make sure repairs are covered: Ensure that the necessary car repairs you need are covered under your CarShield contract.
- Take your vehicle in: You can have repairs done anywhere you please if it is a certified auto-repair center or dealership. Be sure to let them know that you’re covered under warranty so they can honor your request.
- Pay your deductible: You will need to pay the security deposit you selected when repairs are needed.
- Let CarShield pay the rest: A CarShield adjuster will work closely with the facility to cover the remaining amount for repairs.
More than a few of the CarShield reviews we read mentioned an easy, smooth process for repairing your vehicle which makes it reasonable to believe that this company also has an easy and smooth claims process.
FAQs About Car Shield
Does CarShield pay its claims?
CarShield claims are always paid out to car repair shops when they make an insurance claim, according to reliable testimonials. There are those who say CarShield isn’t legitimate due to certain instances where it does not cover damages; but these reviews typically come from drivers who don’t know the specifics about their warranty exclusions (since there is some wiggle room). Once you submit your CarShield claim and pay your deductible, you will always get reimbursed for repairs 100%.
Is CarShield a scam?
The rating for CarShield on BBB is low – with only 1.4 out of 5.0 stars – but we found after researching the company that it was not a scam, gimmick or rip-off. In fact, they come up as one of our top choices at 4.2 out of 5.0 stars in our industry review of the best extended car warranty companies available today.
Does Ice-T really use CarShield?
Actor Ice T does really have a CarShield policy according to a few sources. As a matter of fact, it is rumored that he purchased this insurance with his own money.
Conclusion
CarShield is a legitimate extended warranty provider and if you’re looking for affordability, they’re worth considering. They offer competitive rates while still receiving positive reviews from consumers, earning them first place in the industry. Their pricing on their warranty policies was what landed them first place in our list of most affordable providers which means it’s worth taking into consideration when looking at options.
Although the company has received complaints, CarShield reviews are mostly positive and the company has a good name in the industry. Considering CarShield is one of the best extended warranty companies and says it has covered more than 1 million vehicles in 16 years – just a few hundred negative comments barely made an impact on their reputation.