Anyone get extended warranty through insurance company? Geico says 7 year / 1000,000 miles for $30 a year for 7 years. That only $210! Too Good???
So I was getting my Insurance Binder set up today for the auto loan paperwork and Geico mentioned to me that I can purchase an Bumper to Bumper Extended Warranty through them of 7 years / 100,000 miles for $30 per year for either the 7 years or 100,000 miles (whichever comes first). I only drive about 8,000 miles a year, so going to definitely be the 7 years. So that's $210 for 7 years (really +2 years after FCA warranty). Does this sound too good to be true?? I saw people posting about buying extended warranties through FCA from a few dealers and they were $1,000 to $2,000+.
Does anyone have any experience with this?
How good is the coverage? FCA parts, dealers accept it?
Sounds way too good to be true, but is is Geico so they are reputable, and she said it is bumper to bumper.