To figure out if a vehicle service contract is right for your fleet, the Nolo Network (www.nolo.com), a library of consumer- and business-friendly legal information, suggests carefully considering the following:
- Does it duplicate warranty coverage?
- How much does it cost and how long does it last?
- Is there a deductible, and if so, how much is it?
- What repairs and services does it cover?
- What company backs the contract?
- Who will perform the repairs?
- Does your lender require a service contract?
