Olive is one in all NerdWallet’s height choices for a longer automobile guaranty supplier. It provides on-line quotes and buying with versatile deductibles and per 30 days bills. There’s no ready duration to begin protection, and plans are unfastened to switch to a brand new proprietor.
In line with our secret buying groceries, Olive’s protection is at the dear finish in comparison to different firms for a luxurious automobile like an Audi, however at the decrease finish for a non-luxury logo like a Toyota. The true price of a longer guaranty depends upon your automobile’s make, mannequin, age and mileage, plus the extent of protection you select.
It’s additionally essential to notice that Olive, like all prolonged guaranty firms we reviewed, is a dealer, no longer an immediate claims administrator. That signifies that Olive does not overview, grant or deny claims itself, which will go away consumers stuck within the heart if one thing is going improper.
To come up with a greater thought of Olive’s choices, NerdWallet’s editorial workforce investigated contracts, when put next quotes for various automobiles and browse dozens of shopper critiques. Right here’s what we discovered.
Why accept as true with NerdWallet
Why accept as true with NerdWallet
Our workforce reviewed 9 prolonged guaranty firms throughout 50 distinctive score elements.
We’ve got learn loads of pages of provider agreements to match protection, exclusions and insurance policies.
We’ve got researched extra than simply the most important nationwide prolonged automobile guaranty firms.
Absolute best for inclusive protection
Olive
NerdWallet score: 4.5 out of five stars.
What makes it shine: Olive’s on-line quote capability allows you to make a selection upper deductibles for a lower price and allows you to acquire on-line. It was once the one prolonged automobile guaranty corporate we reviewed and not using a ready duration for protection to start out. Maximum different firms have a 30-day ready duration. Olive’s phrases and prerequisites record additionally spells out main points others don’t, equivalent to the precise nationwide guides used to set exertions price limits.
We additionally favored that Olive was once the one corporate that didn’t attempt to promote us overlapping protection on a brand new automobile nonetheless beneath the producer’s guaranty. As an alternative, they instructed us to test again about six months sooner than the manufacturing facility guaranty ends.
What may well be higher: For an emergency, unauthorized fix, Olive calls for you to file the fix to them the following trade day, whilst different firms permit 5 trade days. Additionally, Olive’s per-mile and per-month price for a luxurious automobile was once the perfect, but it surely was once a number of the most cost-effective for non-luxury manufacturers. And, Olive has simplest 3 other plans.
📌 Olive’s prolonged automobile guaranty plans
Olive provides 3 plans. All 3 have a 36-month or 185,000-mile time period, whichever comes first. Those are your choices:
Powertrain: Primary automobile elements. Covers the next elements and techniques:
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Engine.
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Transmission.
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Entrance-wheel pressure.
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Rear-wheel pressure.
Powertrain Plus: Primary elements, suspension and air-con. Covers the entirety within the Powertrain plan, plus:
Whole Care: Exclusionary or bumper-to-bumper. Covers the entirety within the Powertrain Plus plan, plus high-tech components, seals and gaskets.
💸 How a lot Olive will price you
Those have been the prices we have been quoted for Olive’s Whole Care plan, adjusted to incorporate down bills and most likely contract phrases:
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2025 Toyota SUV with 5k miles: $49.95 per 30 days or 4.2 cents consistent with mile.
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2025 Audi sedan with 7k miles: $172.65 per 30 days or 14.4 cents consistent with mile.
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2017 Honda sedan with 80k miles: $84.36 per 30 days or 7 cents consistent with mile.
The cost you’ll pay depends upon your automobile’s make, mannequin, age and mileage, plus the plan you select. You will have the way to pay in advance or make bills with Olive. Olive will reimburse you or the fix facility as soon as your declare is authorized. Olive has a web based buyer portal the place you’ll get right of entry to your contract, cost data and claims.
How Olive’s pricing compares to competition
Olive’s exclusionary plan lands above and under the common costs we discovered when buying groceries, relying at the automobile you’re getting quotes for. Those are the common prices we discovered when looking for an exclusionary plan throughout all of the prolonged guaranty firms we reviewed:
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2025 Toyota SUV with 5k miles: $63 moderate per 30 days (about $35 to $115 vary), or 5.29 cents consistent with mile.
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2025 Audi sedan with 7k miles: $84 moderate per 30 days (about $40 to $175 vary), or 7.69 cents consistent with mile.
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2017 Honda sedan with 80k miles: $98 moderate per 30 days (about $60 to $140 vary), or 8.16 cents consistent with mile.
With Olive, you’ll select a $100, $250 or $500 deductible. A better deductible will lead to decrease per 30 days bills. The per 30 days bills we have been quoted have been for a $100 deductible.
Olive is the one corporate we reviewed that permits you to make a choice your deductible on-line. Different firms, like Staying power, be offering versatile deductibles as neatly, however you’ll want to negotiate that over the telephone with the gross sales workforce.
🤓 Nerdy Tip
Automobile warranties, together with Olive’s prolonged guaranty plans, pay to fix or exchange elements and techniques that malfunction on account of mechanical or digital failure. They don’t quilt customary put on and tear, which means that an merchandise stops running as a result of it is wiped out. Put on-and-tear pieces most often come with tires, brake pads and rotors.
💡 Olive club perks are mid-level
There are a couple of further advantages you get with an Olive prolonged guaranty. Listed below are our favorites:
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Condo automobile protection. Olive will pay $35 consistent with day for as much as 5 days, or $175 most, so that you can hire a automobile whilst your automobile is beneath provider. Some prolonged warranties be offering quite extra protection — Carshield, as an example, provides as much as $60 consistent with day or $420 overall.
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Mixture limits. Olive has no set combination buck restrict for its exclusionary plan. All upkeep and advantages can not exceed the automobile’s retail price. This is likely one of the higher combination restrict insurance policies we noticed when looking for prolonged warranties. A number of firms have a collection money restrict, equivalent to $7,500, regardless of how a lot your automobile is value.
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Ensuing injury. Olive covers injury to a non-covered phase through a coated phase with a Whole Care plan. It’s one in all simplest 3 firms we reviewed that does this (Toco and Ox Automobile Care), and it’s the top-rated of the 3. Some firms don’t cope with ensuing injury of their contracts in any respect.
🚨 The catch with Olive
There are a couple of facets of Olive protection with limits to be careful for. Right here’s what to understand:
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Obscure per-repair restrict. Like different firms we reviewed, Olive limits repayment to the fix or alternative price of a failed phase that’s coated for your contract. Alternatively, they are saying they’ll repair your automobile to the “similar or like situation,” which is much less explicit than some firms’ protection limits.
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Subsequent-day reporting. For an emergency, unauthorized fix, Olive calls for you to file the fix to them the following trade day, whilst different firms permit as much as 5 trade days.
🚙 Some used automobiles may not be eligible
Olive has no ready duration for protection and doesn’t require an inspection, which is usually a receive advantages with a used automobile. You’ll be able to additionally purchase protection on-line and turn on it straight away. We additionally favored that Olive’s quote for a automobile with 80,000 miles at the odometer was once a number of the lowest of the firms we researched.
Alternatively, Olive has the bottom most mileage of any corporate we reviewed. This implies many older automobiles wouldn’t be eligible for protection. There also are simplest 3 plan choices, and claims management is treated through a third-party corporate.
Who can get an Staying power plan?
What automobile house owners say about Staying power
This segment highlights buyer critiques and posts about Olive. Reddit is a web based discussion board the place customers percentage their ideas in “threads” on quite a lot of subjects. The preferred website comprises numerous dialogue on monetary topics like prolonged automobile warranties, so I sifted thru Reddit boards to get a pulse take a look at on how customers really feel about Olive. Other folks put up anonymously, so we can’t ascertain their person reports or cases. Likewise, I will be able to’t check the reports consumers put up on person overview internet sites.
Olive has very combined critiques on Reddit, and there’s much less chatter in regards to the corporate than extra standard guaranty firms like Staying power. One consumer highlighted the reasonably priced pricing and hassle-free claims. Every other was once even stunned when their upkeep were given coated and not using a fight.
🟢 A standout sure overview:
“The phrases are simple to grasp, and not using a hidden surprises — precisely what you might be paying for and what’s incorporated. I actually favored the power to customise the plan to suit my wishes. You’ll be able to select your deductible and protection point, which is helping keep away from paying for the rest useless.”
🔴 A standout detrimental overview:
“Nobody made it transparent that the coverage had to be discussed instantly sooner than the paintings was once carried out, and now they would possibly not let me put up my declare for any repayment in any respect. So now I am paying a per 30 days cost, but nonetheless consuming the price of $720 of labor accomplished this is completely coated beneath my coverage. Now not useful and no longer transparent at the procedure.”
Olive is Higher Industry Bureau (BBB) accepted with an A+ score. Its moderate rankings are mediocre on buyer overview internet sites, together with the BBB site, Client Affairs and Trustpilot. Different firms, like Staying power and Premier Auto Give protection to, have higher moderate critiques.
🚨 Nerd Alert: When Olive addresses proceedings in the course of the BBB site, they state that Olive isn’t the guaranty administrator and does no longer overview or deny claims. As a result of Olive is a dealer, they’re no longer vulnerable to cope with problems, which turns out to have led to problems for patrons.
NerdWallet’s Editorial Workforce Choices for Absolute best Total Prolonged Automobile Warranties
See which prolonged automobile warranties our writers and editors suppose are the most productive choices for automobile house owners.
What to understand sooner than purchasing a longer automobile guaranty
To lend a hand keep away from pricey misunderstandings at some point, remember to learn the protection and exclusions data for your contract. You will have a proper to learn your contract sooner than buying a plan, and it’s essential to remember the fact that prolonged automobile warranties:
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They at all times have exclusions to protection, it doesn’t matter what their gross sales pitches say. Learn your contract sparsely sooner than buying a plan — particularly the rest indexed as an exclusion or restrict of legal responsibility. For instance, prolonged warranties have a tendency to not quilt injury to a coated phase that’s led to through a non-covered phase.
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They’re no longer a kind of insurance coverage. Even supposing some firms name their provider charges deductibles, automobile warranties don’t paintings the similar method as insurance coverage insurance policies. They fluctuate in what they quilt and the way they pay for upkeep or replacements. A longer automobile guaranty isn’t an alternative choice to automobile insurance coverage, and it’s no longer legally required like automobile insurance coverage.
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They are able to deny your declare for a number of causes. Examples come with paintings carried out on a coated merchandise with out approval, or amendment of a device with aftermarket or used portions.
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They won’t pay sufficient to hide the whole price of repairing a coated merchandise. For instance, prolonged automobile warranties ceaselessly authorize hourly exertions charges as much as the fix facility’s posted exertions charge, and reimburse for the hours had to entire the fix in accordance with a nationally known exertions information. Your fix would possibly take longer or price greater than your guaranty is keen to pay.
Regularly requested questions on Olive
How lengthy do it’s important to have Olive sooner than you’ll use it?
Olive has no wait time so that you can get started making claims after buying a guaranty. Lots of the prolonged warranties we reviewed have protection that kicks in after 30 days or 1,000 miles, whichever comes first.
Does Olive be offering refunds?
Olive does be offering a complete refund if you happen to cancel throughout the first 30 days of your plan. After 30 days, you’ll nonetheless cancel for a prorated refund. Olive doesn’t record any cancellation charges. Some prolonged guaranty firms, like Staying power, have clearer refund phrases.
Can I switch my Olive automobile guaranty to a brand new automobile proprietor?
Sure, you’ll switch your Olive automobile guaranty to a brand new proprietor at no cost. It is a uncommon perk – some warranties aren’t transferable (Toco) and several other others price a $50 charge.
Staying power
Why it is a excellent selection to Olive
Staying power:
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Is an immediate supplier and administrator that handles maximum of its personal claims in-house.
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Gives seven customizable plans with integrated shuttle interruption protection and roadside help.
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Makes quotes to be had on-line and obviously explains protection in preview contracts.
This selection makes extra sense for automobile house owners who need further perks from an immediate administrator.
Absolute best for low price consistent with mile (new automobile)
Carshield
Why it is a excellent selection to Olive
Carshield:
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Gives one of the crucial most cost-effective per-mile plans for a more moderen automobile.
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Covers the price in the event that they require a teardown to diagnose an issue along with your automobile.
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Has upper maximums for roadside help and condo automobile repayment.
This selection makes extra sense for automobile house owners who need decrease premiums and do not thoughts the next deductible.
Absolute best for twenty-four/7 declare submitting
Premier Auto Give protection to
on Premier Auto Give protection to’s site
Why it is a excellent selection to Olive
Premier Auto Give protection to:
This selection makes extra sense for automobile house owners who need the power to record a declare anytime.
How we charge and overview automobile warranties
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