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Future-Proofing Your EV: How Endurance Warranty Can Protect Tomorrow’s Electric Vehicles

BY: Larry Witherspoon Jr.
A woman charging her electric car at home

The EV market is set to take off as automakers push the boundaries of innovation to develop faster and smarter vehicles that emphasize sustainability. As this technology continues to evolve, the challenges associated with maintaining and repairing these high-tech machines will also continue to evolve. For electric car owners who are looking to safeguard their investment and have peace of mind on the road, an extended warranty or auto protection plan will be essential.

Endurance Warranty offers comprehensive coverage that can be tailored to the unique needs of certain EVs, unlike a manufacturer warranty, thereby helping you to future-proof your vehicles against costly repairs and unexpected breakdowns on the road. Learn everything you need to know to keep your EV protected.

A Look at the Future of Electric Vehicles

As alluded to, the modern years have seen many changes in EVs on the market, but there are a few changes still to come on the horizon. The most notable of these exciting upcoming innovations include:

  • Next-Generation Batteries: The first and perhaps most exciting innovation is the heavy investment into solid-state batteries that is occurring, which promise a greater energy density that will allow for faster charging times and longer lifespans as compared to traditional lithium-ion batteries.
  • Increased Driving Range: With every new car released onto the road, EV companies are achieving longer driving ranges through advances in battery efficiency, as previously mentioned, as well as through energy management systems. This has allowed some EVs, such as the Lucid Air, to travel further than 400 miles on a full charge.
  • Autonomous and AI-Driven Features: Many EV manufacturers are also investing heavily in self-driving capabilities for their vehicles and AI-powered driver assistance systems. Tesla and GM are two leaders in this space with their full self-driving and supercruise options, respectively, serving as prime examples of how artificial intelligence is becoming a standard part of EV technology.
  • Wireless Charging and Bidirectional Charging: Even newer innovations, such as wireless charging pads and bidirectional charging, are allowing EVs to supply power back to their homes and the grid, which changes how everyone thinks about energy consumption.

On top of all of the above, sustainability initiatives are at the forefront of many companies’ minds. EVs are being developed with sustainable and recycled materials which allows for a reduced carbon footprint. Advancements in battery recycling programs have also made EV ownership even more environmentally friendly.

Common Challenges with EV Maintenance and Repairs

While EVs generally have a solid reputation in the auto market, they aren’t without their issues. There may be fewer moving parts in an EV than in a traditional gas-powered car, but the parts that are included have their own unique maintenance and repair requirements. Some of the common challenges with these parts include:

  1. The batteries in EVs tend to lose their ability to hold a charge over time, with this battery capacity issue leading to decreased range and efficiency in an automotive
  2. Charging ports, cables, and on-board chargers can experience wear and tear that leads to overall charging failures for the electric car batteries.
  3. EVs rely heavily on software for everything from battery management to self-driving features, but software glitches or failed updates can cause performance issues.
  4. EVs operate on high-voltage systems, which are complex and require specialized knowledge to repair, meaning issues with the electric motor, power inverter, or thermal management system, for example, can be expensive to fix.
  5. Unlike traditional vehicles, not every mechanic can take care of repairs on an EV, which means you may need to go out of your way to find a shop that can handle the issues your vehicle is having.

To add some further perspective and impact to the issues above, replacing an EV battery without a warranty can cost anywhere from $5,000 to $20,000, depending on your car. This tends to be the most expensive of all EV issues to fix, but other problems can still run your wallet for a couple thousand, which is why considering an electric vehicle warranty, also called an extended warranty or vehicle service contract, can be a smart choice, as warranty coverage may take care of these repair costs.

Considering an Electric Vehicle Extended Warranty

An extended warranty contract or vehicle protection plan is undoubtedly one of the best ways to safeguard an EV against costly repairs. Unlike traditional car warranty plans, though, you need to seek out comprehensive coverage that offers protection for specialized EV components, such as that offered by Endurance.

For standard hybrid parts, you can rest easy knowing you’re covered by Endurance, such as through the Superior or Supreme plans, which also have select high-tech coverage offerings. On top of this, you can enjoy electric motor and powertrain coverage, including battery management systems, which play a crucial role in the functions of your vehicle. Rollouts of advanced technology coverage, including regenerative braking systems and onboard computers, are also constantly being added.

Endurance Hybrid and Electric Vehicle Coverage

Endurance Warranty offers hybrid coverage standard through the Advantage plan with few exclusions. The following components are covered:

  • Electric drive motor
  • Power controller
  • Inverter assembly
  • Generator(s)
  • Electronic air conditioning compressor
  • Electronic power steering pump

Batteries and HEV battery packs are excluded. We also offer a hybrid vehicle add-on for the Secure Plus and Superior plans where the same component coverage from above applies. Please note that Endurance does not provide coverage for all EV car brands, only Tesla models, but this does include EV battery coverage.

Additional Benefits of Endurance Plans for EV Owners

Beyond the coverage outlined above, all Endurance plans come with standard benefits, such as 24/7 roadside assistance for emergency towing, fuel delivery, and lockout services. These benefits also include rental car reimbursement, trip interruption coverage, and exclusive use of the Endurance app to keep you in touch with your plan provider.

As if these perks weren’t beneficial enough, Endurance plans also come with a year of Elite Benefits, which offers up to $1,000 in total loss protection, up to $500 in collision coverage, reimbursements for up to four tire repairs or replacements, and more.* Enjoy $2,000 worth of benefits when you sign up for an Endurance plan that can keep you protected at all times on the road.

Protect Your Vehicle with the Help of Endurance

The future of transportation is undoubtedly electric, but with new EV innovations come both new maintenance and repair challenges. By investing in an extended warranty or vehicle service contract from Endurance, though, you can protect your cutting-edge hybrid EV or Tesla from costly breakdowns and unexpected issues. With varying coverage for EV components, roadside assistance, and access to specialized repair shops or dealerships that you trust, driving will be a breeze.

To learn more about our various plans, contact an Endurance plan advisor at (800) 253-8203 or request a FREE quote online. You can also simply shop our eStore to see your plan recommendations and pricing now.

Visit our blog for more information on what Endurance Warranty covers, answers to your FAQs, and other warranty provider comparisons.

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