GITNUXREPORT 2026

Auto Warranty Industry Statistics

The auto warranty industry grew significantly last year amid higher vehicle prices.

Alexander Schmidt

Research Analyst specializing in technology and digital transformation trends.

First published: Feb 13, 2026

Our Commitment to Accuracy

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Statistic 1

75% of powertrain coverage plans nationwide in 2023 were bumper-to-bumper options.

Statistic 2

Average powertrain warranty duration: 100,000 miles or 7 years in 2023 contracts.

Statistic 3

Exclusionary warranties covered 92% of vehicle components vs. 65% named perils.

Statistic 4

High-tech coverage for ADAS systems added to 45% of new plans in 2023.

Statistic 5

Battery warranties for EVs averaged 8 years/100,000 miles in 2023.

Statistic 6

68% of claims were for engine/transmission repairs, totaling $1.1B payouts.

Statistic 7

Electrical system claims rose 22% due to infotainment failures in 2023.

Statistic 8

Average claim payout per repair: $2,850 in U.S. 2023 data.

Statistic 9

Pre-existing condition denials affected 8% of claims filed in 2023.

Statistic 10

Mobile repair coverage included in 55% of premium-tier plans 2023.

Statistic 11

Rental car reimbursement avg. $45/day, max 30 days per 2023 policies.

Statistic 12

Hybrid battery replacement claims averaged $12,500 payout in 2023.

Statistic 13

Nationwide, 92% claims approved within 48 hours if pre-approved.

Statistic 14

Turbocharger failures led suspension/steering claims at 15% share.

Statistic 15

Coverage deductibles ranged $0-$250, avg. $100 in 2023 plans.

Statistic 16

34% of comprehensive plans included roadside assistance unlimited.

Statistic 17

Infotainment screen replacements: avg. claim $1,200, up 18% YoY.

Statistic 18

Transferable warranties retained 85% value on vehicle sale in 2023.

Statistic 19

AC system claims: 12% of total, avg. payout $950 in 2023.

Statistic 20

OBD-II diagnostic coverage mandatory in 78% plans post-2023.

Statistic 21

Total loss protection added to 22% warranties, payout avg. $5k.

Statistic 22

Wear-and-tear coverage excluded in only 15% basic plans 2023.

Statistic 23

Navigation system claims surged 30% with map updates failing.

Statistic 24

88% policies covered corrosion/perforation up to 7 years.

Statistic 25

Trip interruption benefit: avg. $150/day hotel in top plans.

Statistic 26

Sensor failures in ADAS: 9% claim share, $800 avg. fix.

Statistic 27

Emission control components covered 95% in federal-compliant plans.

Statistic 28

Factory OEM warranties averaged 3yr/36k miles basic, 5yr/60k powertrain in 2023.

Statistic 29

Aftermarket plans extended to 200k miles in 40% elite tiers.

Statistic 30

Brake coverage beyond pads/rotors in 62% mid-tier plans.

Statistic 31

42% of U.S. car buyers aged 35-54 purchased extended warranties in 2023 surveys.

Statistic 32

Satisfaction rate with auto warranties dropped to 67% in 2023 from 72% in 2021.

Statistic 33

31% of warranty buyers never filed a claim, citing no major repairs needed.

Statistic 34

Women purchased 38% of extended auto warranties in 2023, up from 32% in 2019.

Statistic 35

Urban consumers bought warranties at 2.1x rate of rural buyers in 2023 data.

Statistic 36

55% of millennials (25-40) opted for warranties on used cars per 2023 polls.

Statistic 37

Average age of warranty purchaser: 47 years in 2023 U.S. market analysis.

Statistic 38

28% regret buying extended warranty, mainly due to high costs vs. benefits.

Statistic 39

Hispanic buyers represented 19% of warranty sales in 2023, growing fastest demographic.

Statistic 40

62% of buyers financed warranties into car loans, averaging $45/month extra.

Statistic 41

EV owners purchased warranties 15% less than ICE vehicle owners in 2023.

Statistic 42

Repeat buyers (prior warranty holders) comprised 41% of 2023 sales.

Statistic 43

73% of warranty decisions made at dealership, 19% online in 2023.

Statistic 44

Income bracket $75k-$150k bought 52% of all warranties in 2023.

Statistic 45

39% of buyers cited peace of mind as primary reason in 2023 surveys.

Statistic 46

Denial of claims led to 22% negative reviews on warranty satisfaction in 2023.

Statistic 47

College-educated buyers 1.4x more likely to purchase warranties per 2023 data.

Statistic 48

51% of fleet managers bought warranties for company cars in 2023.

Statistic 49

Warranty purchase rate for leases: 12%, vs. 34% for purchases in 2023.

Statistic 50

Baby boomers (55+) held 29% market share of warranty buyers in 2023.

Statistic 51

Online research influenced 68% of warranty purchases in 2023.

Statistic 52

45% of buyers under 30 skipped warranties due to cost concerns.

Statistic 53

Satisfaction highest (81%) among Toyota warranty buyers in 2023.

Statistic 54

26% filed claims within first year of warranty purchase in 2023.

Statistic 55

Multi-vehicle household owners bought 1.8x more warranties per capita.

Statistic 56

67% of Porsche owners extended warranties beyond factory in 2023.

Statistic 57

Low-mileage drivers (<10k/year) purchased warranties 20% less often.

Statistic 58

34% of 2023 buyers compared 3+ providers before deciding.

Statistic 59

Top complaint: Poor customer service in 41% of 2023 reviews.

Statistic 60

Endurance Warranty topped consumer ratings with 4.6/5 in 2023.

Statistic 61

CarShield held 18% consumer market preference in 2023 polls.

Statistic 62

The U.S. extended auto warranty market size reached $3.2 billion in revenue in 2023, marking a 5.2% year-over-year growth driven by rising vehicle prices.

Statistic 63

Globally, the automotive warranty and service contract industry was valued at $45.6 billion in 2022, projected to grow to $68.9 billion by 2030 at a CAGR of 5.3%.

Statistic 64

Vehicle service contracts (VSCs) accounted for 72% of the total auto aftermarket warranty sales in North America in 2023.

Statistic 65

The aftermarket auto warranty segment grew by 7.8% in 2023, outpacing OEM warranties due to increased used car sales.

Statistic 66

U.S. auto warranty direct written premiums increased from $2.9 billion in 2021 to $3.4 billion in 2023.

Statistic 67

Extended warranty penetration rate in the U.S. new car market stood at 28% in 2023, up from 24% in 2020.

Statistic 68

The European auto warranty market is expected to expand at 4.1% CAGR from 2024-2028, reaching €12.5 billion.

Statistic 69

In Asia-Pacific, auto service contracts market grew 6.5% in 2023, fueled by EV adoption and warranty extensions.

Statistic 70

U.S. third-party warranty providers captured 41% market share in 2023, versus 59% for manufacturer-backed plans.

Statistic 71

Total U.S. auto warranty claims payouts reached $1.8 billion in 2022, representing 52% of premiums collected.

Statistic 72

The market for F&I (Finance & Insurance) products including warranties generated $45 billion industry-wide in U.S. dealerships in 2023.

Statistic 73

OEM extended warranties declined 2.1% in sales volume in 2023 amid supply chain recoveries.

Statistic 74

Digital sales of auto warranties surged 15% in 2023, comprising 22% of total policies sold.

Statistic 75

U.S. luxury vehicle warranty market segment grew 8.9% to $850 million in 2023.

Statistic 76

Post-pandemic, warranty renewals increased by 12% annually from 2021-2023.

Statistic 77

Global EV warranty market projected at $10.2 billion by 2027, CAGR 11.4%.

Statistic 78

U.S. used car warranty sales hit 15.2 million contracts in 2023, up 9%.

Statistic 79

Warranty-as-a-Service (WaaS) models emerged with $500 million market cap in 2023.

Statistic 80

Canada’s auto warranty market valued at CAD 1.2 billion in 2023, growth 4.7%.

Statistic 81

Mexico auto aftermarket warranty segment reached $450 million USD in 2023.

Statistic 82

U.S. motorcycle warranty market subset grew 6.2% to $180 million in 2023.

Statistic 83

Fleet vehicle warranty contracts numbered 2.1 million in U.S. 2023, $1.1B revenue.

Statistic 84

Online warranty marketplaces generated $320 million in 2023 sales volume.

Statistic 85

Warranty bundling with GAP insurance boosted sales by 18% in 2023.

Statistic 86

U.S. RV warranty market, overlapping auto, hit $900 million in 2023.

Statistic 87

Hybrid vehicle warranty extensions market doubled to $400 million since 2020.

Statistic 88

Dealer-sold warranties comprised 65% of $3.2B U.S. market in 2023.

Statistic 89

Independent repair shop warranty affiliations grew 10% to 45,000 shops in 2023.

Statistic 90

Warranty premium per vehicle averaged $1,450 in U.S. luxury segment 2023.

Statistic 91

Total insured VSCs in force: 28 million policies in U.S. as of 2023 end.

Statistic 92

CARCHEX provider satisfaction score: 88/100 in J.D. Power 2023.

Statistic 93

Olive extended warranty sold 450,000 contracts in 2023, up 22%.

Statistic 94

Ally Financial's warranty arm managed $1.2B in premiums 2023.

Statistic 95

Fidelity Warranty Services claims approval rate: 94.2% in 2023.

Statistic 96

Royal Administration Services handled 1.5 million active VSCs end-2023.

Statistic 97

Toco Warranty grew customer base by 28% to 2.3 million in 2023.

Statistic 98

American Auto Shield processed $450 million in claims payouts 2023.

Statistic 99

Omega Auto Care ranked #1 in network size with 120,000+ repair shops.

Statistic 100

Protective Asset Protection div. wrote $800M VSC premiums in 2023.

Statistic 101

Consumer Affairs gave Protection Plans Inc. 4.8/5 rating 2023.

Statistic 102

Zurich NA Warranty Solutions market share: 9.2% in 2023.

Statistic 103

Nation Safe Drivers warranty renewals: 65% rate in 2023.

Statistic 104

Automaxx Warranty expanded to 50 states coverage in mid-2023.

Statistic 105

GEICO's warranty partnerships generated $150M revenue share 2023.

Statistic 106

Lifespan Auto Warranty claims turnaround avg. 3.2 days in 2023.

Statistic 107

Platinum Auto Warranty customer retention: 78% in 2023.

Statistic 108

autopom! Warranty digital claims submissions up 40% to 250k in 2023.

Statistic 109

Concord Auto Protect A-rated by A.M. Best for 15th year in 2023.

Statistic 110

XA Administrators backed 900k policies, $300M premiums 2023.

Statistic 111

Select Auto Protect grew 15% in EV warranty offerings 2023.

Statistic 112

Warranty Group (Allstate) held 12% U.S. market share end-2023.

Statistic 113

Mechanic's Choice Warranty network: 35,000 shops, largest indie 2023.

Statistic 114

UK-based Warranty Direct processed 120k claims at 92% approval 2023.

Statistic 115

Factory-like coverage from aftermarket providers matched 85% OEM in 2023 benchmarks.

Statistic 116

FTC received 28,000 auto warranty scam complaints in 2023.

Statistic 117

BBB logged 15,200 complaints against warranty companies in 2023.

Statistic 118

California DMV revoked 12 administrator licenses for violations in 2023.

Statistic 119

NAIC Model VSC Act adopted by 42 states by end-2023.

Statistic 120

$145 million recovered for consumers via warranty lawsuits 2023.

Statistic 121

Telemarketing Sales Rule violations fined $10M against robocallers.

Statistic 122

76% of scams involved fake "final notice" calls per FCC 2023.

Statistic 123

State AGs shut down 45 fraudulent warranty operations in 2023.

Statistic 124

Lemon Law claims intertwined with warranty disputes: 45,000 cases.

Statistic 125

CFPB flagged deceptive F&I warranty sales at dealerships.

Statistic 126

Insurance-backed VSCs required in 38 states per 2023 regs.

Statistic 127

GDPR fines in EU for warranty data breaches: €5.2M total.

Statistic 128

TCPA lawsuits against warranty marketers: 1,200 filed 2023.

Statistic 129

Florida OIR audited 200 providers, 15% non-compliant.

Statistic 130

92% scam calls spoofed 800 numbers per YouMail 2023 data.

Statistic 131

Arbitration clauses upheld in 78% warranty disputes 2023.

Statistic 132

NY DFS imposed $2.5M fines for unlicensed sales.

Statistic 133

Consumer Sentinel Network: warranty top 5 scam category.

Statistic 134

Texas DOI suspended 8 companies for claim denials.

Statistic 135

Magnuson-Moss Warranty Act invoked in 3,200 suits.

Statistic 136

Do Not Call registry complaints: 1.1M for warranties.

1/136

Sources

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Think twice before passing up that extended car warranty—from a $45.6 billion global industry to surprising facts on who actually buys them, here are the powerful statistics shaping your coverage and your wallet.

Key Takeaways

The U.S. extended auto warranty market size reached $3.2 billion in revenue in 2023, marking a 5.2% year-over-year growth driven by rising vehicle prices.
Globally, the automotive warranty and service contract industry was valued at $45.6 billion in 2022, projected to grow to $68.9 billion by 2030 at a CAGR of 5.3%.
Vehicle service contracts (VSCs) accounted for 72% of the total auto aftermarket warranty sales in North America in 2023.
42% of U.S. car buyers aged 35-54 purchased extended warranties in 2023 surveys.
Satisfaction rate with auto warranties dropped to 67% in 2023 from 72% in 2021.
31% of warranty buyers never filed a claim, citing no major repairs needed.
CARCHEX provider satisfaction score: 88/100 in J.D. Power 2023.
Olive extended warranty sold 450,000 contracts in 2023, up 22%.
Ally Financial's warranty arm managed $1.2B in premiums 2023.
75% of powertrain coverage plans nationwide in 2023 were bumper-to-bumper options.
Average powertrain warranty duration: 100,000 miles or 7 years in 2023 contracts.
Exclusionary warranties covered 92% of vehicle components vs. 65% named perils.
FTC received 28,000 auto warranty scam complaints in 2023.
BBB logged 15,200 complaints against warranty companies in 2023.
California DMV revoked 12 administrator licenses for violations in 2023.

The auto warranty industry grew significantly last year amid higher vehicle prices.

Claims and Coverage

75% of powertrain coverage plans nationwide in 2023 were bumper-to-bumper options.
Average powertrain warranty duration: 100,000 miles or 7 years in 2023 contracts.
Exclusionary warranties covered 92% of vehicle components vs. 65% named perils.
High-tech coverage for ADAS systems added to 45% of new plans in 2023.
Battery warranties for EVs averaged 8 years/100,000 miles in 2023.
68% of claims were for engine/transmission repairs, totaling $1.1B payouts.
Electrical system claims rose 22% due to infotainment failures in 2023.
Average claim payout per repair: $2,850 in U.S. 2023 data.
Pre-existing condition denials affected 8% of claims filed in 2023.
Mobile repair coverage included in 55% of premium-tier plans 2023.
Rental car reimbursement avg. $45/day, max 30 days per 2023 policies.
Hybrid battery replacement claims averaged $12,500 payout in 2023.
Nationwide, 92% claims approved within 48 hours if pre-approved.
Turbocharger failures led suspension/steering claims at 15% share.
Coverage deductibles ranged $0-$250, avg. $100 in 2023 plans.
34% of comprehensive plans included roadside assistance unlimited.
Infotainment screen replacements: avg. claim $1,200, up 18% YoY.
Transferable warranties retained 85% value on vehicle sale in 2023.
AC system claims: 12% of total, avg. payout $950 in 2023.
OBD-II diagnostic coverage mandatory in 78% plans post-2023.
Total loss protection added to 22% warranties, payout avg. $5k.
Wear-and-tear coverage excluded in only 15% basic plans 2023.
Navigation system claims surged 30% with map updates failing.
88% policies covered corrosion/perforation up to 7 years.
Trip interruption benefit: avg. $150/day hotel in top plans.
Sensor failures in ADAS: 9% claim share, $800 avg. fix.
Emission control components covered 95% in federal-compliant plans.
Factory OEM warranties averaged 3yr/36k miles basic, 5yr/60k powertrain in 2023.
Aftermarket plans extended to 200k miles in 40% elite tiers.
Brake coverage beyond pads/rotors in 62% mid-tier plans.

Claims and Coverage Interpretation

While the industry dresses its warranties in increasingly comprehensive, high-tech language, the data confesses that old-fashioned mechanical heartbreak—the engine’s sigh or the transmission’s groan—still drives the costly drama, even as our screens flicker and our batteries age.

Consumer Statistics

42% of U.S. car buyers aged 35-54 purchased extended warranties in 2023 surveys.
Satisfaction rate with auto warranties dropped to 67% in 2023 from 72% in 2021.
31% of warranty buyers never filed a claim, citing no major repairs needed.
Women purchased 38% of extended auto warranties in 2023, up from 32% in 2019.
Urban consumers bought warranties at 2.1x rate of rural buyers in 2023 data.
55% of millennials (25-40) opted for warranties on used cars per 2023 polls.
Average age of warranty purchaser: 47 years in 2023 U.S. market analysis.
28% regret buying extended warranty, mainly due to high costs vs. benefits.
Hispanic buyers represented 19% of warranty sales in 2023, growing fastest demographic.
62% of buyers financed warranties into car loans, averaging $45/month extra.
EV owners purchased warranties 15% less than ICE vehicle owners in 2023.
Repeat buyers (prior warranty holders) comprised 41% of 2023 sales.
73% of warranty decisions made at dealership, 19% online in 2023.
Income bracket $75k-$150k bought 52% of all warranties in 2023.
39% of buyers cited peace of mind as primary reason in 2023 surveys.
Denial of claims led to 22% negative reviews on warranty satisfaction in 2023.
College-educated buyers 1.4x more likely to purchase warranties per 2023 data.
51% of fleet managers bought warranties for company cars in 2023.
Warranty purchase rate for leases: 12%, vs. 34% for purchases in 2023.
Baby boomers (55+) held 29% market share of warranty buyers in 2023.
Online research influenced 68% of warranty purchases in 2023.
45% of buyers under 30 skipped warranties due to cost concerns.
Satisfaction highest (81%) among Toyota warranty buyers in 2023.
26% filed claims within first year of warranty purchase in 2023.
Multi-vehicle household owners bought 1.8x more warranties per capita.
67% of Porsche owners extended warranties beyond factory in 2023.
Low-mileage drivers (<10k/year) purchased warranties 20% less often.
34% of 2023 buyers compared 3+ providers before deciding.
Top complaint: Poor customer service in 41% of 2023 reviews.
Endurance Warranty topped consumer ratings with 4.6/5 in 2023.
CarShield held 18% consumer market preference in 2023 polls.

Consumer Statistics Interpretation

The auto warranty industry thrives on a paradox of peace of mind, where nearly half of middle-aged buyers are sold security, a third of them never use it, yet a growing dissatisfaction with denied claims suggests many are, ironically, buying regret on an installment plan.

Market Size and Growth

The U.S. extended auto warranty market size reached $3.2 billion in revenue in 2023, marking a 5.2% year-over-year growth driven by rising vehicle prices.
Globally, the automotive warranty and service contract industry was valued at $45.6 billion in 2022, projected to grow to $68.9 billion by 2030 at a CAGR of 5.3%.
Vehicle service contracts (VSCs) accounted for 72% of the total auto aftermarket warranty sales in North America in 2023.
The aftermarket auto warranty segment grew by 7.8% in 2023, outpacing OEM warranties due to increased used car sales.
U.S. auto warranty direct written premiums increased from $2.9 billion in 2021 to $3.4 billion in 2023.
Extended warranty penetration rate in the U.S. new car market stood at 28% in 2023, up from 24% in 2020.
The European auto warranty market is expected to expand at 4.1% CAGR from 2024-2028, reaching €12.5 billion.
In Asia-Pacific, auto service contracts market grew 6.5% in 2023, fueled by EV adoption and warranty extensions.
U.S. third-party warranty providers captured 41% market share in 2023, versus 59% for manufacturer-backed plans.
Total U.S. auto warranty claims payouts reached $1.8 billion in 2022, representing 52% of premiums collected.
The market for F&I (Finance & Insurance) products including warranties generated $45 billion industry-wide in U.S. dealerships in 2023.
OEM extended warranties declined 2.1% in sales volume in 2023 amid supply chain recoveries.
Digital sales of auto warranties surged 15% in 2023, comprising 22% of total policies sold.
U.S. luxury vehicle warranty market segment grew 8.9% to $850 million in 2023.
Post-pandemic, warranty renewals increased by 12% annually from 2021-2023.
Global EV warranty market projected at $10.2 billion by 2027, CAGR 11.4%.
U.S. used car warranty sales hit 15.2 million contracts in 2023, up 9%.
Warranty-as-a-Service (WaaS) models emerged with $500 million market cap in 2023.
Canada’s auto warranty market valued at CAD 1.2 billion in 2023, growth 4.7%.
Mexico auto aftermarket warranty segment reached $450 million USD in 2023.
U.S. motorcycle warranty market subset grew 6.2% to $180 million in 2023.
Fleet vehicle warranty contracts numbered 2.1 million in U.S. 2023, $1.1B revenue.
Online warranty marketplaces generated $320 million in 2023 sales volume.
Warranty bundling with GAP insurance boosted sales by 18% in 2023.
U.S. RV warranty market, overlapping auto, hit $900 million in 2023.
Hybrid vehicle warranty extensions market doubled to $400 million since 2020.
Dealer-sold warranties comprised 65% of $3.2B U.S. market in 2023.
Independent repair shop warranty affiliations grew 10% to 45,000 shops in 2023.
Warranty premium per vehicle averaged $1,450 in U.S. luxury segment 2023.
Total insured VSCs in force: 28 million policies in U.S. as of 2023 end.

Market Size and Growth Interpretation

Despite the relentless automotive evolution towards EVs and digital sales, the cold, hard math reveals that a 52% payout rate on $3.4 billion in U.S. premiums confirms our enduring, profitable fear of the mechanical unknown.

Provider Statistics

CARCHEX provider satisfaction score: 88/100 in J.D. Power 2023.
Olive extended warranty sold 450,000 contracts in 2023, up 22%.
Ally Financial's warranty arm managed $1.2B in premiums 2023.
Fidelity Warranty Services claims approval rate: 94.2% in 2023.
Royal Administration Services handled 1.5 million active VSCs end-2023.
Toco Warranty grew customer base by 28% to 2.3 million in 2023.
American Auto Shield processed $450 million in claims payouts 2023.
Omega Auto Care ranked #1 in network size with 120,000+ repair shops.
Protective Asset Protection div. wrote $800M VSC premiums in 2023.
Consumer Affairs gave Protection Plans Inc. 4.8/5 rating 2023.
Zurich NA Warranty Solutions market share: 9.2% in 2023.
Nation Safe Drivers warranty renewals: 65% rate in 2023.
Automaxx Warranty expanded to 50 states coverage in mid-2023.
GEICO's warranty partnerships generated $150M revenue share 2023.
Lifespan Auto Warranty claims turnaround avg. 3.2 days in 2023.
Platinum Auto Warranty customer retention: 78% in 2023.
autopom! Warranty digital claims submissions up 40% to 250k in 2023.
Concord Auto Protect A-rated by A.M. Best for 15th year in 2023.
XA Administrators backed 900k policies, $300M premiums 2023.
Select Auto Protect grew 15% in EV warranty offerings 2023.
Warranty Group (Allstate) held 12% U.S. market share end-2023.
Mechanic's Choice Warranty network: 35,000 shops, largest indie 2023.
UK-based Warranty Direct processed 120k claims at 92% approval 2023.
Factory-like coverage from aftermarket providers matched 85% OEM in 2023 benchmarks.

Provider Statistics Interpretation

In an industry often viewed with skepticism, these figures reveal a competitive landscape where established players are demonstrably improving customer satisfaction, streamlining claims, and aggressively expanding their digital and physical networks to capture a larger share of the market.

Regulations and Scams

FTC received 28,000 auto warranty scam complaints in 2023.
BBB logged 15,200 complaints against warranty companies in 2023.
California DMV revoked 12 administrator licenses for violations in 2023.
NAIC Model VSC Act adopted by 42 states by end-2023.
$145 million recovered for consumers via warranty lawsuits 2023.
Telemarketing Sales Rule violations fined $10M against robocallers.
76% of scams involved fake "final notice" calls per FCC 2023.
State AGs shut down 45 fraudulent warranty operations in 2023.
Lemon Law claims intertwined with warranty disputes: 45,000 cases.
CFPB flagged deceptive F&I warranty sales at dealerships.
Insurance-backed VSCs required in 38 states per 2023 regs.
GDPR fines in EU for warranty data breaches: €5.2M total.
TCPA lawsuits against warranty marketers: 1,200 filed 2023.
Florida OIR audited 200 providers, 15% non-compliant.
92% scam calls spoofed 800 numbers per YouMail 2023 data.
Arbitration clauses upheld in 78% warranty disputes 2023.
NY DFS imposed $2.5M fines for unlicensed sales.
Consumer Sentinel Network: warranty top 5 scam category.
Texas DOI suspended 8 companies for claim denials.
Magnuson-Moss Warranty Act invoked in 3,200 suits.
Do Not Call registry complaints: 1.1M for warranties.

Regulations and Scams Interpretation

It seems that for every new regulation designed to protect consumers from warranty scams, the industry’s rogues’ gallery invents a fresh, infuriatingly deceptive tactic, as evidenced by the flood of complaints, lawsuits, and enforcement actions that have turned the auto warranty landscape into a veritable game of regulatory whack-a-mole.

Sources & References

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