Home Auto News The Complete 2021 CarShield Price Guide

The Complete 2021 CarShield Price Guide


In this guide we’ll look at everything related to CarShield’s prices, including average costs, deductibles, down payments, factors that affect pricing, and whether a CarShield warranty is worth it.

Our research shows that CarShield has some of the lowest warranty rates available.


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How Much Does CarShield Cost?

We were quoted $88.78 for 18 months for a 5-year/100,000-mile bumper-to-bumper extended warranty from CarShield. For a 4-year/100,000-mile powertrain plan, CarShield gave us a price of $127.67 for 18 months. CarShield is one of the most affordable extended warranty providers in the car warranty industry.

CarShield Warranty Plan Vehicle Profile Coverage Term Monthly Payment Down Payment Total Cost
Diamond 2018 Toyota RAV4 with 30,000 miles 5 years/100,000 miles $88.78 for 18 months $295 $1,893
Gold 2012 Chevy Equinox with 90,000 miles 4 years/100,000 miles $127.67 for 18 months $99 $2,398

CarShield Price Range

For both limited and unlimited terms, plans can be as high as $130 and as low $80 dollars a month. The $80 figure given at the low end of this range assumes combining the lowest coverage with regularly-offered discounts. In most cases, you will end up paying closer to $100 a month at least for CarShield plans.

CarShield Cost Per Month

The CarShield monthly cost starts at $99 per month with a maximum payment plan of two years and the option either to pay up front or over time, according to CarShield. The quotes that our researchers have received have been generally in line with this figure more or less.

CarShield Deductible

CarShield contracts offer no or low deductibles, with $100 being the most common deductible cost. All deductible options include $0, $50, or $100. If you have a deductible, CarShield will pay the repair shop directly, leaving you with a small payment that would’ve cost more.

Annual Cost of CarShield

Since most plans range between $80 and $130 per month and the typical deductible cost $100, our researchers have estimated that the annual cost of CarShield ranges from $960 to over $2000/year. These estimates figure in quotes we’ve gotten from CarShield (see below).

Average Cost of CarShield

The average cost of CarShield for most buyers is around $129 per month, with discounts and promotions that can lower costs to the typical $100 per month. Along with the $100 deductible that you only when your car in serviced, you can also expect to have a $200 down payment.

Is CarShield Expensive?

Recognized for affordability, CarShield’s prices are cheaper than competition. While the examples above are a good indication of pricing, your specific extended car warranty cost depends on the program selected and your vehicle’s mileage, model, make, age, mechanical issues, service history, and coverage status.

Our research shows that CarShield has some of the lowest warranty rates available.


CarShield Extended Warranty Cost: Plans Breakdown

CarShield has 6 different plans, all of which have varying levels of coverage that range from basic powertrain to comprehensive bumper to bumper coverage. CarShield also even has specialized plans for ATVs and even high tech electronics. Generally, as an industry-norm, a higher coverage level usually means you will pay higher prices, all things equal 

One thing that stands about about CarShield in this regard is the fact that the different coverage levels all seem to be almost identical. The reason CarShield can do this is because of their flexible month to month payment options and the eligibility restrictions on some coverage plans. For example, you may be able to get the same price on a bumper to bumper Diamond plan if you drive a vehicle that is newer and less costly to cover. Conversely, if you own a vehicle that has higher mileage and is more costly to cover, then there’s a good chance you will not be eligible for a higher coverage level but you can get an affordable powertrain plan at nearly the same cost.

CarShield Prices

Below are CarShield’s cost for multiple vehicle categories for several plans:

Vehicle Plan Period Deductible Down Payment Payment
Mid-Size Sedan
Gold Unlimited $100 1st payment $99
2013 Luxury Crossover Platinum Unlimited $100 1st payment $99
Diamond Unlimited $130 1st
Mid-Size Luxury Car
Diamond Unlimited $100 1st
Mid-Size Sedan
Platinum Unlimited $100 1st payment $99
2016 Compact
Diamond 4 years/125,000 miles $100 $295 $100 x 18 months
Diamond Unlimited $130 1st Payment $100
2013 Sedan Gold Unlimited $100 1st payment $99
Diamond Unlimited $130 1st Payment $100
2017 Truck Platinum Unlimited $130 1st Payment $99

CarShield prices for various vehicle categories. CarShield monthly payments are lower for those with rolling coverage than the 24-month plan.

CarShield Pricing and Payment Policies

While most people think CarShield’s costs are something only to consider when researching the company in order to decide on whether or not to purchase a warranty or receiving a quote from the company, the cost of CarShield is something that follows customers throughout the entire buying process and life of the warranty in different ways. We discuss this issues below:

CarShield Quote

You can get a CarShield extended warranty quote online or over the phone. When we called to inquire about the quotes we used in this CarShield review, we found the experience to be simple. However, the representative was persistent when we said we wouldn’t be buying at that time. The hold time was less than one minute, and the process took about 10 minutes in total.

CarShield Cancellation Policy

If you don’t pay your monthly installment, your account doesn’t cancel right away. If this happens, make an arrangement via phone with CarShield’s payment department. This is important because claims cannot be paid for past due accounts and you only have a limited time to make a payment. Just as important as the waiting period is the cancellation policy. If you aren’t happy with your coverage, CarShield has a 30 day money back guarantee where CarShield will refund your payments in full directly to your Visa or Debit Card.

Our research shows that CarShield has some of the lowest warranty rates available.


CarShield Payment

One thing that separates CarShield from competitors are its flexible month-to-month payment plans. Because of this, you can opt out of a CarShield contract at any point. This flexible, rolling payment structure prevents you from being locked in so you can have coverage primarily when you need it. CarShield monthly payments can be paid by most credit cards through your online account. Payment setup is easy and goes along well with the payment structure outlined here.

CarShield Cost Reviews

With quotes as low as $80 and plans starting at $99, CarShield provides the most affordable extended warranties on the market. With that said, there are better providers in terms of claims process and customer service etc. When are dealing with CarShield, you are dealing essentially with a trade-off between low costs and convenient claims.

We’ve rated CarShield the most affordable provider on the market. In many cases, like bumper to bumper extended warranties, the are no competitors who offer prices that are anywhere near as low as CarShield’s. That said, in order to get these lower prices, you must be willing to sacrifice some convenience and customer service for the cheap coverage.

Extended Car Warranty Cost Basics

The cost of an extended warranty depends on factors like the level of coverage you receive, your vehicle’s make, model, age, and mileage, and what region of the country you live in. In general, older used cars cost more to cover than new ones, higher levels of coverage cost more than basic coverage, luxury models cost more than base models and living regions with lots of snow and bad weather will lead to higher costs than living in an area with good weather year around.

While these factors for extended warranty cost are the basics, you can get lower prices by doing your research, getting quotes and comparing costs from multiple providers, and negotiating with the warranty company during the negotiations process.

Featured Extended Warranty Companies

We reviewed every major warranty company for coverage, affordability and more. Here are our recommendations.


Our first choice for comprehensive coverage.



Runner-Up, Best Provider

Industry leader with one of the highest mileage limits of any extended warranty provider.

Protect My Car

Protect My Car

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CarShield Cost: Conclusion

In this guide to CarShield cost, we looked at price ranges, average prices, payment structures and more. We also reviewed CarShield’s cost and provided high-level tips and details to help you get a lower price on an extended car warranty with CarShield or any other provider.

CarShield Cost: FAQ

Does CarShield have a deductible? 

Most CarShield plans have a deductible, although the company also offers zero deductible plan options. In most cases, deductible costs depend on what warranty plan you sign up for, with higher tiers costing more.

Is CarShield worth the money?

If you wonder “Is CarShield a good deal?”, the answer is yes if you want the peace of mind of a predictable budget, affordable coverage, and a reputable provider. CarShield especially makes sense for those who plan on keeping a vehicle for a long time and/or those who cannot pay for unexpected repairs out of pocket.

Is CarShield a good deal?

CarShield is a good deal, especially if price is an important consideration for your extended warranty needs. We found CarShield to have some of the lowest monthly rates, and CarShield reviews from customers highlight affordable extended warranty plans, too.

How much does CarShield cost per month?

Quotes we’ve received have shown that CarShield typically costs around $100 per month.

Does CarShield have a deductible? 

Most CarShield plans have a deductible, although the company also offers zero deductible plan options. In most cases, deductible costs depend on what warranty plan you sign up for, with higher tiers costing more.

How much does CarShield cost on average?

The average cost for CarShield customers is around $120 a month, which discounts lowering most plans to closer to $100 per month. On average, you can expect $100 deductible costs and $200 down payments.

How much does CarShield cost per year?

When factoring in the average prices we’ve gotten for monthly payments, deductibles, and down payments, a CarShield plan’s annual cost typically ranges from 960-1000 per year.


The Detroit Bureau collects data from every major car warranty provider to formulate rankings of the best warranty companies. Our in-depth rating system takes into account coverage, pricing, transparency, customer satisfaction and ratings from industry experts. Each provider is given a weighted score in five categories, as well as an overall score out of 10.0.

We recommend auto warranty companies based on these rankings, but we also encourage you to perform your own research and compare quotes to find the best coverage.

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