As consumers including those with damaged credit hold onto their vehicles even longer the Service Contract Industry Council reminds us that this is one more reason to consider one even if that auto loan is paid off. What we know…
TALLAHASSEE, Fla. – In the aftermath of the Great Recession, American motorists are hanging onto their cars longer – and with the rising cost of repairs to keep those vehicles on the road, the Service Contract Industry Council (SCIC) says…
TALLAHASSEE, Fla. – Consumers considering whether to buy an extended warranty for their important back-to-school purchases now have a convenient, free tool to help them make good choices. The Service Contract Industry Council (SCIC) is offering a simple and handy…
TALLAHASSEE, Fla. – The summer mowing season is in full swing, and consumers are faced with the unpleasant fact that popular lawn mower models are among the most repair-prone consumer products. That’s why shoppers are turning to extended warranties to…
The Service Contract Industry Council (SCIC) estimates that consumers bought more than 10 million service contracts in 2012 for both new and used vehicles. Those service contracts covered 95% of annual claims filed, including repairs necessary due to normal wear…
The conventional wisdom has always held that extended warranties are a sucker's bet. It's often said that businesses far and wide—from automakers to computer companies—make more money on the sale of extended warranties than they do from the actual products…
Home warranties for resale homes are on the rise as the housing market recovers and more homes hit the market for sale. So says the Service Contract Industry Council (SCIC), a trade group comprised of most of the nation's home warranty…
TALLAHASSEE, Fla. – As home prices begin to rebound – as much as 9.7 percent this year by some estimates – more home sellers are purchasing extended home warranties (also called service contracts) to give themselves a competitive edge. “Securing…
As new cars make their debut on the nation’s biggest car sales weekend of the year, more buyers than ever before will decide to purchase a service contract to cover the cost to repair their new ride. Service contracts are…
TALLAHASSEE, Fla. – As new cars make their debut on the nation’s biggest car sales weekend of the year, more buyers than ever before will decide to purchase a service contract to cover the cost to repair their new ride…