Subaru Equity Shield question for new car purchase - Subaru Forester Owners Forum
User Tag List

 15Likes
Reply
 
Thread Tools Display Modes
post #1 of 18 (permalink) Old 04-17-2019, 11:20 AM Thread Starter
Forum Member
 
Joe A's Avatar
 
Join Date: Apr 2019
Location: Bergen County NJ
Posts: 13
Car Year: 2019
Car Model: Subaru Forest Sport
Feedback Score: 0 reviews
Subaru Equity Shield question for new car purchase

Hi ALL,

Shopping for a 2019 Forester.
Dealer website advertises Subaru Equity Shield which offers Tire & Wheel Protection, Paintless Dent Repair, Windshield Protection, Key Protection.
Curious if anyone has taken this coverage - depending on price think it might be worthwhile with cost of replacing a rim or loosing a key fob.
Also, if you took this coverage were the prices of this coverage negotiable?

Thanks in advance.

Joe A is offline  
Sponsored Links
Advertisement
 
post #2 of 18 (permalink) Old 04-17-2019, 08:46 PM
Forum Member
 
Scubamagoo's Avatar
 
Join Date: Jan 2019
Posts: 6
Feedback Score: 0 reviews
I purchased the extra coverage and am very glad i did. Within 4 months and 4000 miles of having our 2019 forester sport we have a large crack in our windshield. Wife hit a very small rock about the size of a skittle. Its crazy because we have never had a rock chip or crack on any other vehicle our entire lives. Glad its covered! The glass has a sound film on it, i believe, that makes it extra spendy.

Joe A likes this.
Scubamagoo is offline  
post #3 of 18 (permalink) Old 04-18-2019, 04:14 AM
Forum Member
 
securityguy's Avatar
 
Join Date: Jul 2016
Location: Jacksonville, FL
Posts: 2,193
Car Year: 2019
Car Model: Forester Sport
Feedback Score: 0 reviews
@Joe A ...I think you may be in error with your post as Equity Shield has NOTHING to do with tires and glass, etc. It protects the EQUITY in your car if your car is totaled, stolen or not recovered after being stolen. Your dealer may be bundling that with the other stuff but sounds deceptive to me. My 2 cents and that of just about every car mag including Consumer Reports is to stay AWAY from these types of protection plans that cover wheels, glass, dents and dings. Typically, WAY overpriced, and you'll never get your money out of it. Most folks have windshield coverage on their car insurance plan. Mine is a zero deductible...some have $50 and some are handled under comprehensive at $100 deductible but glass replacement is cheap if you have decent car insurance. Tire & wheel, along with dentless PP will most never be used but like anything else, it is an "insurance" policy against what may happen so your money...your decision. How much do they want for it?

Ask again about the Equity Shield and the other stuff and they are two totally different animals and Subaru has no plan to cover wheels, glass and dings. They are 3rd-party plans that are HUGE money makers for the dealership...BE VERY CAREFUL!!!


https://www.sportsubaru.com/subaru-equity-shield.htm

2019 Sport
Subaru Ambassador
securityguy is offline  
 
post #4 of 18 (permalink) Old 04-18-2019, 05:15 AM
Forum Member
 
Join Date: Mar 2010
Location: Sahuarita AZ USA
Posts: 876
Car Year: 2018
Car Model: SJ Forester 2.5i Ltd
Transmission: CVT
Feedback Score: 0 reviews
Quote:
Originally Posted by Joe A View Post
Tire & Wheel Protection, Paintless Dent Repair, Windshield Protection, Key Protection.
In addition to what securityguy says, some plans like the above contain so many loopholes and exclusions that they rarely pay off. Make sure you get the terms of the plan in writing and review carefully before making a final decision. Don't rely on verbal commitments or assurances from the sales or finance person.
securityguy and Joe A like this.

2018 2.5i Ltd FB25 CVT; 2010 2.5X Ltd EJ253 4AT
ForesterBill is offline  
post #5 of 18 (permalink) Old 04-18-2019, 05:56 AM
Forum Member
 
0D1USA's Avatar
 
Join Date: Mar 2018
Location: NoVA
Posts: 99
Car Year: 18'
Car Model: 2.5 Premium 6MT
Transmission: 6MT
Feedback Score: 0 reviews
Quote:
Originally Posted by securityguy View Post
@Joe A ...I think you may be in error with your post as Equity Shield has NOTHING to do with tires and glass, etc. It protects the EQUITY in your car if your car is totaled, stolen or not recovered after being stolen. Your dealer may be bundling that with the other stuff but sounds deceptive to me. My 2 cents and that of just about every car mag including Consumer Reports is to stay AWAY from these types of protection plans that cover wheels, glass, dents and dings. Typically, WAY overpriced, and you'll never get your money out of it. Most folks have windshield coverage on their car insurance plan. Mine is a zero deductible...some have $50 and some are handled under comprehensive at $100 deductible but glass replacement is cheap if you have decent car insurance. Tire & wheel, along with dentless PP will most never be used but like anything else, it is an "insurance" policy against what may happen so your money...your decision. How much do they want for it?

Ask again about the Equity Shield and the other stuff and they are two totally different animals and Subaru has no plan to cover wheels, glass and dings. They are 3rd-party plans that are HUGE money makers for the dealership...BE VERY CAREFUL!!!


https://www.sportsubaru.com/subaru-equity-shield.htm
Often your insurer will have an option termed along the lines of "full replacement value" or the like. I have USAA and this addition is pretty nominal and give you the piece of mind of getting not just current value but like replacement value if your car is totaled. You are better off in my opinion using the insurance add on, in my experience USAA for one has been very easy to work with and I trust their coverage is without too many loopholes.
securityguy likes this.
0D1USA is offline  
post #6 of 18 (permalink) Old 04-18-2019, 05:57 AM
Forum Member
 
Southernace76's Avatar
 
Join Date: Nov 2009
Location: Tennessee
Posts: 36
Car Year: 2019
Car Model: Forester
Garage
Feedback Score: 0 reviews
I skipped on it. The price for the protection didn't add up to long term savings. My car insurance offers free windshield replacements. I can find a dent repair for under $50 per dent if I needed.
securityguy and Joe A like this.

19 Forester Premium
16 STI Limited
06 4Runner
Southernace76 is offline  
post #7 of 18 (permalink) Old 04-19-2019, 04:29 AM Thread Starter
Forum Member
 
Joe A's Avatar
 
Join Date: Apr 2019
Location: Bergen County NJ
Posts: 13
Car Year: 2019
Car Model: Subaru Forest Sport
Feedback Score: 0 reviews
Thanks for responding. This is what the dealer posts on it's website - I tried to add link but could not post with live link - this is Wayne Subaru in NJ:

Subaru Equity Shield or SES

Subaru Optimum Vehicle Protection

Optimum Vehicle Protection Plus provides you with protection for the following items:

Tire & Wheel Protection, Paintless Dent Repair, Windshield Protection, Key Protection

Terms available up to five years
Can be added to your auto financing
These items may be purchased separately or as a bundle in Subaru OVP.

Tire and Wheel Protection

Highlights (not all of the features are listed below, ask your salesperson for more details)

Repair or replacement of tire due to road hazard
Replacement of wheel if structural damage due to road hazard
No limit on occurrences or claim benefits
No mileage limitations
Transferrable if you sell your vehicle
Coverage exclusions may apply, ask for details
Paintless Dent Repair

Highlights (not all of the features are listed below, ask your salesperson for more details)

Permanently remove door dings/minor dents up to 4 inches in diameter
No limit on occurrences or claim benefits
Transferable if you sell your vehicle
Convenient repairs, done where you are
Coverage exclusions may apply, ask for details
Windshield Protection

Highlights (not all of the features are listed below, ask your salesperson for more details)

Repair of chips and cracks in front windshield
Convenient repairs, done where you are
No limit on occurrences or claim benefits
Transferable if you sell your vehicle
Coverage exclusions may apply, ask for details
Key Protection

Highlights (not all of the features are listed below, ask your salesperson for more details)

Cost of replacement key and/or transponder up to $500 per occurrence
24 hour vehicle lock-out assistance up to $100 per occurrence
Coverage exclusions may apply, ask for details

They sure like to say "coverage exclusions may apply" a lot :)

I've had to replace my current windshield twice and so this information caught my eye (my insurance does not cover replacement - just chips- I wish I just had chips!). Time to get better insurance! Been lucky with pot holes but thought only a matter of time and subie rims are pricey. Never lost a key but I read fobs are around $340 to replace.

Still have to decide on a sport or a touring model. Prob go with the sport - just trying to figure out the radio (no one knows wattage on base 8.0 radio all they talk about is the 576 watt radio).

in my research I've found $800-$1000 for this coverage. it's prob makes more sense if you are leasing and crush tires on the regular - which is is more than likely given some NJ roads.

Thanks again for all the feedback. Hope to find the right car soon.

[quote=securityguy;7529665] @Joe A ...I think you may be in error with your post as Equity Shield has NOTHING to do with tires and glass, etc. It protects the EQUITY in your car if your car is totaled, stolen or not recovered after being stolen. Your dealer may be bundling that with the other stuff but sounds deceptive to me. My 2 cents and that of just about every car mag including Consumer Reports is to stay AWAY from these types of protection plans that cover wheels, glass, dents and dings. Typically, WAY overpriced, and you'll never get your money out of it. Most folks have windshield coverage on their car insurance plan. Mine is a zero deductible...some have $50 and some are handled under comprehensive at $100 deductible but glass replacement is cheap if you have decent car insurance. Tire & wheel, along with dentless PP will most never be used but like anything else, it is an "insurance" policy against what may happen so your money...your decision. How much do they want for it?

Ask again about the Equity Shield and the other stuff and they are two totally different animals and Subaru has no plan to cover wheels, glass and dings. They are 3rd-party plans that are HUGE money makers for the dealership...BE VERY CAREFUL!!!
Joe A is offline  
post #8 of 18 (permalink) Old 04-19-2019, 04:39 AM Thread Starter
Forum Member
 
Joe A's Avatar
 
Join Date: Apr 2019
Location: Bergen County NJ
Posts: 13
Car Year: 2019
Car Model: Subaru Forest Sport
Feedback Score: 0 reviews
thanks for writing. I've just been looking online at this stuff (posted details above) - have an appointment tomorrow to sit in a sport/touring to decide which one - will get more details (in writing them). will share what I find. Thanks again.

Quote:
Originally Posted by ForesterBill View Post
In addition to what securityguy says, some plans like the above contain so many loopholes and exclusions that they rarely pay off. Make sure you get the terms of the plan in writing and review carefully before making a final decision. Don't rely on verbal commitments or assurances from the sales or finance person.
Joe A is offline  
post #9 of 18 (permalink) Old 04-19-2019, 05:42 AM
Forum Member
 
Join Date: Mar 2010
Location: Sahuarita AZ USA
Posts: 876
Car Year: 2018
Car Model: SJ Forester 2.5i Ltd
Transmission: CVT
Feedback Score: 0 reviews
Looks like Subaru of Las Vegas has the same SES "protection plan" as Wayne Subaru:
https://www.subaruoflasvegas.com/fin...ty-shield.html

But this Atlanta dealer has the SES equity protection plan that security guy mentioned:
https://www.classicsubaruofatlanta.c...ity-shield.htm

Confusing...same name, completely different plans.

2018 2.5i Ltd FB25 CVT; 2010 2.5X Ltd EJ253 4AT
ForesterBill is offline  
post #10 of 18 (permalink) Old 04-19-2019, 06:48 AM
Forum Member
 
securityguy's Avatar
 
Join Date: Jul 2016
Location: Jacksonville, FL
Posts: 2,193
Car Year: 2019
Car Model: Forester Sport
Feedback Score: 0 reviews
@Joe A ...your dealer is being a bit deceitful by bundling the Equity Protection with the other stuff that have ZERO to do with the Equity Protection Plan. Personally, you do not need ANY of it so I would pass on this if I were you.

Joe A likes this.

2019 Sport
Subaru Ambassador
securityguy is offline  
post #11 of 18 (permalink) Old 04-19-2019, 06:50 AM
Forum Member
 
Join Date: Dec 2017
Location: Grand Canyon
Posts: 826
Car Year: 2012
Car Model: Forester X
Transmission: Auto
Feedback Score: 0 reviews
@Joe A -
I think you might benefit from a thorough reading of the "exclusions", but a lot of the coverage seems dubious, and is available through other means.

You mentioned your interest in windshield replacement, but from my reading, that ISN'T covered.
Note: "Repair of chips and cracks in front windshield" is NOT the same thing as replacement of the glass, rather it is a minor repair.

Tire warranty - inexpensive add on when you replace your not so great stock tires somewhere other than the overpriced dealer.

Dents - Get a low deductible insurance policy and the dents are covered through your comprehensive.

Key protection - Look at the exclusions, but if you lose both keyless "keys" on a new model Forester, it can cost THOUSANDS and take weeks to replace.

Buy and extra key instead and store it in a safe place.
DragonSubie7 is offline  
post #12 of 18 (permalink) Old 04-19-2019, 06:52 AM
Forum Member
 
securityguy's Avatar
 
Join Date: Jul 2016
Location: Jacksonville, FL
Posts: 2,193
Car Year: 2019
Car Model: Forester Sport
Feedback Score: 0 reviews
Quote:
Originally Posted by ForesterBill View Post
Looks like Subaru of Las Vegas has the same SES "protection plan" as Wayne Subaru:
https://www.subaruoflasvegas.com/fin...ty-shield.html

But this Atlanta dealer has the SES equity protection plan that security guy mentioned:
https://www.classicsubaruofatlanta.c...ity-shield.htm

Confusing...same name, completely different plans.
Tire & Wheel, Dent & Ding and Permaplate are after market third-party protection plans that are not offered or warranted by SOA. These ads are deceitful by combining the two to make them appear as if they are connected for those that will not know any better. Not good business practice
ForesterBill likes this.

2019 Sport
Subaru Ambassador
securityguy is offline  
post #13 of 18 (permalink) Old 04-19-2019, 07:00 AM Thread Starter
Forum Member
 
Joe A's Avatar
 
Join Date: Apr 2019
Location: Bergen County NJ
Posts: 13
Car Year: 2019
Car Model: Subaru Forest Sport
Feedback Score: 0 reviews
Thanks for the heads up!

Quote:
Originally Posted by ForesterBill View Post
Looks like Subaru of Las Vegas has the same SES "protection plan" as Wayne Subaru:
https://www.subaruoflasvegas.com/fin...ty-shield.html

But this Atlanta dealer has the SES equity protection plan that security guy mentioned:
https://www.classicsubaruofatlanta.c...ity-shield.htm

Confusing...same name, completely different plans.
Joe A is offline  
post #14 of 18 (permalink) Old 04-19-2019, 07:02 AM Thread Starter
Forum Member
 
Joe A's Avatar
 
Join Date: Apr 2019
Location: Bergen County NJ
Posts: 13
Car Year: 2019
Car Model: Subaru Forest Sport
Feedback Score: 0 reviews
Agreed! thanks for your input!

Quote:
Originally Posted by DragonSubie7 View Post
@Joe A -
I think you might benefit from a thorough reading of the "exclusions", but a lot of the coverage seems dubious, and is available through other means.

You mentioned your interest in windshield replacement, but from my reading, that ISN'T covered.
Note: "Repair of chips and cracks in front windshield" is NOT the same thing as replacement of the glass, rather it is a minor repair.

Tire warranty - inexpensive add on when you replace your not so great stock tires somewhere other than the overpriced dealer.

Dents - Get a low deductible insurance policy and the dents are covered through your comprehensive.

Key protection - Look at the exclusions, but if you lose both keyless "keys" on a new model Forester, it can cost THOUSANDS and take weeks to replace.

Buy and extra key instead and store it in a safe place.
Joe A is offline  
post #15 of 18 (permalink) Old 04-24-2019, 02:40 PM
Forum Member
 
Join Date: Oct 2010
Location: NorCal
Posts: 610
Car Year: 2015
Car Model: Forester 2.5i
Transmission: CVT
Feedback Score: 0 reviews
Not worth the extra money, don't buy it. Put some emergency fund money away for this sort of non-warranty repair.
SOL CAMPBELL likes this.
Natedog is offline  
Sponsored Links
Advertisement
 
Reply

  Subaru Forester Owners Forum > General Forums > Forester Shopping

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
EXTERIOR & INTERIOR: Rally Armor, Muteki, Defi and More @ OAKOS! OAKOS Automotive OAKOS Automotive 32 05-08-2019 12:55 PM
DAYTONA SUBARU not to be TRUSTED 11eastwood Dealer/Vendor Reviews 21 09-23-2017 04:30 PM
FB Series Engine, Oil Burning, Subaru, and You gbmaryland FB25 - 2.5L Non-Turbo (2011- 2018) 15 03-14-2017 08:21 AM
Should CVT oil be changed? btao Transmission and Driveline 26 11-23-2016 07:37 PM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

 

Title goes here

close
video goes here
description goes here. Read Full Story
For the best viewing experience please update your browser to Google Chrome