They are out there with national advertising saying that for older or late model cars they will pay 100% of the repair bill depending on which level of "protection" you buy into. What they don't tell you is that they will actually only pay 100% of the bill -- UP TO THE CASH VALUE OF YOUR CAR. You can buy into their expensive program expecting to have them cover all the costs, but not really. If you have to replace your engine and it costs $3500. 00, but your car is only worth $500 - guess what they pay?!? You got it -- $500. You're stuck for the other $3000. 00.