Is CARCHEX a Scam?
CARCHEX is a vehicle service contract broker headquartered in Hunt Valley, Maryland, founded in 1999. The company brokers contracts from multiple administrators and markets nationwide coverage accepted at licensed repair facilities. CARCHEX holds an A+ rating from the BBB with BBB accreditation. As a broker, CARCHEX connects consumers with administrators rather than administering claims itself, so consumers should verify the administrator named on any contract they purchase. No state or federal regulatory action has been documented against CARCHEX.
What the Evidence Shows
CARCHEX is a licensed provider with no documented regulatory action.
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Frequently Asked Questions
Is CARCHEX trustworthy?
CARCHEX has an A+ BBB rating with accreditation and no documented regulatory actions. As a broker, however, the quality of coverage depends on the specific administrator on the contract. Read the administrator's reviews alongside CARCHEX's.