Is Olive a Scam?

Olive is a technology-focused vehicle service contract company headquartered in Chicago, Illinois, founded in 2019. The company markets and administers contracts directly to consumers through a digital-first model, with no dealer intermediary. Plans are accepted at licensed repair facilities nationwide. Olive emphasizes a mobile-first claims experience. No state or federal regulatory enforcement action is documented against Olive as of the last verification date. As a newer company, the complaint history is limited relative to legacy providers. Consumers should review waiting periods and exclusions in their contract, as new companies have shorter operational track records.