Extended car warranty company ForeverCar no longer selling plans
ForeverCar , a Chicago-based company established in 2011, raised $25 million to offer vehicle service protection plans. A notable aspect of their service was the inclusion of a repair concierge, who assisted customers in managing vehicle repairs, from arranging tow trucks to handling mechanics and covering repair costs under the plan. This service was designed to streamline the car repair experience, offering transparency and reducing stress for vehicle owners.
However, ForeverCar has ceased selling policies, a situation that has been ongoing for several months. The company was acquired by TruStage, an investor in ForeverCar, in late 2020.
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