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Smart Shopper Warranties Backed by a Risk Retention Group
68 messages, Last post on Sep 16, 2009 at 10:47 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Yeah, there's probably a line in the contract that puts responsibility on NWIC and off the dealer. On this board, I've read of a couple of dealers that are footing bills for customers, or doing a 50/50 split, but they are under no Legal obligation to do so. I'd say you're stuck with a very expensive piece of paper. Now: next time someone says 'give me $1200 and sign this contract and I'll fix whatever breaks on your car for the next four years,I promise', RUN. |
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Stick with the manufactorers warranty or you'll be taken for a ride everytime ! A very costly ride. Been burned by Warranty Gold and not to happen again. Ray T. |
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Replying to: angellove (Jan 15, 2004 9:34 am) I have been in the business for 35 years. I can tell you that how long a warranty company has been in business, and if they pay claims mean a lot more then who the Insurance Company back them up means. Warranty Gold was rated A+ from AM Best a week before they went Bankrupt. |
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Replying to: angellove (Feb 24, 2004 5:39 am) By the way, be careful of the "rust or corrosion" and "salt" exclusion at Section D--no coverage per the salesman (sounded real flip) I talked to. After researching various warranty cos, my take is they are not worth the money and the only people who will buy them are ignorant consumers who haven't done their homework. A shame because many can't afford the added expense. Conclusion: When buying a vehicle, obtain the best manufacturer "bumper to bumper" available! American automobile manufacturers will have to improve their warranties if they want anyone to buy their vehicles. I also wonder if there is some tie in with the Better Business Bureau the way these companies tout their records--something fishy. |
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| The Auto Club is run by the same guy who drove Warranty gold into the ground and now 1 source auto warranty is no longer backed by Primeguard RRG. What is happening to this industry! Warranty Direct's RRG is unrated and looks like they are in trouble as well. Better look out for all the players out there | |
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Replying to: jck1962 (Apr 22, 2004 6:00 pm) |
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Replying to: jck1962 (Apr 22, 2004 6:00 pm)
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Replying to: talexander1 (Aug 18, 2005 12:11 pm) I also have a useless Triad Advantage Warranty. I plan on making life at Garvey Volkswagon in Glens Falls NY a living hell. I had trouble getting my truck fixed there with the warranty after the first month. It is not expired yet, however my letter from the dealer must have gotten lost in the mail. At least that is what I was told. I cant get anywhere with any website or phone number for Triad either. Have you found out anything else? I paid $1500 for this and after 9 months they went out of business and I never knew till last week when my truck broke down! I really learned a lesson and I hope to get the dealer to pick up some of the slack. After all they are hightly rated by Huandia and that will be who I will write my first letter of discontent to. Trisha |
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| Should i buy a warranty from these people or not? This is all getting very confusing, some sites give them great reviews others do not.... HELP!! | |
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