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Warranties Backed by a Risk Retention Group

68 messages,  Last post on Sep 16, 2009 at 10:47 AM

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#30 of 68 Horrible News by nancyw Feb 24, 2005 (6:17 am)
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
#31 of 68 Re: Triad Advantage [jck1962] by elvis66 May 11, 2005 (2:15 pm)
Replying to: jck1962 (Apr 22, 2004 6:00 pm) Yea Im In The Same Boat ? the web site says that until the gran camen procedings are done?,that all claims may be paid for at a later date.
#32 of 68 Re: Triad Advantage [jck1962] by talexander1 Aug 18, 2005 (12:11 pm)
Replying to: jck1962 (Apr 22, 2004 6:00 pm) Hi John....I, too, purchased an extended warranty from Triad Advantage when I purchased my Ford Windstar LX almost three years ago.....I had heard through my dealership that they went bankrupt, and that for the first year they honored the warranties of their customers and it cost them (Van Brunt Motors in Elmira, NY) $300,000.00....so now, they are splitting the repair costs with the buyer....however, because I don't have "proof" of transmission maintenance/work, they refuse to help out at all....My dad does all my fluid checks and did a flushing of my transmission only one time, which was last summer when my van was nearing 60,000 miles.....My transmission went without warning while I was 230 miles away from my home....I bought it less than three years ago for 12 grand...it's a '99 and had almost 48,000 miles on it at signing...there's just under 68,ooo miles on it now....I had the vehicle towed 230 miles to the dealership where it sits because they expect me to pay $2,788.21 for repairs or trade it in for anywhere from 400.00 to 1,500.00......I say they are screwing me ROYALLY!!!! Have you heard anything more on Triad...my dealership says it's still in litigation, and that all the monies have been frozen by the fed. gov.....that we MIGHT get reimbersed, someday...well, I'm not holding my breath waiting, but I centainly feel they owe me something for the $1,948.00 that I paid for a usless extended warranty..... Replies to this message: trisha1 (Sep 03, 2005 5:04 pm)
#34 of 68 Re: Triad Advantage [talexander1] by trisha1 Sep 03, 2005 (5:04 pm)
Replying to: talexander1 (Aug 18, 2005 12:11 pm) Hi John,   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
#35 of 68 1sourceautowarranty by mirage154 Sep 26, 2005 (2:02 am)
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!!
#36 of 68 1Source vs. Mercury (Sold by Auto Club/www.certifiedcarcare.com) by grummanflyr Sep 26, 2005 (2:00 pm)
Trying to decide what warranty to buy for my new (used) 2000 Volvo C70. My past experience with SAAB convertibles made my warranty worth the cost. I had mixed experience with Warrantybynet plans. On one of my SAAB's, the warranty was from American Guardian and they became real pains in the neck in the last two years (always paid much less than the dealer repair bill). However, I have another plan sold by Warrantybynet on my wife's SAAB from Vemeco (Heritage). So far with two significant claims (power steering pump, direct ignition cassette, towing reimbursement), they paid VERY quickly and painlessly.   That being said, I can't seem to get a Vemeco exclusionary policy on my Volvo due to the age.   So...   I'm considering 1Source, Warranty Direct and Mercury. Mercury is an actual insurance company. I don't know enough about any of them.   If anyone can give me some advice, please post and email me at jeff.simonsalesapproach.com.   Thank you!
#37 of 68 Anyone have personal experience with Heritage, 1 Source or Mercury? by grummanflyr Sep 26, 2005 (2:01 pm)
Anyone have personal experience with Heritage, 1 Source or Mercury? Replies to this message: fblack (Dec 13, 2005 2:55 pm)
#38 of 68 Re: Anyone have personal experience with Heritage, 1 Source or Mercury? [grummanflyr] by fblack Dec 13, 2005 (2:55 pm)
Replying to: grummanflyr (Sep 26, 2005 2:01 pm) Yes - 1Source - as of Dec. 2 (according the the recording reached on the Claims phone #) all claims are being referred to the Hawaii Insurance Commissioner's office, who reports that they (and PrimeGuard) are 'under review' and not able to process any claims. No info about status or projected completion of the 'review'. Calls to the sales # get the 'You have called outside of business hours', but it was mid-day on a Tuesday... Previous claim was paid without hassle (about 3 months ago)...
#39 of 68 Re: Warranties Backed by a Risk Retention Group [angellove] by 705 Dec 15, 2005 (10:38 am)
Replying to: angellove (Jan 13, 2004 9:22 am) Apparently 1SourceAutoWarranty.com has joined the list of casualties. Their Claims Support recording says that of 12/2/2005 all calls are being forwarded to the state of Hawaii insurance. When contacting the state of Hawaii emergency number you are informed that they are no longer accepting claims at this time. Apparently some kind of review process is going on.   Does anyone have anymore information on what is going on with 1SourceAutoWarranty.com? Replies to this message: 1spillman (Dec 15, 2005 2:49 pm) jessealan (Dec 18, 2005 4:03 pm) audia8q (Dec 19, 2005 7:49 am) mmc996 (Dec 19, 2005 12:14 pm)

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