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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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What is this discussion about? Car Warranties

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#41 of 68 Re: Warranties Backed by a Risk Retention Group [1spillman] by jessealan Dec 18, 2005 (4:03 pm)
Replying to: 1spillman (Dec 15, 2005 2:49 pm) I really want to go with warranty direct but need more info to make sure they are a good company. Any reason to go with them? Suposedly they are packed by an insurer and reinsurer. Replies to this message: audia8q (Dec 19, 2005 7:49 am)
#42 of 68 Re: Warranties Backed by a Risk Retention Group [jessealan] by audia8q Dec 19, 2005 (7:49 am)
Replying to: jessealan (Dec 18, 2005 4:03 pm) Being backed dosnt mean anything...ask the millions of people who have been burned by an aftermarket warranty company that was "backed".   Unless there is no choice don't even consider a warranty that isnt backed by a major car company. You save a few dollars with the aftermarket warranty but in the end you won't save anything and there is a good chance you will end up with nothing but alot of promises.
#43 of 68 Re: Warranties Backed by a Risk Retention Group [1spillman] by mmc996 Dec 19, 2005 (12:14 pm)
Replying to: 1spillman (Dec 15, 2005 2:49 pm) I am a current holder of a 1Source E.W. about half way through its life. Over the 3 years I've had it they have been very responsive until that brick wall of a phone message I ran into last week when calling to make a claim. On a hope and a prayer, that phrase 'under review' portends that they/we will recover from whatever hole they/we are in. The number on the recording for the Hawaii Insurance Division is incorrect - the HID Hotline specifically for 1Source is 808.586.7512 but not much new there at this time. Thankfully this message board provides someplace to vent or find some nuggets of info. Writing in your claim or complaint to the address given at the BBB site (see 1 spellman) seems to be the only concrete action that can be taken at this time. If anyone has ar gathers any new info please post. thanks.
#44 of 68 re: 1 source Hawaii Insurance Hotline correction! by mmc996 Dec 19, 2005 (2:35 pm)
Aloha.. On my previous and very first post, a few hours ago, I incorrectly listed the Hawaii Insurance Division hotline for the PrimeGuard/1Source case-in-review. The correct number is: 808-586-7412. My apologies.
#45 of 68 Warranty America LLC by lampadephoria Feb 15, 2007 (7:40 am)
Hi All, I plan to purchase extended warranty. With so many internet offerings, I don't know which one to pick. Does anyone have experience with AAAutoWarranty.com, who sells warranties backed by Warranty America, LLC/Capital Assurance Risk Retention Group? Some folks suggested me to go with AAA's warranty service from www.corpmsc.com. They have similar plans. But I don't know which one can really handle my repairs. Thanks for your feedback. Replies to this message: stevev65 (Nov 02, 2007 4:40 am)
#46 of 68 warranty america by steve02slt Feb 23, 2007 (7:48 am)
Why would you want to insure your vehicle with a company thats only been in business for 4 years, and is backed by a risk retention group??
#47 of 68 simple by joel0622 Mar 01, 2007 (12:54 pm)
Buy the Manufactures Service plan, and you won't have any of thw whore stories you read on the first few pages Replies to this message: mitzij (Mar 02, 2007 4:48 am)
#48 of 68 Re: simple [joel0622] by mitzij Mar 02, 2007 (4:48 am)
Replying to: joel0622 (Mar 01, 2007 12:54 pm) Or horror stories!
#50 of 68 ...it's VERY simple. by k3n Mar 23, 2007 (2:02 pm)
...avoid all RRG's at all costs. They might be cheaper, they might even offer some unbeatable programs, but make sure ANY warranty you purchase is from an actual Insurance Company.   There are a few companies out there, like www.AutoWarrantyBroker.com that offer extended warranties from actual A-rated Insurance companies, and nothing to do with RRG's. Replies to this message: lampadephoria (Mar 24, 2007 6:36 pm) lsg1 (May 14, 2007 4:37 am) mitzij (May 14, 2007 9:20 am) uvebeenscrewed (Jun 09, 2007 10:49 am)

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