- #56 of 109
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Re: Warranty Broker for 2003 Volkswagen Jetta [joel0622]
by warranty101
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Jun 04, 2007 (8:57 am)
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Replying to: joel0622 (Jun 04, 2007 8:47 am)
That is all correct to some degree and depends on the company. In the case of Volvo, they will send an adjuster ANY time the claim is over $1200 and it is not automotated. GM has had an automated system if the claim is under a certain amount, Chrysler is an online system. Not all dealers has a set limit they can spend in the case of third party administrators. On true factory programs, Nissan for example, they do have a set limit without approval. The only point I am trying to make is, not all "Factory" programs are that, several are no different than a policy sold to you over tghe internet or by a non-franchised used car lot.
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- #60 of 109
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2005 Mercedes C55 AMG extended warranty HELP
by thaitravellr
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Jul 09, 2007 (4:30 pm)
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I have a C55 running out of factory warranty in 6000 miles. I got into a crappy balloon loan and can't get out in one piece for another 2.25 years. I expect to put 70K miles on the car by then. I am really thinking about an extended warranty, but the dealer priced it at almost $6000!!! Is there a decent aftermarket add on warranty available, or do I simply hope and pray for 2 more years sans breakdowns? Thanks, Adam
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- #61 of 109
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Re: Warranties 4 Wheels did the job for me! [drtbgted]
by autogirl4
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Jul 24, 2007 (11:32 am)
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Replying to: drtbgted (May 04, 2006 7:54 am)
There are two sources for extended warranty's. One is a risk retention group (RRG) which is a private company backed by an insurance company or reinsured by an insurance company. This is the majority of the extended warranty companies you access through the internet. Those insurers or reinsurers are only backing the people in business, so if they go out of business they have their money, the policy holders on the other end are not protected. They aren't federally regulated.
You want to go through an insurance company. These are federally regulated (by an Insurance Commissioner) and don't feature the limit of liabilty, labor cap and headaches you find with RRG plans. I recommend Auto Warranty Broker because they broker for 3 insurance companies-American Mercury, Great American and General Fidelity (Bank of America's underwriter). You are a direct policy holder of the insurer you select. They are all AM BEST A rated insurance companies.
Go to www.extendedautowarrantytips.com for more information on this.
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- #62 of 109
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Go with an insured plan
by autogirl4
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Jul 24, 2007 (11:34 am)
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Replying to: drtbgted (May 04, 2006 7:54 am)
There are two sources for extended warranty's. One is a risk retention group (RRG) which is a private company backed by an insurance company or reinsured by an insurance company. This is the majority of the extended warranty companies you access through the internet. Those insurers or reinsurers are only backing the people in business, so if they go out of business they have their money, the policy holders on the other end are not protected. They aren't federally regulated.
You want to go through an insurance company. These are federally regulated (by an Insurance Commissioner) and don't feature the limit of liabilty, labor cap and headaches you find with RRG plans. I recommend Auto Warranty Broker because they broker for 3 insurance companies-American Mercury, Great American and General Fidelity (Bank of America's underwriter). You are a direct policy holder of the insurer you select. They are all AM BEST A rated insurance companies.
Go to www.extendedautowarrantytips.com for more information on this.
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- #63 of 109
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Re: Warranty Broker for 2003 Volkswagen Jetta [warranty101]
by luvmybenz
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Jul 26, 2007 (1:52 pm)
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Replying to: warranty101 (May 16, 2007 9:30 am)
Thank you. I took your advice and found a great warranty at a very fair price. After days of researching different companies and contracts I was able to make the best decision. I went with these guys:TCB Warranty very helpful in explaining the details of the coverage and didn't call me 3 times a day pressuring me. I hope I never have to use it, but if I do I know these guys will take care of me.
Tristan H.
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- #64 of 109
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Re: Warranty Broker for 2003 Volkswagen Jetta [luvmybenz]
by joel0622
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Jul 26, 2007 (2:12 pm)
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Replying to: luvmybenz (Jul 26, 2007 1:52 pm)
I don't think I could ever bring myself to buy anything from a company that has Elvis plastered all over there website.  Not that I have anything against Elvis, I just don't see what the connection is.
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- #65 of 109
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Re: Warranty Broker for 2003 Volkswagen Jetta [joel0622]
by luvmybenz
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Jul 26, 2007 (2:29 pm)
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Replying to: joel0622 (Jul 26, 2007 2:12 pm)
What's wrong with Elvis? Do you have a warranty on your Benz or "Volkswagen"? If yes, Who did you choose?
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