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Auto Warranty Broker

108 messages,  Last post on Sep 20, 2008 at 4:15 PM

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What is this discussion about? Car Warranties


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#60 of 108
2005 Mercedes C55 AMG extended warranty HELP by thaitravellr
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
#61 of 108
Re: Warranties 4 Wheels did the job for me! [drtbgted] by autogirl4
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.
#62 of 108
Go with an insured plan by autogirl4
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.
#63 of 108
Re: Warranty Broker for 2003 Volkswagen Jetta [warranty101] by luvmybenz
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.
#64 of 108
Re: Warranty Broker for 2003 Volkswagen Jetta [luvmybenz] by joel0622
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.
#65 of 108
Re: Warranty Broker for 2003 Volkswagen Jetta [joel0622] by luvmybenz
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?
#66 of 108
Re: Warranty Broker for 2003 Volkswagen Jetta [luvmybenz] by joel0622
Jul 26, 2007 (2:46 pm)
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Replying to: luvmybenz (Jul 26, 2007 2:29 pm)

Oh there is nothing wrong with Elvis, I was just at his house last spring, like I said I just don't see the connection. Unless they are selling a "hunka hunka burning warranty"
 
Do you have a warranty on your Benz or "Volkswagen
 
No I do not have a Benz or VW, I drive Fords and have service/maintanence contracts on both of them. The Dealer I buy my car from gives me a fantastic deal on service contracts. Besides I would never have anything but the manufactures warranty any how. The Finance guy that handles my stuff is the best F&I guy in America. The fact that my wife sleeps with him helps allot though.
#67 of 108
Re: Warranty Broker for 2003 Volkswagen Jetta [joel0622] by luvmybenz
Jul 26, 2007 (3:41 pm)
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Replying to: joel0622 (Jul 26, 2007 2:46 pm)

Well, aside from the pictures on their website, I got the same exact coverage the dealer was offering (covers everything) for $1,000 less. Plus I got a longer term. Anyways, I'm going to stick with it and I will let you know how if they "Take Care of Business" like they say they do!

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