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Smart Shopper Auto Warranty Broker
109 messages, Last post on Nov 13, 2009 at 12:13 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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Replying to: drtbgted (May 04, 2006 7:54 am) 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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Replying to: drtbgted (May 04, 2006 7:54 am) 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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Replying to: warranty101 (May 16, 2007 9:30 am) Tristan H.
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Replying to: luvmybenz (Jul 26, 2007 1:52 pm)  Not that I have anything against Elvis, I just don't see what the connection is.
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Replying to: joel0622 (Jul 26, 2007 2:12 pm)
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Replying to: luvmybenz (Jul 26, 2007 2:29 pm) 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.
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Replying to: joel0622 (Jul 26, 2007 2:46 pm)  like they say they do!
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I have only great things to say about this company. I had initially purchased a factory extended warranty for my new Subaru, but then realized that in order for it to cover repairs, I would have to take the car into a Subaru dealership, and there are many parts of the US where Subaru dealerships are few and far between. This policy was also about $500 more than what I eventually purchased. I cancelled this policy, and after exhaustive research chose to buy a policy from Auto Warranty Broker. They have been nothing short of terrific. First of all, it took 4 calls for me to decide on this company. Their sales representatives were patient, informative and very helpful, and basically they said, "Don't buy from us until you have shopped around." Wow. That was a refreshing approach. Since then I have had to use the warranty several times and everything that they said would be covered has been, plus they used their card to pay for the repairs, so I did not have to lay out any money (and then deal with getting reimbursed). That was a huge relief. Again, Auto Warranty Brokers were very helpful and reassuring and easy to deal with. I did not find them "tough" as one writer mentioned, but I did find them to be extremely professional. A writer also mentioned that this company may be a bit more expensive than others. Though I am not sure that that is true, I have to say, that in my experience it has been worth it. Having this policy has made me and my family feel much safer, especially since I know that I am dealing with a "tried and true" company...established, reliable and not a fly by night thing. Auto Warranty has been in the business for a long time and they handle insurance for several major companies. Finally, DO NOT buy a "reinsurance" policy from any company. These kind of policies may be cheaper up front, but in the long run are not worth it...they are usually sold by small, unreliable companies. It is important to ask questions about this, as I did. Again, Auto Warranty was very helpful, informative and easy to work with. I would highly recommend them to anyone who is considering an extended warranty. |
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