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mikefocke · 05-07-2010, 04:49 PM

company, not one that offers the insurance. They just gather your info and pass it off to companies that may want your business.

The items covered list on the web site is pure marketing and has no legal value. So you can't tell anything about the actual contract or the soundness of the company that is supposed to pay when you want them to.

I'm amazed at anyone who would offer a warranty on an 11 year old car with ~100k miles already on it. I wouldn't except at a cost that would be prohibitive or in a way where I collected up front from the customers and then expected to go out of business after paying my executives a lot of money...which is the business model of a lot of the used car warranty companies.

Watch out for a clause that says if the repair is more than x percent of the value of the car, they have an option to not do the repair.

05-07-2010, 04:49 PM	#2
mikefocke Registered User Join Date: Aug 2005 Location: Sanford NC Posts: 2,583	This company is a marketing company, not one that offers the insurance. They just gather your info and pass it off to companies that may want your business. The items covered list on the web site is pure marketing and has no legal value. So you can't tell anything about the actual contract or the soundness of the company that is supposed to pay when you want them to. I'm amazed at anyone who would offer a warranty on an 11 year old car with ~100k miles already on it. I wouldn't except at a cost that would be prohibitive or in a way where I collected up front from the customers and then expected to go out of business after paying my executives a lot of money...which is the business model of a lot of the used car warranty companies. Watch out for a clause that says if the repair is more than x percent of the value of the car, they have an option to not do the repair.