Posted on February 14th, 2008 by Warranty Direct
Extended Warranty Contracts – What They Don’t Want You to Know
The Internet is littered with web sites selling cheap extended warranties. These companies hope you’ll be blinded by low prices and not do the necessary research into what kind of coverage they are really offering. Cheap warranty contracts are full of clauses that will cost you dearly in the long run. Here are a few examples from 2 of the leading “cheap” warranty providers that have popped up on the Internet recently. Items that are underlined are the areas you should be very careful of.
THESE CLAUSES DO NOT APPEAR IN WARRANTY DIRECT CONTRACTS Read more...
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Filed under: Consumer Affairs, Extended Car Warranty Coverage, Warranty Direct
Posted on February 11th, 2008 by Warranty Direct
How to Choose the Right Company
There are many different warranty companies on the market, all competing for your business. That means that there are many benefits to comparison shopping between them. Be careful to research the warranty administrator (the company responsible to pay your claims) and not only the seller. These sellers (often called brokers) are not responsible to you after they sell you coverage.
Here are some of the most important features to consider:
1. Reputation. An honest warranty company is one that you want on your side. Check them out at the Better Business Bureau or look for reviews of their services online. Check out the major automobile sites on the Internet and find out who they recommend. You can bet they did their homework before choosing a warranty company to recommend. This is very important in finding the right warranty company to entrust your money to.
2. Licensing and Registration. Check their license and registration within your state. While many states do NOT regulate warranty providers, states like California, Florida and New York have strict regulations. Find out if the company is licensed in those states. Those states periodically audit the warranty companies to make sure they are financially sound.
3. Longevity. The length of time a company has been in business is an excellent indicator of their financial strength and how they pay their claims. Beware of newer companies that have little or no history.
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Filed under: Extended Auto Warranty Providers, Extended Car Warranty Coverage
Posted on December 27th, 2007 by Warranty Direct
With companies offering extended coverage coming and going so rapidly, how do you know who to trust? As the oldest and largest company offering direct-to-consumer extended coverage, Warranty Direct has prepared this short checklist to help you in choosing your extended warranty coverage provider.
1. How long have you been in business?
2. Do you pay the claims or are you a broker? What company actually is responsible for paying the claims?
3. Are you able to offer coverage in all 50 states?
4. Are you a Better Business Bureau accredited business?
5. How many warranty contracts has your company sold?
6. Do you sell through car dealers and financial institutions or only on the Internet?
7. Do you cover wear and tear failures or only mechanical breakdowns?
8. Do you cover seals and gaskets?
9. Do you cover damage due to overheating?
10. Do you include $100 towing benefits with your plans? What about a full roadside assistance plan?
11. Can I preview the actual contract online?
12. What companies endorse your company? Read more...
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Filed under: Extended Auto Warranty Providers, Extended Car Warranty Coverage, Warranty Direct
Posted on December 11th, 2007 by Warranty Direct
With nearly 30 years experience, you’ll be hard pressed to find a company with a more solid reputation than Warranty Direct. We’re proven in the marketplace. Take a look at what others think about Warranty Direct.
There are many factors one should consider before selecting a car warranty company. Longevity and a proven track record are two important factors. Warranty Direct is the consumer division of Interstate National Dealer Services, Inc, one of the oldest and largest independent automobile warranty providers in the US. Our expertise in car warranties is unmatched with 28 years of experience, nearly 2 million car warranty contracts sold and over $600,000,000.00 in paid claims. Read more...
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Filed under: Extended Auto Warranty Providers, Testimonials - Warranty Direct, Warranty Direct
