Posted on June 19th, 2008 by Warranty Direct
Did you know that in most instances, the company you are buying your warranty from has nothing to do with paying your warranty claims? The safest way to buy an extended automobile warranty is to buy direct from the warranty administrator.
Warranty Administrator – This is the company that actually issues the warranty and is responsible for paying any claims. This is the company that should come under the closest scrutiny by consumers. Buying coverage direct from an administrator offers the most security as your money goes directly to the company responsible for fulfilling the obligations under the warranty contract. You will also be able to obtain the same coverage they sell through car dealers and avoid the car dealer’s markup. Administrators will offer you pre-sale counseling and after sale support. Read more...
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Filed under: Consumer Affairs, Financing Extended Car Warranties, Warranty Direct
Posted on February 29th, 2008 by Warranty Direct
We’re flattered, sort of.
Given Warranty Direct’s market leading position in the direct to consumer extended warranty market, we are flattered that companies (not so honest ones) are identifying themselves as Warranty Direct and falsifying our name on their Caller IDs.
Warranty Direct does not make unsolicited phone calls or use an automated dialing system. The only way we would contact you would be if you visited our web site (www.warrantydirect.com) and left your contact information. Were we to call you, our phone number (516-228-8600) would be displayed on your caller ID.
The company making these calls is using our company name and is in no way affiliated with Warranty Direct. Unfortunately, we have been unable to find out who this company is and have been unsuccessful in putting a stop to it. Read more...
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Filed under: Consumer Affairs, Warranty Direct
Posted on February 18th, 2008 by Warranty Direct
In recent years, many car manufacturers have increased the length of the powertrain warranties offered on their new vehicles. Most of us are familiar with the 10 year powertrain warranties offered by Hyundai, Kia and Mitsubishi and the 5 year powertrain warranty offered by General Motors. Most recently, select Chrysler, Dodge and Jeep vehicles now come with a “lifetime” powertrain warranty.
Consumers should be aware that these longer powertrain coverages leave them vulnerable to many expensive repairs on the vehicle. Special extended warranties called “Wraps” were created to close this gap in coverage. Read more...
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Filed under: Consumer Affairs, Extended Car Warranty Coverage
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
