Extended Warranties

[mythplaced]

I just read that ENTIRE site and nowhere do they say ANYTHING about THEIR products... There is a lot of good information on there though, but nothing about what they sell..

I am a bit leary that they are calling it "Warranty" as it is not a warranty..

THey are an insurance broker selling insurance policies.....they are NOT the insurer...

Find out who the insurer is....the insurance co...read the contract...know what you are buying...

I paid less than $4k for a 5year 100K exclusionary policy, it paid for itself in the first 18 months,YMMV


THis was "the Plan" by prizm, who provided the coverage for the now defunct Monaco plan, they have changed their plan name

http://www.protectiveassetprotection.com/

[ralper]

These companies are in business to make money. The law of averages says that your claims against your policy will be less than what you pay for that policy. I do not believe in extended warranty policies for that reason. I am ahead of the game so far. But I do not have a diesel truck. That is an expensive item to fix.

[Dusty1]

I went back and forth on whether to buy a warranty for our new to us motorhome. After a lot of discussion and reading others posts we decided to buy ours from wholesale warranties.

We checked out several companies (some don't even want to talk to you - those were the easy decisions) and Jeff offered us good coverage for our Diesel / pusher and at a very reasonable price. His service (to this point) has been great.

This is his contact info

www.WholesaleWarranties.net
(800) 939-2806 Toll-Free

Tell him John sent you

[lrgdog]

These so called warranties are NOT warranties. They are Mechanical Breakdown Contracts. And like I have said before, they are contracts as long as the company selling said "Contract" is in the business of selling "Motor Vehicles" Now. sometimes Banks and Credit unions sell these to customers and these entities are NOT in the business of "Selling" motor vehicles and then these become Insurance Policies. And again, I said, "Don't read the brochure and think this is what your vehicle, 5er,TT ect ect is covered for". You must read THE ACTUAL CONTRACT and the plan you want to purchase for the coverage you want. Then who is the Administrator? (who you will call for claims) and who is the insurance company and what their rating is. They have proceedures to follow to initiate a claim, YOU MUST CALL THE CLAIMS DEPT. Have The cause of failure to determine even if the failure is covered (It could still be under factory warranty or Not a part covered by your contract)) Then the cost of repairs (parts & labor estimate from the repair facility) and receive an autorization Number to begin the repairs. Either the repair facility will handle all the paper work, collect from you, your deductable (If any) or require you to pay for the repair and you get reimbursed from the Company you bought your mechanical Breakdown Contract from, buy mailing the original repair receipt (You keep the copy) to the claims dept,If you follow these simple steps you shouldn't have any problem from a legimate company
Richard
Retired national sales and marketing director for "Mechanical Breakdown Contracts" for a large insurance company

[lrgdog]

That is definately one way to look at it and if you are mechanically inclined or better, then these contracts are probably not for you, But, there are a whole bunch of RV owners out in RV land that could not do repairs for a host of reasons and from a legitmate company these are life savers and IMHO are a great value. and before you ask I do come from the Insurance industry and a mechanical breakdown contract holder, a twelve hundred dollar repair ($1200.00) Cost me nothing, I purchased a zero deductable contract, oh and I had to pay for it also $3,000 bucks.

[azloafer]

We had a GO RV Warranty on our former coach. I have written them starting in December of 2009 and asked for a refund. I have written and talked with them by phone at least a dozen times. I have a record of all my letters. Here we are in August of 2010 and I am still fighting for our refund. They always have an excuse for not sending the refund check. In the last two phone conversations, Steve said that they owe us $1750, but the check never comes. I will continue to fight for our refund. I believe they want to wear me down so that I give up, but I won't! I would guess that they do this to all the people who ask for a refund. I suppose some people do give up and then they get to keep the money. This is a shame and that is why I am posting the warranty name so others don't do business with GO RV. Thanks for letting me vent, Joe

[Always-RVing]

Good Sam's Extended (Service Plan) Warranty Plans (Excellent Plans, Excellent Service)

RV Repair - RV Warranty - Good Sam Extended Service Plan

[Paula28]

Do we buy an extended warranty or not...that is the question!

[Max Hubrich]

Paula28,

No one has a "crystal ball" for the future.

Everyone has "20/20 vision for hindsight".

It's your choice- ,

Good luck,

[azloafer]

Originally Posted by azloafer

We had a GO RV Warranty on our former coach. I have written them starting in December of 2009 and asked for a refund. I have written and talked with them by phone at least a dozen times. I have a record of all my letters. Here we are in August of 2010 and I am still fighting for our refund. They always have an excuse for not sending the refund check. In the last two phone conversations, Steve said that they owe us $1750, but the check never comes. I will continue to fight for our refund. I believe they want to wear me down so that I give up, but I won't! I would guess that they do this to all the people who ask for a refund. I suppose some people do give up and then they get to keep the money. This is a shame and that is why I am posting the warranty name so others don't do business with GO RV. Thanks for letting me vent, Joe

We finally received the refund (SEPT) after 9 months of letters and phone calls. Joe

[lrgdog]

With all do respect it sounds like you bought an inclusionary contract, it is not an insurance policy unless it was sold by an enity such as a bank or credit union not in the business of selling motor vehicles, other than that it is a mechanical breakdown contract. I would certaintely recommend you read the contract that you would like to purchase and not a brochure, it will tell you everything that is covered under your contract. Anything not listed is not covered. The most important thing you must do when you purchase one of these contracts is to ask who the administrator will be, who's going to handle your claim, then who is the insurance company behind your contract and what is their rating, if they can't answer your questions then pass on the contract and buy one from someone reputable, these contracts are gold mines for motor vehicle dealers, banks and credit unions. I was the national marketing and sales director for this product for a very large and very reputable company and we paid our claims, I was also in charge of the claims dept, about 150 people..so the bottom line is ask questions and don't sign anything until your satisfied, believe me, they will tell you it's only good for today, LOL come back in two weeks, a month and you can bet it will still be good and these are negotiable, there is no law that says what they can charge for these contracts, it is what the market will bear

[lrgdog]

do you have a life insurance policy? I'm not trying to make lite of a subject that has many bad guys and very few good guys selling this product. This product is only good to you if you think you need it and it will make you feel better and depending on how often you use your Rv and how far do you travel each year, That's why I equate this product to your life insurance policy...hope you don't use it for a long long time

[ninos]

Originally Posted by Paula28

Do we buy an extended warranty or not...that is the question!

Look you are going to get a lot of diferente answers on this topic, but here is my two cents, I use to work for BMW as a master tech for ten years so I know what Is there to go wrong with a car or rv after all Its just a biger vehicle with a lot more to go wrong, I own a 2006 fleetwood discovery, I bought It when It was three years old and had 19000 miles and I tryed asking the question In here and most people pretty much told me to put that money In the bank and same It for a big repair, well thank god I went with my own instinct and got the warranty, I had the warranty for about four months and my rear diferential went on me, toke It to the dealer they told me that I need a new rear because It was a mercedes rear and there Is no parts for that Its a sealed unit, anyway they paid $4000.00 and I paid my $100.00 deductable and not even a week later as I was camping and my steps stoped working and then my bedroom slide the motor also went so that repair they paid out $1,100.00 and I paid $100.00 again, so the buttom line Is that I paid $2,600.00 for my warranty and they paid back $5,100.00 total in only anout six months now I still have four and a half years to go, If you want give the person that I dealt with her name Is Stephanie torres and her cell number 760-215-4189, If you call her and do bussiness with her just give her my name, Jose loureiro. I say you get a warranty this rv's are way to expensive not to get one specially If you have a DP. Joe

[garym114]

Read this thread and decide.
http://www.irv2.com/forums/f22/how-p...trs-72907.html