Ext. Warr. CAUTION! Buyer Beware. Update with Claims Email Address
#16
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This is from a similar discussion in the 996 forum:
Check with the the Insurance Commisioner's office. If they were licensed in the state that you are in, then there is usually an insurance fund that all insurance companies pay into to cover claims on insolvent insurance companies. It may take you a while to recover, but they should cover you. However, if they were not licensed in your state, you are probably out of luck.
Check with the the Insurance Commisioner's office. If they were licensed in the state that you are in, then there is usually an insurance fund that all insurance companies pay into to cover claims on insolvent insurance companies. It may take you a while to recover, but they should cover you. However, if they were not licensed in your state, you are probably out of luck.
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Originally Posted by MadFox
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Ext. Warranty -- well, I be naked... but I thought I had a Cayenne fig leaf!
Lewis --- pass the Kool-aid LOTS of adult additive please!
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#18
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Update, AMEX was good enough to open a claim even though it had been nearly 3 years. I spoke to a supervisor and she was symathetic to my issue. Although Im not counting on getting anything back from AMEX I will at least put up a fight. FYI my bill at the dealer was $1100
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Update 12/28/05 Here is what I got by registering with State of Hawaii Dept of Commerce Insurance Division. Use this email address and give your policy number and all related info. THEN HOLD YOUR BREATH for a government entity to get you your money back!
==============
From: captiveins@dcca.hawaii.gov [mailto:captiveins@dcca.hawaii.gov]
Sent: Tuesday, December 27, 2005 6:36 PM
To: MadFox (alias, duh!)
Subject: Re: 1SourceAutoWarranty.com or Primeguard Insurance
Dear Mr. MadFox,
Thank you for your inquiry and contact information. Your name and contact information will be added to the database of potential claimants against the estate, and the Liquidator will be in contact with you with more specific details about the disposition of your claim (including what you may need to do), as soon as the Court determines and approves of the claims filing and administration process.
In the meantime, you can check the following link to our Insurance Division's webpage for further information and updates. http://www.primeguard.hawaii.gov/
Aloha,
Craig Watanabe
State of Hawaii - Insurance Division
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==============
From: captiveins@dcca.hawaii.gov [mailto:captiveins@dcca.hawaii.gov]
Sent: Tuesday, December 27, 2005 6:36 PM
To: MadFox (alias, duh!)
Subject: Re: 1SourceAutoWarranty.com or Primeguard Insurance
Dear Mr. MadFox,
Thank you for your inquiry and contact information. Your name and contact information will be added to the database of potential claimants against the estate, and the Liquidator will be in contact with you with more specific details about the disposition of your claim (including what you may need to do), as soon as the Court determines and approves of the claims filing and administration process.
In the meantime, you can check the following link to our Insurance Division's webpage for further information and updates. http://www.primeguard.hawaii.gov/
Aloha,
Craig Watanabe
State of Hawaii - Insurance Division
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Originally Posted by Torags
So....... are there any solvent extended warranty companies out there?
Yes.
You mean ones that will underwrite a Cayenne?
I can't imagine they're lining up for the business, but I could be wrong.
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Originally Posted by rockitman
did you report this to your state's attorney general ? That's where I would start to try to get some satisfaction...
So after two weeks of no response (gave them some holiday space), I called today. Margie answered the phone.. Now, I'm a southerner (well a transplant) and she was "red". Poor english.. not helpful.. but I plowed on through the details and said.. listen the company was a member (they've dislisted them) and we will be out most of our money unless they had substantial assets and hawaii's govt. doesn't pay it all out to auctioneers, attorneys, and secured debtors.. bottom line, she said once hawaii has finished with the situation then web assured would determine what they would do. I would assume that the state attorney generals would yield to hawaii since the insurance company was domiciled there. So... I think we are screwed until Hawaii auctions off the assets and collects all the money deducts the expenses and divides up the rest to warranty holders based on some formula? Not a bright prospect..
Anyone else have any updates?
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You're toast....
There is probably not enough $ for the insureds to get on the creditor commitee, without legal representation. The insurance commissioner represents you, good luck (he is a politician & where do you live again?)
There is probably not enough $ for the insureds to get on the creditor commitee, without legal representation. The insurance commissioner represents you, good luck (he is a politician & where do you live again?)
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Originally Posted by Torags
You're toast.... There is probably not enough $ for the insureds to get on the creditor commitee, without legal representation. The insurance commissioner represents you, good luck (he is a politician & where do you live again?)
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I think "screwed" is a better term.. can you imagine how much graft is going to happen with the attorneys and politicians who are helping us poor old consumers by seizing and liquidating this company? Then add the auctioneers who are commissioned but get a minimum fee, regardless. Then add the secured creditors.. yeah.. screwed vs. toast .. I'll take screwed.. all in the name of helping the consumer who bought a warranty from a 10 year old biz with good ratings from the bbbonline and webassured (I'm going to get my $200 bucks if I have to sue them!).... Yeah.. screwed is the operative word here.. double screwed in that now that I'm past 50K --- of the few companies out there .. I'm betting they won't warranty when you're past the mileage requirements.. I had to certify that I was at more than 1000 miles from 50K.. i.e. if you're within 30 days or 1000 miles they wouldn't offer an extended warranty to begin with..
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#27
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Originally Posted by Torags
Did you buy thru a dealer? If you did, there may be some actionable cause to explore.
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Too bad.. Just a comment about these web rating sites.
In my experience doing due diligence for a camera purchase, I found the rating sites to be near fraudulent, but certainly superfluous. The employees of the sellers can rate the products at will and the rating site doesn't have the funds to verify whos real. These special interest forums are better, IMO.
No lessons learned , you did everything right - just a bad deal.
In my experience doing due diligence for a camera purchase, I found the rating sites to be near fraudulent, but certainly superfluous. The employees of the sellers can rate the products at will and the rating site doesn't have the funds to verify whos real. These special interest forums are better, IMO.
No lessons learned , you did everything right - just a bad deal.
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see my post titled "Please read if interested in extended warranty" My dealer has been around fo ryears and has a relationship with a reputable and stable insurance company. I'm trying to get more info and perhaps we can do a group buy but I need to know who is seriously interested.
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Oh well. Hope something good happens (ain't holding my breath but will submit a claim FWIW)!
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