!!! Attention ... opinions on warranties
#1
Three Wheelin'
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Well I'm warranty shopping before 50K. I went to three Dealers and each had a different company. WTF.
Here are the companies - Has anyone had claims experience with any of them.
1. MPP Co.Inc
2. SGI Services
3. JM&A Group.
It appears that these companies are agents for insurances companies (whom I do not know)
Any help would be appreciated
Thanks
Here are the companies - Has anyone had claims experience with any of them.
1. MPP Co.Inc
2. SGI Services
3. JM&A Group.
It appears that these companies are agents for insurances companies (whom I do not know)
Any help would be appreciated
Thanks
#2
Pepper Bartender
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Originally Posted by Torags
Well I'm warranty shopping before 50K. I went to three Dealers and each had a different company. WTF.
Here are the companies - Has anyone had claims experience with any of them.
1. MPP Co.Inc
2. SGI Services
3. JM&A Group.
It appears that these companies are agents for insurances companies (whom I do not know) Any help would be appreciated Thanks
Here are the companies - Has anyone had claims experience with any of them.
1. MPP Co.Inc
2. SGI Services
3. JM&A Group.
It appears that these companies are agents for insurances companies (whom I do not know) Any help would be appreciated Thanks
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#4
Pepper Bartender
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Originally Posted by TimC.
Thats all fine and great, but did you mention that you wanted to insure a CAYENNE???? ![ooops](https://rennlist.com/forums/graemlins/icon501.gif)
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#5
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I went for the JM&A warranty aka Fidelity based in Florida. As I recall, my policy cost about $2,700 for 7 years, 70Kmi with $100 ded, platinum (comprehensive) for my 2004 Turbo. What I like about this policy is that the clock (7 years) starts on Jan 1 of the model year -- in my case Jan 1, 2004, even though I took delivery in April of the previous year. As far as price is concerned, you may be able to negotiate a lower price than initially quoted. Before purchasing the warranty, I spoke to the service manager at the dealership to assess his experience for claims processing, and he was quite positive. As I recall, my policy wants me to take the vehicle to the same dealership that sold me the warranty for claims service, but if you move, they will refer you to another dealership close to you. I purchased mine from Stevens Creek Porsche in San Jose.
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I would suggest you find out who is writing the actual policy. If you are buying it thru a dealer who is going thru another middleman you are paying out quite alot in commissions to both of those people. (Extended warranties are a big profit center for car dealers.) You also want to know the credit rating of the underwriter as I understand that one of these companies recently went belly-up.
#7
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Originally Posted by hamiam
I would suggest you find out who is writing the actual policy. If you are buying it thru a dealer who is going thru another middleman you are paying out quite alot in commissions to both of those people. (Extended warranties are a big profit center for car dealers.) You also want to know the credit rating of the underwriter as I understand that one of these companies recently went belly-up.
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#8
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Originally Posted by philg3
I went for the JM&A warranty aka Fidelity based in Florida. As I recall, my policy cost about $2,700 for 7 years, 70Kmi with $100 ded, platinum (comprehensive) for my 2004 Turbo. What I like about this policy is that the clock (7 years) starts on Jan 1 of the model year -- in my case Jan 1, 2004, even though I took delivery in April of the previous year. As far as price is concerned, you may be able to negotiate a lower price than initially quoted. Before purchasing the warranty, I spoke to the service manager at the dealership to assess his experience for claims processing, and he was quite positive. As I recall, my policy wants me to take the vehicle to the same dealership that sold me the warranty for claims service, but if you move, they will refer you to another dealership close to you. I purchased mine from Stevens Creek Porsche in San Jose.
1. MPP Co.Inc (Michaels - Fresno) 6 yr/100K,0 Ded = $3,820
2. SGI Services (Carlsen - Redwood City) 4yr/100K. Ded $200 = $4329
3. JM&A Group. (Rector - Burlingame) 6 yr/100K, no ded on Rector Serv, $3695
These were all top of the line plans. I've got a few months since I'm trying to use my car less ($75 fill sobered me up)