Notices

Did I overpay on warranty?

Thread Tools
 
Search this Thread
 
Old 08-01-2015, 01:45 PM
  #1  
GingerPowered
Rennlist Member
Thread Starter
 
GingerPowered's Avatar
 
Join Date: Jun 2015
Posts: 354
Received 30 Likes on 24 Posts
Default Did I overpay on warranty?

I'm mulling over canceling my warranty. My '08 CS has about 53,000 miles; and I paid $3,500 for an Allstate Premier, 30,000 mile/2 year policy, with $200.00 deductible, bought through the Porsche dealership.

Did I overpay? I checked with a couple other providers and didn't see anything more competitively priced; but I also got in a hurry at the dealership and didn't look around too hard.

If I did overpay, my policy has a 60-day 100% refund clause. So, in theory, I should be able to cancel, get my money back and put it toward a better-priced policy. Thoughts?

TYIA.

GPd
Old 08-04-2015, 05:31 PM
  #2  
GingerPowered
Rennlist Member
Thread Starter
 
GingerPowered's Avatar
 
Join Date: Jun 2015
Posts: 354
Received 30 Likes on 24 Posts
Default

Anyone?
Old 08-07-2015, 12:47 PM
  #3  
singletrack00
2nd Gear
 
singletrack00's Avatar
 
Join Date: Aug 2015
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

Have an 07 Cayman S with 28,000 miles.

Paid $3,340 for 3 year, 36000 mile, 250 deduct, Fidelity platinum warranty from dealer.

Called several Porsche and non-Porsche dealers, this was by far the best deal. Another Porsche dealer 30 miles away wanted $6,800 for the exact same warranty. All other places varied between 4-8k.
Old 08-08-2015, 02:38 AM
  #4  
acf
Racer
 
acf's Avatar
 
Join Date: Feb 2007
Location: Irvine, Ca
Posts: 299
Received 25 Likes on 18 Posts
Default

Call Elliot at circle Porsche and get a quote for a fidelity platinum warranty tmrw.
Old 08-08-2015, 09:46 PM
  #5  
GingerPowered
Rennlist Member
Thread Starter
 
GingerPowered's Avatar
 
Join Date: Jun 2015
Posts: 354
Received 30 Likes on 24 Posts
Default Did I overpay on warranty?

Excellent. Thanks for the recs. I'll call and report back. Will be interesting to see if the extra miles on mine = extra cost.
Old 08-13-2015, 08:54 PM
  #6  
GingerPowered
Rennlist Member
Thread Starter
 
GingerPowered's Avatar
 
Join Date: Jun 2015
Posts: 354
Received 30 Likes on 24 Posts
Default

Just wanted to follow up. Got a quote from Elliot and also my local Porsche dealer (I bought from out of town). I got a pretty good deal, it appears. Local dealer doesn't use Fidelity. Can't remember the provider, but it was no one I'd heard of and was just above $5k for coverage similar to what I bought. Fidelity quotes from Elliot are below. He was nice enough to provide over email. Thanks again for the input, all. Looks like I'll keep what I have through Allstate.

4 year 48K $100 deductible $8529, $250 deductible $6962
3 year 36K $100 deductible $6349, $250 deductible $5246
2 year 24K $100 deductible $4699, $250 deductible $3944
1 year 12K $100 deductible $3529, $250 deductible $2899



Quick Reply: Did I overpay on warranty?



All times are GMT -3. The time now is 08:49 PM.