[Biturbos4] I'm buying Extended Warranty from
tstifler at att.net
Mon Apr 12 20:50:26 EDT 2004
On Sat. I called and purchased the 4yr./100K mi.one I mentioned in the
email. I hope I don't need it in the future, but then again, I hope I do -
maybe a pricey repair at about 98K will make me glad I purchased it.
----- Original Message -----
From: "John Chase" <john at sketchy.info>
To: "'TStifler'" <tstifler at att.net>; <biturbos4 at www.audifans.com>
Sent: Monday, April 12, 2004 5:52 PM
Subject: RE: [Biturbos4] I'm buying Extended Warranty from
> I'll be looking into this myself shortly. Be sure to let us know what
> you decide.
> -----Original Message-----
> From: biturbos4-bounces at www.audifans.com
> [mailto:biturbos4-bounces at www.audifans.com] On Behalf Of TStifler
> Sent: Friday, April 09, 2004 7:58 PM
> To: biturbos4 at www.audifans.com
> Subject: [Biturbos4] I'm buying Extended Warranty from
> After dragging my feet for 6 months I'm now nearly on 50k mi and need to
> jump in. Some of you expressed interest in extended warranties. I'm
> buying from AutoWarrantyBroker.com . I shopped for the "exclusionary"
> coverage (most expensive and closest to factory type coverage). They
> say my contract is underwritten by the Great American Ins Co., which has
> to follow the laws of the state - and would be backed by the State if
> they defaulted/closed, etc - No reinsurers.
> 4 years(from now)/ till 100,000 mi on odometer- exclusionary coverage,
> $25. deductible per visit - $1983.00 [ $2133. less "promotion discount"
> of $150. (she said it really is good only until 4/10 ! pressure!!)
> They offer many varieties of coverage. It definitely covers twin turbos
> - I saw some chatter on AW to the contrary, but called and confirmed.
> I'll forward my email quote to anyone interested -
> This piece was in the email they sent me:
> Insurance companies formed as Risk Retention Groups (RRG) are generally
> NOT safe for consumers. Regardless of their ratings they are financially
> too small to cover their extended risks. Internet marketers will tell
> you they have large reinsurance companies behind their product. However,
> what they don't tell you, is the terms of the reinsurance agreement.
> Most reinsurance agreements offer little or no protection to the
> consumer. There is rarely a consumer "cut-through" to the reinsurer.
> If the reinsurer is providing the security, you should have legal access
> to their protection. Ask for a copy of the reinsurance agreement.
> Warranty Gold, WarrantyByNet, 1Source, Warranty Direct, Discount Auto
> Warranty and most of the other internet marketing companies use risk
> retention groups (RRG).
> Some others I considered, 4yr/100k exclusionary:
> WarrantyWarehouse- Stopped writing S4's a few months ago.
> WarrantyBynet - No S4 cvrg.
> Warranty Direct - No S4 cvrg
> WarrantyGold - did not consider due to recent default
> Viking - $2680. -50-ded.
> 1Source AutoWarranty - $2194. -0- ded.
> Direct Service Contracts - $2820. -100-ded
> Accell - Doesn't write in MD.
> Extended AutoWaranty - $4000.+
> AutoAdvantage $2611. -50-ded
> American Auto Warranty Service - $2835.
> Warranty4Wheels - $3205. 125k mi. -0-ded
> I know I've missed many -
> but others that sounded like I was calling their home, cell # or web
> site that wasn't very user friendly or something strange - were
> Happy Easter,
> tstifler at att.net
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