Extended Warranty Warning

Thanks for your report. How very annoying. Don't let it tear you, or your friend, up. It's only money. Easy for me to say, right?

A very expensive lesson. Thanks for sharing. These kind of scammers need to be put out of business.

Like all "insurance" companies, extended warranty firms love the money coming in and scoff at sending it out. I know some people have benefited from extended warranties, but I suspect that on average the extended warranty firm wins. Else they would not exist.

I bought my coach 8 years ago when it was just a year old and have never wished I had an extended warranty. Sorry for your bad experience.

If the warranty was purchased thru a dealer it might help to complain to them as they get a share of every plan sold.
And your friend has joined many, like me, who have learned a hard lesson about bad warranty companies.

Sad to hear of you dilemma. Hope you can resolve it to your satisfaction.

If you bought this warranty through a dealer he kept more than half of your $5275.00. Extended warranties are extremely high profit for a retail dealer.

These warranties cost the dealer so little that they will throw them in for free to seal a deal.

-Tom

third party RV extended warranties are often not worth the paper they're printed on.
often, in the fine print, you'll find that a lot of common RV repair issues aren't covered. like delam or roof damage for leaks.

that's why most here, will advise AGAINST buying a third party extended warranty, when asked.

Maybe I misread....you threatened the owner of the company that you were going to file complaints with the Attorney General's office, the Indiana BBB, and the Federal Trade Commission. After that threat, you received a phone call telling you to, well, go away...:W... so, if I read your post correctly, that's what you did....is that correct...??

IMHO....don't threaten unless you plan on following through. Don't complain on here...do what you said you were going to do. These types of companies need to be taken out by whatever legal means available. Small claims action maybe...go after your money. If more do so, they will not be in business long...I've had two different companies, have used them for repairs and have come away satisfied..thanks for the heads up on this one.....just sayin...Dennis

Executive wrote:
Maybe I misread....you threatened the owner of the company that you were going to file complaints with the Attorney General's office, the Indiana BBB, and the Federal Trade Commission. After that threat, you received a phone call telling you to, well, go away...:W... so, if I read your post correctly, that's what you did....is that correct...??

IMHO....don't threaten unless you plan on following through. Don't complain on here...do what you said you were going to do. These types of companies need to be taken out by whatever legal means available. Small claims action maybe...go after your money. If more do so, they will not be in business long...I've had two different companies, have used them for repairs and have come away satisfied..thanks for the heads up on this one.....just sayin...Dennis

Yes, you misread. He threatened to call those entities if he did not receive a return call PDQ as he had been getting the run around up til then.

Bought only one of these warranties and fortunately I needed it and they paid but that was way back in the 80's. Haven't bought one since simply because of the many complaints I've heard over the years.

You said (deleted by Admin) had not paid the repair bill. Did you pay the repair bill? If you had a claim on the extended warranty and they had the repairs done, then i'm not sure if you could get a pro rated refund. I would think you could get it as long as you didn't use the service. Maybe I'm wrong, but I would assume that you couldn't make a claim and then ask for your money back after wards.