extended warranties

[mikewats]

Has anyone had dealing with Wholesale Warranties Company? Just cancelled Good Sams due to their abilities to collect payments and not supply coverage. They try to turn down any claims and you have to fight like hell and then they pay a fraction of the claim. Buyers beware!!!

[RAS43]

While some may have had good luck with non-OEM warranty companies many of us have been screwed over by them. In my case I never used the plan but when I applied for the refund at the conclusion the company went bankrupt and thousands of us lost out. BEWARE!

[Veebyes]

They are in it to make money off of you. Take that money, put it aside for your own personal maintenance insurance policy. Between what you can fix yourself, Youtube is your friend, & the occasional professional need you should come out way ahead.

[4x4ord]

4x4ord wrote:
If you can afford to live without extra warranty on your stuff you'll likely die wealthier than had you paid the premiums for extra coverage. However, I find there to be certain things that I enjoy using more when I know they are covered against theft so I've purchased theft insurance for my motorcycle and motorcycle trailer.....Most things I don't bother with nonmandatory insurance or warranty.

[4x4ord]

Delete

[Shane_Ramstrom]

I am on my second RV with Wholesale Warranties. On my first RV my warranty more than paid for itself with no hassle what so ever. I would highly recommend them. I spoke with Buddy, he was more than helpful in setting me up with the right package. I believe they are a warranty broker.

[Impulse24]

The only winners are the Company and the Finance guy who gets a commission for selling the policy.
If you decline the sales guy wants you to still sign stating you refuse the policy, so they still get a commission. When I last refused to sign the Sales guy got angry so I walked. Also on American Greed recently it was stated that policies are frequently changed in order to decline a claim.
As others have said they are not woth the paper they are printed on. Save the premium and pay for the repairs yourself...

[DutchmenSport]

Save your money and make a budget. When something happens to the camper and it needs a repair you are not able to fix yourself, you'll have the money to get it fixed. Add to the fund consistently, and if you never have to use it, then you'll have a nice down payment amount for a new one someday!

Those warranties will find every loop-hole imaginable and, as you've experienced, will not pay the full value anyway! Why have them at all?

[midnightsadie]

X2 there just a bunch of words that sound good.start your own.

[SidecarFlip]

I'd never have one unless it was a factory one... Warranty insurance companies are like any other company, in business to make money from you, the end user.

You'd be farther ahead to bank a set amount each month toward issues and then use that versus paying a for profit company for insurance that you might not ever use.

No 'fine print' with a savings account for emergency.

[Executive45]

I used WW for my last warranty. Jeff Shelton is the owner. He personally helped me choose the right policy. Understand they are a service contract and as such it's imperative you read the fine print. He sent me a blank copy of the contract so I could read it over before signing etc. Only caveat I'd give you is to look/ask for an exclusionary contract. That means everything that is EXCLUDED is listed in the contract. If it's NOT LISTED, it's covered. Also, I paid $75 extra for the weasel clause to be deleted. Insurance was thru Allegiant and they were excellent to deal with. All claims I filed were completed and paid for within a reasonable time frame. Ask at some of the local repair shops who they deal with. They will tell you who the deadbeat companies are....Jeff's number is 800-939-2806 or Jeff@wholesalewarranties.net...Good luck...Dennis

[downtheroad]

I'm afraid you will find the same experience with most if not all of these outfits....

Lots of pages of fine print, exclusions and strict requirements... and most often you will get, "Claim Denied."