posted 03-18-2004 07:49 PM         

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Originally posted by Bcoffman Gray Ghost:
I would be careful about this one. I bet it isn't a DC company policy. It sounds like a third party company. Sometimes they work out. Usually a much bigger hassle to have warrantee work done. and paid for by the ins. company. There is a past history of these insurance companies selling a bunch of these policies and then running off with the money. They go out of business, then reopen another company under a diff name, and then start over. A lot of the time the repairs have to be pre-approved. A lot of horror stories about some of these companies. That said: My daughter got talked into one of these policies. I advised against it, but my son-in-law went on and bought it. As and example of how good my advice is. The engine went out. The warrantee finally covered a new engine. A lot of hassle, but they covered nearly the whole bill. Later though, the company did go out of business. But after my daughter got her money. Oh well. Tough call. I wouldn't invest in one, but, you see how much my advice is. Good luck.

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