How can I be assured that my new and used car extended warranty claims will be paid in the future?
There is no risk. The extended warranties that we offer are reinsured, our administrator maintains a future claims reserve and every covered repair is paid directly to the provider at the time of service. All of the extended auto warranties are fully reinsured by a re insurance company that has been in business since 1863 with one of the highest possible rating (an A+ [superior] rating by A.M. Best and Company). A percentage of premiums paid by all new and used car extended warranty contract holders are deposited into an account that is used strictly to pay future claims. Plus, your claims are always paid directly to the repair facility of your choice with a corporate credit card, so you will never have wait for reimbursement.
Related Questions
- I want to enroll my vehicle in the new and used car extended warranty online. How can I be assured that it is completely safe to use my credit card?
- How can I be assured that my new and used car extended service contract claims will be paid in the future?
- How can I be assured that my new and used car extended warranty claims will be paid in the future?