I had a few claims where the Ultimate Warranty Corp. approved work on my vehicle, the repairs were made and then they did not pay. This happened around the same time as all of the dates that I’ve seen (Oct-Dec 07), now I’m being called by the dealership who performed the repairs, threatning me for the bill. Where is the class action lawsuit on this matter. I dont want money all I want is to be left alone from the dealership because I did’nt approve to pay the claim the Ultimate Warraty Corp did. I have cotracts for two vehicles under this company and it seems that they are not worth the paper on which they’re written.
If you bought the contract from a car dealer your recourse could be to have him or her refund the cost of the contract or pay your claim or both.Was the dealer negligent for not making sure the company they represented was financially sound or were they to busy overcharging you for a lousy product?
I would just like to know if or when we will get our refund of the money we spent out of our own pocket, for our extended warranty that we cancelled almost one year ago. I feel that if you don’t have the money to pay us back then why did you offer us this, so called great extended warranty? Even if we never see the refund in our lifetime, maybe our children will. (how is this possible you say? well it’s called a CLASS ACTION SUIT!!!!) remember you never ever get anything for free!!!!
Go back to the dealer you purchased from for service work, they will try to make things right with you if they are a good dealer. These dealers don’t want bad publicity from unhappy customers, if they are smart. It wasn’t a surprise that this company went belly up there were lots of warnings out there that most dealers made a decision to ignore. They were lured in with high commissions and promises. A lot of money was paid in spiffs to the finance salespeople working in these dealership to sell the products. Everytime they sold one a spiff was place a debit card for them. Some dealers knew some didn’t. Also dealers were promised large sums of money if they had low claims. Money was set aside in accounts, wonder where that went? It really just gets down to greed. They kept selling them knowing that the claims had been a problem the money was just too good for them to resist. Dealers do have a responsibility to sell products that they have done their due diligence on. In the state of MN, this company had a been told by the Dept of Commerce to stop doing business and continued to sell their product. That was in 2004, information easily available on the website. It’s unfortunate that dealers place their financial gain in front of their customers needs. If your dealer doesn’t make it right with you I would contact the BBB and the attorney generals office in your state. Go the web site http://www.doi.sc.org they will have information there to the status of this case. In the future, make sure that when you buy a warranty you check to see who the insurer is and their record. With the internet we have plenty of information available to us in a moment. Good luck to all of you with claims, remember that there are good warranties and good car dealers, this just happened not to be one of them.
I HAVE ULTIMATE WARRANTY AND THEY ARE ASSHOLES I CALLED AND TOLD THEM MY 2003 GT WAS LEAKING COOLANT AND THEY SAID GET IT FIXED AND WHEN I WENT OTO GET IT FIXED THE DEALER ANDY SIMS BUICK WOULD NOT TAKE WARRANTY AND I PAID 700.00 FOR 5 GASKETS SO WHEN I CALLED ULTIMATE BACK THEY SAID I HAD NO CLAIM AND THEY WON’T PAY SOMEONE SHOULD HELP THE CONSUMER WITH THIS PROBLEM I HAVE FILED 3 CLAIMS WITH STATE ATTORNY GENERAL AND WITH CHANNEL 5 NEWS FOR INVESTAGATION
First National. Warranty failed to pay
repair costs for my Ford Truck. I am out
the $1934.00 for warranty plus the repair
costs. I am very unhappy with the South
Carolina Department of Insurance protecting Captial Assurance by allow-
ing or placing the company into reciever-
ship. Yes,it helps the corporation but
how does it help the consummer?
ing
the company
I paid out $1600.00 for this contract only to find out when my vehicle was in need of repairs I would have to pay the repair bill of 747.00 because all monies were frozen due the company being placed into receivership. They couldn’t say when or if I would receive a refund minus my deductable. I purchased this contract thru the dealership in good faith upon the salesman advising me it was worth it and would come in handy. I recently called the dealership and was advised they would not cover the repair bill. If I would have stolen $1600.00 from their dealership or from my employer I would have been arrested with a felony conviction. This company has ripped all of us off and we should be filing charges against them. I believe the South Carolina of Insurance should be helping all of us get these repairs bills paid. I also will not purchase or recommend anyone to purchase a vehicle from this dealership due to them not standing behind a contract they sold me.
Now, I see why EXTENDED AUTO WARRANTY CORP. didn’t pay my claim on November 30, 2007, after submitting it several times. They actually refused to converse with me only saying I authorized the service. The dealership called them several times before repair only to get “we are sorry for the past several week you have experienced such a long wait….(blah blah blah). I too like the rest of you had to fork my own bill. After several attempts with them, I decided to write to Capital Assurance and of course my mail came back undeliverable. I finally decided to check out the web to see if I could get another address–so now here is where I ended up. Is there anything that can be done?
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I opened a claim Aug.17 2007.The scumbags owe me 772.82.I have called and faxed.They should be tazard. >~~~~ Q
I had a few claims where the Ultimate Warranty Corp. approved work on my vehicle, the repairs were made and then they did not pay. This happened around the same time as all of the dates that I’ve seen (Oct-Dec 07), now I’m being called by the dealership who performed the repairs, threatning me for the bill. Where is the class action lawsuit on this matter. I dont want money all I want is to be left alone from the dealership because I did’nt approve to pay the claim the Ultimate Warraty Corp did. I have cotracts for two vehicles under this company and it seems that they are not worth the paper on which they’re written.
If you bought the contract from a car dealer your recourse could be to have him or her refund the cost of the contract or pay your claim or both.Was the dealer negligent for not making sure the company they represented was financially sound or were they to busy overcharging you for a lousy product?
DOES ANYONE KNOW THE AM BEST RATING OF THIS COMPANY (CAPITAL ASSURANCE RISK) PRIOR TO THE COMPANY GOING UNDER??
I would just like to know if or when we will get our refund of the money we spent out of our own pocket, for our extended warranty that we cancelled almost one year ago. I feel that if you don’t have the money to pay us back then why did you offer us this, so called great extended warranty? Even if we never see the refund in our lifetime, maybe our children will. (how is this possible you say? well it’s called a CLASS ACTION SUIT!!!!) remember you never ever get anything for free!!!!
Go back to the dealer you purchased from for service work, they will try to make things right with you if they are a good dealer. These dealers don’t want bad publicity from unhappy customers, if they are smart. It wasn’t a surprise that this company went belly up there were lots of warnings out there that most dealers made a decision to ignore. They were lured in with high commissions and promises. A lot of money was paid in spiffs to the finance salespeople working in these dealership to sell the products. Everytime they sold one a spiff was place a debit card for them. Some dealers knew some didn’t. Also dealers were promised large sums of money if they had low claims. Money was set aside in accounts, wonder where that went? It really just gets down to greed. They kept selling them knowing that the claims had been a problem the money was just too good for them to resist. Dealers do have a responsibility to sell products that they have done their due diligence on. In the state of MN, this company had a been told by the Dept of Commerce to stop doing business and continued to sell their product. That was in 2004, information easily available on the website. It’s unfortunate that dealers place their financial gain in front of their customers needs. If your dealer doesn’t make it right with you I would contact the BBB and the attorney generals office in your state. Go the web site http://www.doi.sc.org they will have information there to the status of this case. In the future, make sure that when you buy a warranty you check to see who the insurer is and their record. With the internet we have plenty of information available to us in a moment. Good luck to all of you with claims, remember that there are good warranties and good car dealers, this just happened not to be one of them.
I HAVE ULTIMATE WARRANTY AND THEY ARE ASSHOLES I CALLED AND TOLD THEM MY 2003 GT WAS LEAKING COOLANT AND THEY SAID GET IT FIXED AND WHEN I WENT OTO GET IT FIXED THE DEALER ANDY SIMS BUICK WOULD NOT TAKE WARRANTY AND I PAID 700.00 FOR 5 GASKETS SO WHEN I CALLED ULTIMATE BACK THEY SAID I HAD NO CLAIM AND THEY WON’T PAY SOMEONE SHOULD HELP THE CONSUMER WITH THIS PROBLEM I HAVE FILED 3 CLAIMS WITH STATE ATTORNY GENERAL AND WITH CHANNEL 5 NEWS FOR INVESTAGATION
First National. Warranty failed to pay
repair costs for my Ford Truck. I am out
the $1934.00 for warranty plus the repair
costs. I am very unhappy with the South
Carolina Department of Insurance protecting Captial Assurance by allow-
ing or placing the company into reciever-
ship. Yes,it helps the corporation but
how does it help the consummer?
ing
the company
I paid out $1600.00 for this contract only to find out when my vehicle was in need of repairs I would have to pay the repair bill of 747.00 because all monies were frozen due the company being placed into receivership. They couldn’t say when or if I would receive a refund minus my deductable. I purchased this contract thru the dealership in good faith upon the salesman advising me it was worth it and would come in handy. I recently called the dealership and was advised they would not cover the repair bill. If I would have stolen $1600.00 from their dealership or from my employer I would have been arrested with a felony conviction. This company has ripped all of us off and we should be filing charges against them. I believe the South Carolina of Insurance should be helping all of us get these repairs bills paid. I also will not purchase or recommend anyone to purchase a vehicle from this dealership due to them not standing behind a contract they sold me.
Now, I see why EXTENDED AUTO WARRANTY CORP. didn’t pay my claim on November 30, 2007, after submitting it several times. They actually refused to converse with me only saying I authorized the service. The dealership called them several times before repair only to get “we are sorry for the past several week you have experienced such a long wait….(blah blah blah). I too like the rest of you had to fork my own bill. After several attempts with them, I decided to write to Capital Assurance and of course my mail came back undeliverable. I finally decided to check out the web to see if I could get another address–so now here is where I ended up. Is there anything that can be done?