BOATDOC54626
Gemini
Boatless
EASTMAN WI
Posts: 25
APPD 0.00
Post Rank: 231
RESTORING 21' THOMPSON
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Posted: Jan. 24 2008,8:52 am |
Post # 24 |
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I have to deal with these policies almost daily. Any of you that have extended policies need to look at them carefully, look for progressive damage, progressive damage limits, preferred repair facilities. Have to remember there is only one winner with insurance companies and its not the policy holder. When people get the big surprise is they think that because they are buying it at the same time as the car,truck,boat, it is administered by the manufacturer, and of course no one wants to point out to the buyer that is not the case. The repair facility is normally screwed, the repair is dictated by someone reading from a computer screen telling them what to do. the insurance company normally calls all the shots, have seen them put used parts in more often than not. this is where the phrase comes from, restore to condition before the failure. the only time I recommend a policy is for med and hd truck engines, those pay for themselves and can be custom made. the only thing a person might do, and as much as I dislike service contracts, there might be some value in those, but you have to be careful, they will be the third party working with your repair facility to get the repair done for the least amount of money, these people can be ruthless, but you might do better to team up with something like that rather than the extended policy,( there are times the ex policies pay for themselves, but normally you get stuck). and of course find a tech that you can trust and knows your product very well, and find out the weak points and then do your best to avoid problems,,
sorry you are having the hard learned lesson.
Live for today, don't get caught, tomorrow may be further away than you think..
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11-28-2024 Three Word Post.....The Next Generation.... (Rep.#19,436) from: GoFastRacer
, however wouldn't you infer that they would be responsible for the damage that their faulty part caused? 
But it's been my experiance that they will tell you what they will cover before you have any work done. And usually that is a crappy deal, too. 
then the company will explain 
then the shop presents that to the customer for approval 
Remember they are in it to make money not help you 
