Genuine Warranty Solutions - Will not honor it's contract
I purchased a Genuine Warranty extended warranty for a 2006 Range Rover thru Warranty 4 Wheels, who sells these worthless policies. I paid $3200 for that policy. I also decided to purchase another Genuine Warranty policy for another car and paid $2200 for that one. I was told that both policies cover everything that the manufacturer's warranty would cover. However, I was never told that you have to pay a deductible per every part needing repair if you bring your car in to an authorized repair shop. To the average person, this would be good information to know to make an informed decision when deciding to purchase an extended warranty. The language in the Genuine contract reads as if you pay one deductible every time your car is needing repair, no matter how many parts are needed to fix the problem.
At the end of April 2011, I began getting error messages on the dashboard of the 2006 Range Rover. I took it in to a Land Rover dealership and they ran a diagnostic on the car. The dealership discovered that the error messages were due to the compressor for the suspension and the fuel pump, both of which needed to be replaced for a total of $1700, plus the costs for the diagnostic. No problem I think. Good thing I purchased an extended warranty. Wrong! Genuine said it would not cover the fuel pump because the costs for the part and labor is less than my $500 deductible. They would cover the cost of the compressor, but Genuine would only approve 0.4 hour (no you did not read this wrong) to remove the existing compressor and put in a new one when the dealership was requesting 3 hours of labor to perform this work. How does that even seem reasonable? Finally, the dealership would have to run diagnostics again after putting in the new parts to reset the computer system, but Genuine will not cover this. So out of a $1700 bill, Genuine is only going to pay $250. So in addition to paying $3200 for a policy that doesn't cover anything, I have to come out of pocket an additional $1450 for the repairs. What's the point of having an extended warranty?
When I called Wayne at Warranties 4 Wheels to complain about the lack of coverage and the misrepresentations about the policies that were made when I bought them from Warranties 4 Wheels, he was very rude and told me that people like me were trying to get over. I paid over $5000 for two worthless policies. How am I trying to get over? Wayne refuses to give me my money back and cancel the policies despite the fact that I did not get the repairs done on the Range Rover and nothing was ever been paid out by Genuine under either policy I purchased. Bottom line: DO NOT PURCHASE A GENUINE WARRANTY POLICY AND DO NOT PURCHASE ANYTHING FROM WARRANTY 4 WHEELS!
I have reported both companies to the Better Business Bureau. I have gotten my credit card company involved, which I used to make the payments. I live in Texas, so I am filing complaints with the Texas Attorney General's Office and the Texas Department of Licensing and Regulation. Since both Genuine and Warranty 4 Wheels are Arizona companies, I'm also covering all bases by filing a complaint with the Arizona Department of Insurance. It is very time consuming. However, I believe both companies are engaging in fraudulent practices and must be stopped. I encourage all who have experienced similar problems with these companies to do the same. The more complaints, the quicker state governments where these companies do business will take action on behalf of defrauded consumers. I'm out $5000-plus, but I will not go down without a fight.