Golden Warranty
Discussion
Diesel130 said:
Do a search on here first. I found this posting within 2 mins...
Very typical of what I have read in the pastrem said:
When I bought my 2002 Boxster almost 3 years ago one of the conditions of sale was that it came with a 12 month warranty. I also stated (after researching on this forum) that the warranty must include for the rubber seal that causes the RMS oil leak.
A 12 month Warrantwise Gold policy (the best they did) was what I ended up with. The policy said it covered ALL seals & gaskets.
Sure enough the car developed an RMS leak so I tried to claim on the policy.
To cut a long (over 12 months) story short they point blank refused to pay out, saying due to the age & mileage (32k) of the car the leak was due to wear & tear.
I argued that they could say that about any seal at any time so why include it in the policy.
I then complained to the Lloyds compaint department who asked if I would settle for a 50% payout which I reluctantly agreed to.
However when they suggested this to Warrantywise, again they refused to pay a penny.
I got the distinct impression the guy at Lloyds thought the policy was crap when he said his job was not to judge how good the policy was, but if it covered the fault, or not.
I ended up getting nowt with a policy that said it covered all seals & gaskets.
This is just my experience, but IMHO I wouldn't touch them with a very long bargepole.
A 12 month Warrantwise Gold policy (the best they did) was what I ended up with. The policy said it covered ALL seals & gaskets.
Sure enough the car developed an RMS leak so I tried to claim on the policy.
To cut a long (over 12 months) story short they point blank refused to pay out, saying due to the age & mileage (32k) of the car the leak was due to wear & tear.
I argued that they could say that about any seal at any time so why include it in the policy.
I then complained to the Lloyds compaint department who asked if I would settle for a 50% payout which I reluctantly agreed to.
However when they suggested this to Warrantywise, again they refused to pay a penny.
I got the distinct impression the guy at Lloyds thought the policy was crap when he said his job was not to judge how good the policy was, but if it covered the fault, or not.
I ended up getting nowt with a policy that said it covered all seals & gaskets.
This is just my experience, but IMHO I wouldn't touch them with a very long bargepole.
Also a couple of pointers for you:
The below thread may make intersting reading as it relates to a cayman 2.7 and warrantywise, a comment in here that may cheer you up:
hartech said:
Stop worrying the 2.7 is unlikely to score bores.
The bore diameter is smaller than a 3.2, 3.4, 3.6 or 3.8 and the cylinder casting is different so the amount of coolant surounding the cylinder is greater while the loads on the smaller piston are much less
Link:The bore diameter is smaller than a 3.2, 3.4, 3.6 or 3.8 and the cylinder casting is different so the amount of coolant surounding the cylinder is greater while the loads on the smaller piston are much less
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Edited by Porkupine on Wednesday 10th October 14:54
Porkupine said:
Diesel130 said:
Do a search on here first. I found this posting within 2 mins...
Very typical of what I have read in the pastrem said:
When I bought my 2002 Boxster almost 3 years ago one of the conditions of sale was that it came with a 12 month warranty. I also stated (after researching on this forum) that the warranty must include for the rubber seal that causes the RMS oil leak.
A 12 month Warrantwise Gold policy (the best they did) was what I ended up with. The policy said it covered ALL seals & gaskets.
Sure enough the car developed an RMS leak so I tried to claim on the policy.
To cut a long (over 12 months) story short they point blank refused to pay out, saying due to the age & mileage (32k) of the car the leak was due to wear & tear.
I argued that they could say that about any seal at any time so why include it in the policy.
I then complained to the Lloyds compaint department who asked if I would settle for a 50% payout which I reluctantly agreed to.
However when they suggested this to Warrantywise, again they refused to pay a penny.
I got the distinct impression the guy at Lloyds thought the policy was crap when he said his job was not to judge how good the policy was, but if it covered the fault, or not.
I ended up getting nowt with a policy that said it covered all seals & gaskets.
This is just my experience, but IMHO I wouldn't touch them with a very long bargepole.
A 12 month Warrantwise Gold policy (the best they did) was what I ended up with. The policy said it covered ALL seals & gaskets.
Sure enough the car developed an RMS leak so I tried to claim on the policy.
To cut a long (over 12 months) story short they point blank refused to pay out, saying due to the age & mileage (32k) of the car the leak was due to wear & tear.
I argued that they could say that about any seal at any time so why include it in the policy.
I then complained to the Lloyds compaint department who asked if I would settle for a 50% payout which I reluctantly agreed to.
However when they suggested this to Warrantywise, again they refused to pay a penny.
I got the distinct impression the guy at Lloyds thought the policy was crap when he said his job was not to judge how good the policy was, but if it covered the fault, or not.
I ended up getting nowt with a policy that said it covered all seals & gaskets.
This is just my experience, but IMHO I wouldn't touch them with a very long bargepole.
Soovy,interesting and warrants further investigation and another call to them, watch this space.....
I'm not overly worried about the failure of my engine, I've been chatting with Grant at Hartech over the last few days in an attempt to actually prove on the forum that bore scoring and IMS failures are unlikely in the 2.7 Caymans due to the reduced engine capacity, something Grant agrees with in principle but he's writing me a detailed email for publication here in support of my view.
A little insurance if it's proper insurance at an affordable price can't be a bad thing though.....right?
A little insurance if it's proper insurance at an affordable price can't be a bad thing though.....right?
Chrisp5782 said:
I'm not overly worried about the failure of my engine
So mainly you are worried about the gearbox and engine are you?If you really aren't concerned about the engine, I would not bother with the warranty full stop as the gearbox is not really known for being a problem!
This is the wording on WarrantyDirect's policy (a different company to Warranty Wise):
All internally lubricated parts are covered including:
Camshafts & bearings, camshaft followers & rockers
(including hydraulic lash adjusters), connecting rods &
bearings, crankshaft & bearings, cylinder block, cylinder
bores & liners & seals, cylinder heads
Do the resident experts agree this wording is reasonably watertight?
All internally lubricated parts are covered including:
Camshafts & bearings, camshaft followers & rockers
(including hydraulic lash adjusters), connecting rods &
bearings, crankshaft & bearings, cylinder block, cylinder
bores & liners & seals, cylinder heads
Do the resident experts agree this wording is reasonably watertight?
Chrisp5782 said:
I've just had a DRIVELINE warranty quote from WarrantyWise that would protect my engine, gearbox and diff from any failure and by that I mean any failure (I rang and checked) provided my car is serviced as per the manafucturers schedule (doesn't have to be by the manafacturer)up to the retail value of my car.
For this I would have to pay £520 per year and the first £500 of any claim (volentary) with unlimited claims up to the value of the car.
So, IMS gone bang, £500 to pay for repair or replacement - it's a no brainer surely?!
I'm stumping up, why on earth wouldn't I?!
I'm with your mate, Soovy... Exclusion 23 states "The Failure of any Part with inherent well publicised manufacturing defects...", so good luck claiming for an IMS, RMS, scored bores etc..For this I would have to pay £520 per year and the first £500 of any claim (volentary) with unlimited claims up to the value of the car.
So, IMS gone bang, £500 to pay for repair or replacement - it's a no brainer surely?!
I'm stumping up, why on earth wouldn't I?!
Porkupine said:
Chrisp5782 said:
I'm not overly worried about the failure of my engine
So mainly you are worried about the gearbox and engine are you?If you really aren't concerned about the engine, I would not bother with the warranty full stop as the gearbox is not really known for being a problem!
I had an RAC Gold warranty on my Boxster that, when read carefully, was pump and thankfully was included in the sale rather paid for by me seperately.
Unlike many, I do actually have confidence in my car, but a little extra protection won't hurt.
Chrisp5782 said:
I can cover the cost of mostly everything else, as I've previously stated. The largest component on my car is the engine so yes, whilst I'm not overly worried, whats £500 if it helps with the unexpected in the future? The gearbox is covered because it's covered in the policy and can't be excluded.
I had an RAC Gold warranty on my Boxster that, when read carefully, was pump and thankfully was included in the sale rather paid for by me seperately.
Unlike many, I do actually have confidence in my car, but a little extra protection won't hurt.
Fair enough...just make sure you do plenty of research. They employ the best sale people and their job is to win you over, which they are very good at - believe me was very close to buying a WW warranty on an M3, until I did detailed research online of past customers and the conclusion was simple - not worth the paper...I had an RAC Gold warranty on my Boxster that, when read carefully, was pump and thankfully was included in the sale rather paid for by me seperately.
Unlike many, I do actually have confidence in my car, but a little extra protection won't hurt.
gibbon said:
Porkupine said:
Go for it mate. But please do let us know what they do if something were to go wrong.
Hes not your mate.Porkupine said:
gibbon said:
Porkupine said:
Go for it mate. But please do let us know what they do if something were to go wrong.
Hes not your mate.Chrisp5782 said:
Haha!! Very good!
I dont understand it, your so convinced the 2.7ltr engine is low risk that you are talking with an expert to help support and validate your opinion on a public forum yet you still want hedge the risk anyway with a £500 insurance policy? What is £500 you say? Depends on your tastes really; a pair of shoes, a meal out, a weekend away. It is still however £500.Odd thread.
Chrisp5782 said:
I'm now on the phone to the technical department having asked specifically:
"Is IMS failure and resulting damage covered?"
"Is cam chain breakage covered?"
"Is cylinder scoring covered?"
I will post responses verbatum......
It doesn't matter what they TELL you, unless it's IN WRITING it means NOTHING!!"Is IMS failure and resulting damage covered?"
"Is cam chain breakage covered?"
"Is cylinder scoring covered?"
I will post responses verbatum......
Be good to hear what they say though. To measure the chin, so to speak.
Chrisp5782 said:
I'm now on the phone to the technical department having asked specifically:
"Is IMS failure and resulting damage covered?"
"Is cam chain breakage covered?"
"Is cylinder scoring covered?"
I will post responses verbatum......
With respect Crisp, it's what you get in writing that counts. You seem to know your own mind, but the concensus of most old lag Pork owners around here is to go for the OPC warranty, otherwise you're pretty much wasting your money. Good luck whatever you decide, I think the car you're in is less blighted than most."Is IMS failure and resulting damage covered?"
"Is cam chain breakage covered?"
"Is cylinder scoring covered?"
I will post responses verbatum......
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