i purchased a used pickup in 7/2006.I was offered warranty policy for a set amount for as long as i paid the premium per month. It was supposed to cover every thing on engine,transmission, rear end.
well motor blew up 175 miles on a trip in pa.after getting it back to Ohio i found there was alot of damage to motor. i talked to Penn warranty and after i paid to have motor pulled so that they could inspect it they said it had been run hot for a long time. This is news to me for I've not had any trouble up till this point.Before leaving on this trip i had vehicle serviced so i know it was road able. seems dumb to start out on a trip of 600 miles with a messed up motor.
never the less they said it was run hot for a long time,which made warranty invalid . the first offer they made was 374.00 minus 100.00 deductible. second offer was 1000.00. i said no to that also.
they also told me i signed for coverage. i wanted to see my name on the white line,nothing yet.in winding this up I've got 2600.00 in re man motor 680.00 in labor 225.00 in a new computer, oil filters and anything extra . You may ask why computer, you can't hide stuff on what happened to engine,and its there believe me. plus i have replaced radiator water pump,thermostat hoses and whatever else my mechanic says it needs.
so needless to say 274.00 will not cover it. all i can say it watch Penn warranty because they are a really bad people to deal with.
Product or Service Mentioned: Penn Warranty Corporation Warranty.
Monetary Loss: $3705.