Direct to consumer Vehicle Service Contract marketer Toco Warranty Corporation has launched a new online care care portal to assist consumers with expert advice and support.
Full Press Release: http://www.businesswire.com/news/home/20141029005852/en/Toco-Launches-%E2%80%9CTocoCares%E2%80%9D-Online-Car-Care-Portal#.VFEp9pPF_K4
Omnisure Group, LLC, a provider of payment plans for automotive vehicle service contracts, announces its sale to affiliates of Fortress Investment Group LLC.
Private equity firms are active in the extended warranty and vehicle service contract industry with administrators, providers, and marketers…
Full Article from Blogs.WSJ.com: http://blogs.wsj.com/moneybeat/2014/10/17/golden-gate-seeks-buyer-for-warranty-service-provider-interstate-national/
Canceling a contract means not having to make any more payments, but for one Cumberland County woman, this was not the case…
Full Article from ABC11.com: http://abc11.com/finance/warranty-woes-cumberland-co-woman-waits-months-for-refund/348649/
There have been several articles in the news related to consumers that purchased a Vehicle Service Contract (VSC) from a Direct Marketer and have had challenges getting a refund. The consumer may have purchased the VSC on the web or in response to a mailer or a call.
A Hartford used car dealer is in hot water after he allegedly sold multiple customers invalid extended warranties…
AUL Corporation, a premier vehicle service contract administrator, is a Business Journal Best Place to Work in 2014…
Full Article: http://www.northbaybusinessjournal.com/98178/best-places-to-work-2014-aul-corporation/
While a vehicle service contract (extended car warranty) can provide protection against paying a large sum for unexpected repairs it is important to note that not all warranties are created equal.