3rd Party Warranty with WarrantyWise
Posted: Mon Sep 13, 2004 9:49 pm
Just received a quote from WarrantyWise for 4yrs cover for my 2000 S4 for £950. There is a £6000 ceiling on any one claim and an unlimited no. of claims can be made.
This company appears to be based in Clitheroe, Lancs and, according to the phone rep, they have been trading for 6 years. The policy will apparently be underwritten by AXA.
They give a pretty detailed list of items covered but could be hiding some significant omissions in the detail. Not being a technical automotive man, this makes me somewhat nervous.
Read in a separate posting that WarrantyWise are the same as Warranty Holdings. Can anyone confirm this? There are two separate entries for these at Companies House with WH correctly noted to be in administration. Of concern, however, is that the entry for WarrantyWise states that it is a "non-trading company", although its status is active. And contrary to what the rep said, the company was incorporated in Jan 2000. No previous trading names are listed. Could they have been trading before being incorporated? Really need an accountant or legal man to decipher this...surely there must be a few such RS4-driving men in our ranks?
If a reputable company like AXA underwrite the policy and WarrantyWise were to go tits up, wouldn't the policy itself still remain valid?
This company appears to be based in Clitheroe, Lancs and, according to the phone rep, they have been trading for 6 years. The policy will apparently be underwritten by AXA.
They give a pretty detailed list of items covered but could be hiding some significant omissions in the detail. Not being a technical automotive man, this makes me somewhat nervous.
Read in a separate posting that WarrantyWise are the same as Warranty Holdings. Can anyone confirm this? There are two separate entries for these at Companies House with WH correctly noted to be in administration. Of concern, however, is that the entry for WarrantyWise states that it is a "non-trading company", although its status is active. And contrary to what the rep said, the company was incorporated in Jan 2000. No previous trading names are listed. Could they have been trading before being incorporated? Really need an accountant or legal man to decipher this...surely there must be a few such RS4-driving men in our ranks?
If a reputable company like AXA underwrite the policy and WarrantyWise were to go tits up, wouldn't the policy itself still remain valid?