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  • Report:  #63431

Complaint Review: National Warranty Insurance Company & OmniAuto -

Reported By:
- Mill Valley, California,
Submitted:
Updated:

National Warranty Insurance Company & OmniAuto
Nat. Warranty Ins. Co.:5201 R St., Lincoln, Ne. 68504, -OmniAuto,600 East Las Colinas Blvd,. Irving, Tx. 75039 U.S.A.
Phone:
800-334-8358
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Re: Extended warranties on cars.

OmniAuto writes extended warranties on cars (generally used cars). National Warranty Insurance Co. handles the claims and insures payment of claims. But as of 6-6-03 National Warranty Insurance Co. is in liquidation in Cayman Islands Courts and cannot pay any claims.

OmniAuto of Irving, Tx. through the CEO-President, Susan Marino, will not answer mail, phone calls, fax or e-mails on what position OmniAuto will take on honoring warrnanty repair claims.

According to an AP story on 6-6-03 quoting the Insurance Commisioner of Nebraska, National Warranty Insurance Co. had 200,000 policy holders nationwide as of 6-03. OmniAuto wrote a large portion of the warranty policies. In addition, National Warranty Insurance Co. had two reinsurance carriers in the last two years: Signet Star Reinsurance Co. of the Berkley Ins. Group of Greenwich, Ct. & American Safety Reinsurance Co. of Atlanta, Ga. So far none of the companies are coming forward to pay valid claims for warranty repair. Most consumers paid around $2000 for the extended warranty.

Dennis

Mill Valley, California
U.S.A.


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