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Social Scout
See what Social Scout found of Warrantech
Provided by TrustFinance AI Analysis
United States
1983 (43 Years)
Last online: No recent activity
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Warrantech
Get to know Warrantech
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Summarization
Warrantech Corporation is a significant player in the extended warranty and service contract market, offering a range of coverage options for both automotive and consumer products. This in-depth review will examine various aspects of Warrantech, helping you determine if their services align with your needs.
Founded in 1983, Warrantech initially focused on automotive and consumer product extended warranties. Its strategic partnership with American International Group (AIG) in the early 1990s fueled significant expansion, allowing it to penetrate international markets, including Canada, Puerto Rico, and Latin America. The company further solidified its international presence by establishing Warrantech International Ltd. in the UK. Today, Warrantech operates as a subsidiary of The Amynta Group, a company emphasizing customer excellence and cutting-edge operational strategies. This acquisition reflects a commitment to continued growth and innovation within the extended warranty sector.
Warrantech Corporation is a Texas-registered corporation and holds accreditation from the Better Business Bureau (BBB) since April 29, 2019. While the company operates under various industry-specific licenses and certifications, detailed information on these is not readily available to the public.
Warrantech's core business revolves around providing extended warranty services across two primary sectors: automotive and consumer products.
Beyond its core warranty offerings, Warrantech provides comprehensive administrative support to its clients. This includes:
Warrantech also boasts several branded proprietary products known for their high quality within the automotive warranty sector.
Warrantech's pricing varies based on contract type and coverage duration. While specific premium rates aren't publicly available, the company emphasizes offering competitive and affordable plans. Their commitment to customer satisfaction is underscored by the 24/7 online claims submission process and excellent customer service.
Warrantech implements various discounts and promotions to attract and retain customers. These may include:
The specific availability of these discounts and offers can vary and are not consistently advertised.
Warrantech offers multiple customer service channels, including:
The company also provides multilingual assistance to cater to a diverse customer base.
Warrantech Corporation is a prominent provider of extended warranties, serving both the automotive and consumer goods markets. Its reputation is built on comprehensive coverage, affordable plans, and ongoing innovation. While some customer complaints exist regarding claims processing and transparency, these are being actively addressed. Warrantech remains a major player, offering competitive solutions to its clients.
Warrantech's services are particularly advantageous for automobile dealerships, leasing companies, and consumers seeking reliable extended warranties for their vehicles, appliances, and electronics.
