New Dealer Partner Referral Program Launched by Integrity Automotive Solutions Group

IASG announces the launch of its new Partner Dealer Referral Program, offers recurring income for our referral partners.

April 7, 2010 – Integrity Dealer Services Agency, a division of Integrity Automotive Solutions Group (IASG), is one of the leading Automotive Agency’s offering a variety of financial related services to automotive dealerships and financial institutions across the United States.  Today announced the launch of its new Dealer Partner Referral Program.

The new Referral Program offers industry-leading recurring commission each month or quarter based on referred customer’s monthly volume.  Unlike other referral programs, commissions are paid on every order for the lifetime of the referred relationship with IASG. 

“Lifetime referral commissions are quite rare in our industry” says Scott Ellison, Managing Partner at IASG.  “The new program serves the dual purposes of encouraging more referral business and rewarding those who recommend us.  It’s a win-win for all involved and another example of our desire to offer customers innovative products at optimal value.

The referral program enables referral partners to choose from significant business and revenue growth opportunities without having to close the sale themselves or support the customer afterwards. 

For more information on the Dealer Partner Referral Program visit http://www.integritywarranties.com/referral.html.

 

New Month-to-Month Auto Warranty and Extended Warranty Program Launched by Integrity Automotive Solutions Group

IASG announces the launch of its new auto warranty and extended warranty program, allowing consumers to purchase these and other auto service contracts over a period of time up to the entire term of the contract.

March 22, 2010 — Savvy consumers are beginning to realize that an auto warranty, auto service contract and extended warranty purchased for a used car or truck, pre-paid through 12-, 18- or even 24-month interest free financing is an opportunity to be left exposed to the administrator’s or selling agent’s insolvency or bankruptcy, like one reported on the Consumerist Web site early this month. One company, Integrity Warranties, a division of IASG, is addressing this consumer concern with a new program that allows consumers to purchase these contracts over a period of time up to the entire term of the contract.

With a typical warranty program, any time a consumer purchases a contract, also known as an extended warranty, with payment terms that are less than the coverage term of the contract they are effectively pre-paying for these contracts. For example, if a consumer were to purchase a car warranty at a price of $3,000 that had a coverage period of 60 months yet finance the purchase of the contract for a period of 12 months interest free, the consumer would pay $250 per month for that 12 month period. Yet, the consumer’s actual monthly cost for the coverage is only $50 per month (assuming equal time and mileage of use). Therefore, the consumer is pre-paying for a coverage that is not yet earned by the insurer, administrator or the selling agent. Said another way, those organizations are collecting the money before they have actually earned it!

In this situation, the consumer still retains coverage for a period of 60 months assuming the administrator remains solvent. Generally, the purchaser of the vehicle service contract is entitled a prorated refund at any time based on time or miles, whichever is more, less cancellation fees that may apply. However, in order to receive these refunds due in full, both the administrator (and its reinsurer if one exists) and the selling agent must still be solvent and actually provide the refunds as agreed. In fact, those sellers that remain solvent still must have business policies and practices that willingly provide these refunds without government action. Several of these companies have had that type of government action brought against them. When savvy consumers avoid pre-paying for these policies they avoid being reliant on the sellers to provide these refunds.

The new month-to-month programs, also called leases, now being offered by IASG allow the consumers not only to lower the month payment dramatically, but nearly eliminate the exposure to an insolvency of the companies providing and selling the coverage.

“We felt the best way to provide auto service coverage to any consumer is to allow them to pay as the premiums are earned rather than paying in advance for the coverage.” says Scott Ellison, Partner at IASG. “We as consumers do not pre-pay for 60 months of our automobile insurance or health insurance, why would you pre-pay for your mechanical breakdown insurance?” This is why IASG has developed these month-to-month programs, as they are more typical to the way consumers purchase their automobile or health insurance. If the consumer no longer wishes to have the coverage, they simply stop paying and are not reliant on the seller for a refund from pre-paying for the extended warranties. In addition, unlike automobile and health insurance — which are generally year-to-year, allowing premiums to increase for a multitude of reasons from cost of doing business to claims made — IASG’s program locks in the premium rates for the term of the contract, which can range from 24 to 72 months. This is a huge advantage for consumers to fix the cost of coverage for many years outward.

For more information about the new auto warranty and extended warranty program from Integrity Automotive Solutions Group, visit http://integritywarranties.com/.

 

Integrity Automotive Solution Group Announces New Division for Small to Midsize Dealerships

SAINT LOUIS (March 10, 2009) – Integrity Automotive Solutions Group, LLC, today announced details of a Dealer Services Agency designed specifically for small to midsize Automobile, RV, Maritime, and Power Sports Dealerships.

“We believe that this new Division will provide the products and services that will help our small and midsize dealerships provide the same types of guarantees as the large franchise dealership” noted Scott Ellison, Partner of Integrity Automotive Solutions Group (IASG).

The new Division was created to address the fact that actual, the small and midsize independent dealers are an undeserved market.  These dealerships have many advantages over their larger competition, but they do lack some of the comforts consumers enjoy with purchasing a vehicle from a national franchise dealership.  Integrity Dealer Services Agency (IDSA) helps independent dealers fill that gap by offering solutions that will match or exceed the franchise offerings.

A Brief Offer Summary the Dealer Services Agency Division:

• We offer a unique Factory Extended Program that starts after the Original Factory Warranty, providing the customer with a true Factory Extended Plan.
• We offer a full spectrum of Extended Service Contracts from Promotional 90 Day Plans to 5 Year Full Coverage.
• We offer a Comprehensive Roadside Assistance Program that includes additional coverage for Windshield Repair, Dent Repair, Key Replacement, and Tire and Wheel (Rim) Protection.
• We offer a Lease Loan Reimbursement Program that will cover your vehicle payments if you involuntarily lose your job, or if your vehicle is out of your care due to an accident or mechanical breakdown.

For more details of our services, please contact IASG at info@iautomotivesolutions or 877-251-2650.

About Integrity Automotive Solutions Group:
Integrity Automotive Solutions Group was founded on the principals of providing vehicle with integrity, reliability and full disclosure. We only represent providers that believe in the same principals as our founders and employees. We are the leaders in our Industry in providing superior policies, customer service, and price.

IASG’s products and services are available locally through dealerships nationwide and directly through www.IntegrityWarranties.com.

 

Keeping Your Car Maintained Before the Warranty Expires

Whether your vehicle has a one year 12000mile warranty or a 100000mile bumper-to-bumper warranty experts say it’s important to ensure that your car is properly maintained and all needed repairs are made before your warranty expires.

This is especially important if you are one of the 10 percent of U.S. drivers with a Check Engine light on right now. The light can signify a problem that could cost more to repair than a whole months car payment. But dealing with the issue while your car is under warranty could mean your car manufacturer foots the bill instead of you.

Try these suggestions what to do before your car or trucks warranty is up:

Consider Extended Warranties In most cases the newer your vehicle the lower your extended warranty cost. If you didn’t purchase an extended warranty when you bought the car don’t worry you can still get one. Just remember: Not all warranties are created equal. Be sure to ask who administers the policy and if there are limitations. Also check the fine print. Will the warranty cover the retail labor rate at your favorite dealership or local repair shop?

Address Intermittent Problems One day your car is driving fine the next it stalls and your Check Engine light comes on. Then when you finally take it to the repair shop everything seems fine. The initial problem could be something as minor as a low battery or a broken Check Engine light bulb. But what if its a costly catalytic converter or transmission failure? Better to be safe than sorry.

Fix Big Ticket Items Has your car been stalling? Has the transmission been slipping? These symptoms can indicate serious and potentially costly problems even complete engine failure which could cost 2000 or more to fix. It’s best to get such repairs done before your car is out of warranty.

Keep Car Maintained and tuned up. A regular tune-up is recommended even with the high-tech performance of today’s vehicles.

What are some things that you can do to make sure you vehicle is well maintained?

1. At least once per year test ignition wires spark plugs the fuel and air injector pcv valves plus the vital sensors that govern most engines.

2. Change engine oil and air filters. The oil and air filters prevent dirt and harmful particles from damaging the engine and they should be changed at twice a year or every 5000 miles.

3. Check spark plugs. Clean or change spark plugs if they are badly fowled or if the gap shows serious erosion.

4. System Check. Assess brakes the tires and the shock absorbers at least twice per year.

Keeping your car in shape with the addition of considering an extended warranty will help you save money in the long run while maintaining long lasting vehicle.

 

Attorney General Koster sues California telemarketer

December 14, 2009

Attorney General Koster sues California telemarketer –asks court to stop calls to No-Call subscribers–

Jefferson City, Mo. – Attorney General Chris Koster today sued a California telemarketing company for making solicitation calls to Missourians who had previously placed their names on the state’s No-Call list. He said the suit came as a result of complaints filed with the Attorney General’s Office.

Koster filed suit against Credexx Corporation, d/b/a Auto One Warranty Specialists, based in Irvine, California. Koster said telemarketing calls were made to consumers in an attempt to sell products described as automobile warranties.

“Missourians who register with our No-Call list do so with the reasonable expectation that unsolicited, harassing calls will be substantially reduced,” Koster said. “This office is committed to vigorously pursuing every telemarketer who violate our No-Call laws.”

Koster said he is asking the court to stop Auto One Warranty Specialists from making calls to Missourians on the No-Call list who have no established business relationship with the companies. He said he is seeking the maximum civil penalties for each violation of the law, in addition to the costs of the investigation and prosecution and all court costs.

The Attorney General is cracking down on businesses that market auto service contracts and auto additives as warranties. In November, Koster filed suit against six businesses for tactics they were using to try to trick people into purchasing bogus auto warranty products of limited value. More investigations are underway.

Koster reminds Missourians they can sign up for the Do-Not-Call hotline  on his website at ago.mo.gov or by calling 1-866-buzzoff (1-866-289-9633). Consumers can also use that number to report harassing solicitation calls.

 

Big layoff today caps months of staff reductions at US Fidelis – Choose your Warranty Provider Wisely

Big layoff today caps months of staff reductions at US Fidelis

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Seeing Through Auto Warranty Lies

When purchasing an auto warranty, some people have the notion that they are purchasing a “special shield” of protection against anything and everything that can happen to their vehicle. However, I’d say the majority of people actually understand that there are going to be restrictions and limitations. As long as you know what those are by reading the contract, there shouldn’t be any problems. But here are a few auto warranty “lies” to look out for anyway:

“It’s safer to buy an auto warranty from the dealer” – Lie. Though it’s convenient, the prices are almost always two to three times higher than buying from a third party. And their contracts tend to have more limitations and fewer services.

“The warranty can’t be refunded.” – Lie. All auto warranties are refundable within 30 days as long as no claims have been made. So don’t hesitate to get your money back if you were pressured into buying a warranty from the dealer that you didn’t want.

“A good warranty company will pinpoint the flaws of their competition” – Lie. While it’s helpful to know what one auto warrant company offers compared to another, you should look for a company that can point out their own strong points without hesitation. It’s always better to choose a company with excellent and ethical services.

 

How to Cancel an Extended Auto Warranty – Get a Better Deal!

Many car owners purchase extended warranties, without actually reviewing what they are buying. Then, once they receive it in the mail or email and look over, they are not satisfied with the coverage and want to cancel. In some cases, the car owners were overwhelmed because of insufficient funds. Some do not know that they could get better coverage for less.

To cancel an extended warranty, you must call the company in which you purchased the warranty.  You can cancel your warranty, whenever you want. Most of the time you have 30 day money back guarantee, and receive a full refund.

If you cancel an extended warranty, do not give up hope on finding one that offers better performance for your dollar. Most likely if you want to cancel an extended warranty it is because the cost was too high and coverage is too low.  There are companies out there that offer great coverage for low cost. 

Email or call Integrity Warranties with any questions – We are always here to help.

 

Missouri AG Koster files suits against six extended warranty companies | ksdk.com | St. Louis, MO

Missouri AG Koster files suits against six extended warranty companies | ksdk.com | St. Louis, MO.

KSDK —  Attorney General Chris Koster issued a warning today regarding new tactics being used by warranty companies to get people to spend money on bogus policies.

According to Koster, the businesses marketed what appeared to
be “extended auto warranties” to consumers, but actually were
“service contracts” or “automotive additives.”

Many consumers did not realize they were not receiving auto warranties until they received the package in the mail. The companies sold the products as service contracts and auto additives with the effect of avoiding Missouri’s service contract laws, which provide some minimal protection for consumers.

According to Koster, customers who purchased “service contracts” often later realized the significant limits to coverage. Many contracts contain a 30 to 90 day, 1,000 mile period during which consumers cannot make claims, because that is considered a “pre-existing condition” of the vehicle. However, the extended service contract is only fully refundable within the first 30 days.

Customers asked for a cancellation or refund when they discovered the provider would not pay a claim after
that initial period, but were refused refunds because they were not within the 30-day cancellation timeframe. Many of the contracts have also been promoted as extending a warranty for 7 years and 100,000 miles. Koster said the companies do not tell the consumer that the coverage may be limited to the actual cash value of the vehicle. For an older, high-mileage vehicle, the coverage may soon be less than the price paid by the consumer for the contract.

For companies using the auto additive scam, customers were
sent a bottle of fluid for their car’s transmission, engine, or
cooling system, with instructions to immediately add it to the vehicle. Customers were instructed to install the additive in order for the warranty to be valid. But they later were denied a refund and told the purchase is non-refundable if the product has been used.

In effect, the companies encouraged consumers to use the fluids immediately, knowing that would nullify their opportunity for a refund. Many consumers did not request the additive and did not realize they would be sent this additive until they received the packet.

“These businesses are using a ‘bait and switch’ scheme
and preying on consumers’ fears of not having adequate vehicle
warranty coverage,” Koster said. “They lured vulnerable consumers into purchasing ‘auto warranties,’ and then switched to sell them into service contracts and auto additive warranties with inferior or negligible repair coverage, while making it almost impossible for the consumers to cancel the contract or get refunds.

Koster said the companies marketed these products using
misleading letters, postcards, and telemarketing techniques, some also in violation of Missouri’s No-Call law. He said the businesses would lead consumers to mistakenly believe their current vehicle warranties were about to expire and that they would not have another opportunity to purchase an extended warranty unless they acted immediately. Many
potential customers were not informed that the businesses were not affiliated with the dealership or manufacturer from whom the customers bought their vehicles.

In addition, some of the businesses sought to illegally
obtain the consumer’s bank account or credit card information by
misrepresenting the purpose of the information. The businesses would then cause automatic charges to consumers’ bank accounts or monthly charges to their credit cards without the consumers’ permission or knowledge.

The six businesses Koster filed suit against Thursday are: 

– National Dealers Warranty, Inc., d/b/a/ StopRepairBills.com 

– Warranty Activation Headquarters, Inc., d/b/a/ Nationwide
Automotive Protection 

– Extended Warranty Corporation, Inc., d/b/a/ Key Protection
Group 

– Dealers Warranty, LLC, d/b/a/ MOGI 

– U.S. Auto Warranty 

– Dealer Warranty Services

Koster’s suits charge the businesses with unfair and
deceptive practices violations. Some were also charged with violations of Missouri’s No-Call law. In addition, he charged National Dealers Warranty with violation of a prior Consent Judgment and Permanent Injunction issued by the Circuit Court of St. Charles County in 2008, and Warranty Activation Headquarters with violation of a prior Assurance
of Voluntary Compliance approved by the Circuit Court of the City of St. Louis in 2008.

Koster is asking the court to issue preliminary and permanent
injunctions requiring the companies to comply with Missouri’s
Merchandising Practices Act; provide full restitution to victims and to the state; and pay civil penalties and court costs.

Koster encourages consumers who have complaints about
businesses selling motor vehicle extended service contracts to contact the Attorney General’s Office at ago.mo.gov or by phone calling the Attorney General’s Consumer Protection hotline at 1-800-392-8222.

 

What Pitfalls You Should Avoid With Auto Warranty Plans

“I think you have to automatically assume a 100 percent markup,” Phil Reed, consumer advice editor at “Edmunds” said, as car dealers with warranty plans. The misunderstanding is about shopping around for an extended warranty quotes online, that those who operate exclusively over the Internet, without a formal organization.

However, car dealers give a lot of time “shopping around” online as well. One of the most lucrative aspects of car sales Industry is the extended auto warranty. Many consumers are shocked to learn that car dealerships function like any other retail outlet, marking not only the cars, but all the finer details too. It makes sense, then, to do a little homework online and find out what should be a fair price, before the hunt for cars.

A common problem is running into people, not to read the agreement and before they got work to do to understand. Know the right questions about your Warranty company is crucial, experts say. For example, ask if you can get the work done in the shop, or you have to look back for a particular certificate or in some cases to the dealer? In addition, your car for the “wear and tear” damage or just a mechanical failure is covered? They should be a comprehensive list of all parts that aren’t covered!

Sometimes you’ll find a “bumper to bumper getting” guarantee that everything with the exception of wear parts such as brakes and tires, while other times you’ll find a “power train” warranty, which covers the engine and transmission. Although it is rare that a company that provides insurance for everything, you should make sure that some of the most expensive repairs are done to find.

Secondly, you should find out if there are certain requirements that you would not be eligible to use purchased guarantee make plans. In some cases, consumers were denied their claims because they continue after its engines overheated or attached unauthorized tow blows to their cars. Sometimes when you do not get regular oil changes or fluid top-ups, then you could be at risk for vetoing your right to coverage as well. Do you know the rules and stick to it!

Warranty plans can be intimidating at first, mainly because there are so many companies to choose from. You can try to “Auto Warranty Reviews” or any other comparison site. Look at how long the warranty Company is in business and how many claims have raised them, their BBB rating, if customers such as car dealerships and banks, if they explain fully their plans with the information unless they provide written terms and conditions, if all 50 Cover states (in the event that you go and have a problem) and if there is a kind of money-back guarantee.