GMPP is an excellent coverage and even though they are just shy of my preferred A- or better AM Best rating, they are my #1 pick because of the personal experience that I've had with them at the dealer I work for. I'm guessing the B++ rating (a solid rating) is due to recent restructuring.
They are simply the best I've worked with in over a decade in the car business. Great customer service, easy claims handling and overall no hassle.
You can get your Never Pay Retail quotes from me and learn more about their coverages here GM Extended Warranty.
2) Vehicle One
An easy choice at #2 for these extended auto warranty reviews, is Vehicle One. Vehicle One is administered by Universal Warranty Corp and is a wholly owned subsidiary of GMAC Insurance.
Their premium coverage is similar to that of GMPP Major Guard (top of the line), but with some minor differences.
Not only do they have great comprehensive coverage offer very competitive pricing for domestic vehicles, but they are extremely competitive for imports (Honda, Toyota, Hyundai, BMW, Mercedes, etc.).
You can learn more and get your Never Pay Retail quotes here: Vehicle One warranty quotes.
3) Warranty Direct
Warranty Direct has been doing this a long time (also the largest online provider)and they've paid close to $600,000,000 in claims in their nearly 30 years in business.
Warranty Direct came in third in these extended auto warranty reviews simply because I have not had nearly as much personal experience with them as I have with GMPP and Vehicle One.
They are the largest online warranty company, have fairly competitive pricing (compared to other online warranty companies) and they offer excellent customer service.
DriverZEdge is all in all a good company, but they do tend to put up a little bit of a fight when it comes time to file a claim.
Oftentimes, the customer never knows about this, but the service department is left with a headache from the struggle. Usually it ends with them getting paid 100% for their services.
They like to send inspectors out for many claims, fair enough, but this can sometimes delay repairs.
5) First Extended Service Corp.
First Extended Service Corporation is a hit or miss. The problem that occurs is not with First Extended (the administrator), but with the dealership that is paying the claim.
Dealerships actually self insure and pay claims out of their pocket and Virginia Surety acts as the safety net in case the dealership goes bankrupt. What this means is that the dealership ultimately decides what gets fixed, what doesn't and the hourly rate they are willing to pay. This can cause major problems for the consumer.
Be sure the coverage that you buy is comprehensive and that the dealer pays stated labor rates at other repair facilities.
I hope these extended auto warranty reviews were able to not only show you some excellent companies to buy coverage from (and some to possibly avoid), but the importance of comparing coverages prior to purchasing.