TOCO WARRANTY/AMTRUST FINANCIAL AMTRUST FINANCIAL, WARRANTECH SCAM, SCAM, SCAM, SCAM, SCAM SHERMAN OAKS, NEW YORK CITY Nationwide

I initally called this company to inquire about how their services work.  The commercial made it appear as though they help people fix their cars.  However, when I called the company, they started giving me scare tactics about how if my car breaks down, my transmission REPAIR IS 3k and my transmission is 5k and so being a car owner for 43 years I started to get a little skeptical about this form of selling. 

I have owned 8 cars myself, brand new and previously owned, and not one single one of them had an engine or transmission failure.  My children and family have not EVER had a TRANSMISSION or ENGINE problem, neither has any of my friends.  Car companies wouldn't be in business if they build cars where to TWO MOST IMPORTANT components of the VEHICLE were NOT RELIABLE.  Now even if you have an older car with high mileage, what makes more sense? 

Pay yourself $60/$80/ or in my case $186 (FOR A BMW) a month AND then IF the car ever does have a problem I have the money to repair it or at least a down payment on a new car OR give it to this SCAM company who is just going to look for a LEGAL WAY to get out of my REPAIR.  This is LEGAL, they have enough money backing them because this industry is so profitable that they are LEGALLY ripping US off.  This company AMTRUST realizes that if they can throw enough money at this industry comprised of SCAMMERS, CROOKS and SHYSTERS, they can make a lot of money. 

You would think being a reputable company, I am very familiar with AMTRUST FINANCIAL, they would never open up a division that completely rips people off.  Then again a business is in business to make money and if you look at the very known story of US FIDELIS, you will see just how long these companies can rip people off without any repercussions.  If you think calling your attorney general is going to solve the issue and protect consumers from being LEGALLY ripped off, I ask you to show me or tell me how many individuals were locked up during the banking scam that almost wiped out the country?

No intelligent middle class or upper class individual would ever spend one dollar on a policy like this.  Wonder why your life is a constant struggle it's because you believe what you see on TV and hear on the RADIO an like they always say if it is too good to be true, IT IS.  

I lost out on $1674 because I paid my monthly bill and then my alternator went out and they denied my little $748.99 claim.  I don't know what changing my oil and keeping my receipts has to do with my alternator but that is why they denied my claim.  I couldn't provide them maintenance records.  I don't care how you try an explain that to me, there is absolutely no logical answer other than your company is a SCAM, SCAMMING people out of their hard earned money on the false premise that  you will help them get and keep their automobiles on the road.

But as I am writing this I realize the ones smart enough to do the research on a company before handing them a penny is now the type of person who is going to sadly give these scammers their money.  Caution:  the salesman I spoke too was your typical loud and fast taker, however, he seemed honest, candid and sincere and was good enough to have an answer for every concern I had, which are described above.  I knew most of this going in, but this salesman was one of the best I have ever experienced in my life.

Just read:   Consumer Reports, US FIDELIS search, Warrantech Search, check with your credit union, bank, dealership, AARP, STATE FARM, AAA or talk to your MECHANIC about how they feel about 3rd party warranty companies.