Allstate extended warranties on new vehicles

[wtnhunt]

Anyone here had any experience with them?  

We had planned on buying from a local dealer that offered a lifetime powertrain warranty and were willing to pay a little more, but they could not get us the truck we wanted.  We bought a new truck over the weekend and while I don't normally do extended warranties I am interested in this allstate plan.  The finance manager was not at all pushy, and only even offered this information after my mention of the lifetime powertrain at the local dealer.  We went with the duramax coupled with the allison 10 speed.  We can still add the warranty, $2800 roughly and picks up after the bumper to bumper ends.  Has a $100 deductible, but covers pretty well everything for 10 years.  Had we not gone with the duramax I probably would not consider it.  We had allstate insurance for a while and did have one issue with them, but they did always take care of us on the few occasions we needed them.  On the other hand allstate supposedly backs square trade warranties, and they have poor ratings with that.  I have had issues myself with a sq trade warranty on my 19 year old daughters phone, cannot get a live person.  

[elkoholic]

William, I believe that having a good local agent who will go to bat for you is the best insurance buffer to have.  As for the warranty itself, as you know, it is a gamble.  The $2800 over ten years is pretty inexpensive at less than $300 per year.  I guess factoring in usage and projected mileage would be a factor along with whether or not it is financed or a cash deal.  Also, would the work have to be done at the dealership and any factors that would limit coverage.  Have had no issues with Allstate with regular liability, collision, comprehension, or uninsured motorist (the one needed) coverage and the local agent handled it all.

Enjoy the new truck!

[wtnhunt]

Thanks Dave.  I know it's a gamble, but I also know I am probably in over my head with any failures that might come up with this thing.  We will probably add the allstate warranty just for peace of mind after the 5 year 100,000 factory warranty falls off.  With what we saved off the msrp, I feel like even with adding the extended warranty we will come out pretty well on the deal.

27 minutes ago, elkoholic said:

Also, would the work have to be done at the dealership and any factors that would limit coverage.

The way I was to understand, the work could be done anywhere.  This dealership was very straightforward, no games. 

Now I just need to find some time to sit in it when I am not driving and figure out all the buttons.