I know I've been on the aftermarket warranty rampage of late, but things keep popping up which remind me of how careful you need to be when buying an extended warranty of any type. The latest comes from Pennsylvania, by way of Rhode Island. It seems a number of people in Rhode Island purchased extended warranty coverage from Eagle Warranty Corp., of Eynon, Pennsylvania, only to find that they had no coverage at all when a major repair arose. More than 600 people have filed an official complaint against the now-bankrupt company. We can't be sure whether Eagle was trying to scam their customers or just victims of bad business who ended up in bankruptcy court. Either way, the end result is the same -- car owners and honest repair shops left holding the bag, and the bill.
Read more here in the Providence Journal.