There isn’t anyone in the world that like paying for insurances and warranties. And, if you are a victim to insurance and warranty company fraud, then it is even harder to realize that you have wasted money.
It is important that you are getting help as soon as possible when you realize that you were scammed. But, before you can know where to get assistance, you need to know everything about insurance and warranty company scams.
We are talking about those insurance and warranty policies that you are signing when you are purchasing a car. It can be a secondhand vehicle or a brand-new vehicle.
Normally these insurance policies are saying that if you are servicing your vehicle you will be able to get your vehicle repair if something breaks. Some might not even realize that most of these insurance policies are turning out to be scammed. Those that were a victim, will know that there is a way too many people that are falling for this scam and that insurance an warranty company recovering your funds is going to be impossible.
The warranty can be from any company that is promising that they will repair the product if this is broken. But, when the product really breaks, then they are not going to pay for the repairs. You should have read the terms and conditions, is their normal answer.
You need to realize that when you are signing an extra insurance policy on your vehicle, that you are going to pay a huge amount of money over two or three years. And, how many times are your new vehicle is really going to break during this time?
The money that you are paying for the “free” repairs, could have been paid by yourself if you have saved that money in an additional account. And, if you were taken for a ride with the insurance company scam, you might even lose that money, and need to pay for the repairs yourself.
If you want to avoid falling for the insurance and warranty company fraud, you need to make sure that you are knowing all the facts before you are signing any contracts. Especially, when it comes to insurance policies.
You should read the terms and conditions clearly and make sure that you know if they are really going to repair the faults on your vehicle. You should also read as many reviews as possible to ensure that other people didn’t report the company as a scam.
However, if you didn’t double check the company and you are a victim of the insurance and warranty company scam, then you might think that all that money is lost. That you lost the premiums and that you are going to pay for the repairs on your vehicle yourself.
Now, the good news. There is a way on where you can get some assistance for insurance and warranty company recover your funds. It might not be an easy and fast way of getting a refund, but the money isn’t completely lost.
If you know for sure that you were one of these victims, you should make use of the chargeback service. With this service, you are getting professional assistance that will ensure that you are going to get your refund for the money you have paid for the insurance policy. Everything isn’t lost. There is really some hope in getting some money back.
There is just one thing that you need to know. That there are some things that you should qualify for before you can make use of chargeback. The moment that you know that you qualify, you can apply for chargeback and you will get the assistance you need for insurance and warranty company get your money back from a scam.
The minimum amount of money that you can claim is $5,000 if you have paid the insurance company via credit or debit card. If you have paid it via bank transfer, you needed to deposit a minimum of $10, 000.
The last thing that you need to do, to qualify is to have proof of communication between you and the agent. You need to prove that you were trying to get a full refund on the money you spend on the insurance and warranty company scams. Any proof, like emails, phone statements, or letters are enough to prove that you were communicating with them, requesting your money back.
You will have a good chance of getting your money back if you qualify for making use of chargeback for the insurance and warranty company fraud. The time that you are going to wait for your refund will depend on how difficult the case might be. Some cases are a lot easier to resolve than other cases. The only thing that you should know is that you should be patient and giving them all the necessary information.
Not many people realize that there is something like an insurance and warranty company scam. This is where you are paying for a warranty that you can’t use at the end of the day. Insurance and warranty company fraud is real. But, you don’t need to worry if you were a victim to these scams. With chargeback, you will be able to open a case to recover your funds.