Preferred Warranties, Inc. (PWI) Reviews 1,030

TrustScore 4.5 out of 5

4.3

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Rated 5 out of 5 stars

From a repair facility standpoint, the people were straight forward, pleasant, accurate and didn't waste time. Solid A!

Company replied

Rated 5 out of 5 stars

Gabriel is so accommodating I always felt at ease that my job was going to be completed. He went above and beyond to look for a transmission for me and after we found one it took less than a week to c... See more

Company replied

Rated 5 out of 5 stars

When we had trouble with our truck while out of town, visiting family in Florida, we were able to take our truck to the Ford dealer and they worked hand-in-hand with preferred warranty to get our truc... See more

Company replied

Rated 1 out of 5 stars

Do NOT trust this company. Go see reviews posted on Consumer Advocacy sites. Interestingly they are straight 1 and 2 star. After three months of ownership and less than 2 1/2 months after an oil chang... See more

Company replied

Company details

  1. Association or Organization

Written by the company

When you see a pre-owned car, truck, SUV or motorcycle that’s covered by a Preferred Warranties extended protection plan, you can be sure that the vehicle – and the dealership offering it – are among the best you’ll find anywhere. Only select lots known for quality, dependable pre-owned vehicles are approved to offer Preferred Warranties protection plans.

Written by the company


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

1K reviews

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Replied to 100% of negative reviews

Typically replies within 24 hours

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Rated 5 out of 5 stars

Handled my claim professionally and…

Handled my claim professionally and prompt payment received. Thank you....

July 23, 2024
Preferred Warranties, Inc. (PWI) logo

Reply from Preferred Warranties, Inc. (PWI)

Thank you for the five-star review! So happy to hear that you are pleased with your PWI experience.

Rated 1 out of 5 stars

It took over a week to get an approval

It took over a week to get an approval. The customer uses this vehicle for work so he was without a vehicle for the time it was down. He ended up having to agree to pay out of pocket so that we could begin the process of getting it back to him.

July 23, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for sharing your feedback. We sincerely apologize for the delay in getting the approval, which caused inconvenience to your customer. We understand how important timely service is, especially for those who rely on their vehicles for work.

We are actively working on improving our processes to prevent such delays in the future. Please feel free to contact us directly so we can address this specific issue and find a way to make it right.

Thank you for bringing this to our attention, and we appreciate your patience and understanding.

Rated 5 out of 5 stars

Service Advisor

The adjuster was courteous, kind and knew what he was doing.

July 19, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for your feedback! We're delighted to hear that our adjuster was helpful! Our team strives to provide the best service possible, and your positive experience is a great testament to their efforts.

Rated 5 out of 5 stars

Had a great experience with Preferred…

Had a great experience with Preferred Warranties. I purchased a BMW around 2 years ago. I heard that European vehicles could cost a lot for repairs, so I purchased their warranty. Process was smooth and they replaced my turbo and fuel injectors. I got the value out of the warranty and then some. I still have 2 years left on the warranty. Good purchase.

July 2, 2024
Unprompted review
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for the excellent review! So happy to hear your experience with PWI went smoothly.

Rated 5 out of 5 stars

Hands down the Best warranty company to deal with as a shop owner!

I been dealing with this warranty company and other companies for a few years as a auto repair shop. PWI is by far the best from start to finish. No long waits on the phone . Very few times do they chop my part price but when it happens it"s within reason and I think it only happened twice. Everyone is pretty knowledgeable and has been in my shoes. Keep up the great job!

July 11, 2024
Unprompted review
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Reply from Preferred Warranties, Inc. (PWI)

We are so happy to hear that you are pleased with your PWI experience. Thank you for your five-star review and your kind words!

Rated 1 out of 5 stars

Working with your Company as a Service Center

I work for a repair facility that deals with your warranty company. The constant runaround your company gives, while attempting to short stores hundreds of dollars for work completed is atrocious. Phone calls are less than helpful, your coverage is a joke and the amount of roadblocks you set up to simply get authorization, or payment, makes me unwilling to accept customers with your 'coverage'.

July 1, 2024
Unprompted review
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Reply from Preferred Warranties, Inc. (PWI)

Hi John, we take all feedback seriously and are committed to providing the best service possible. We strive to handle claims efficiently and to offer coverage as outlined in our service contracts. We would appreciate the opportunity to discuss your concerns directly and resolve any issues. Please contact our customer service team at 800-548-1121 so we can assist you further.

Rated 5 out of 5 stars

Gary P

Kimberly Krammes
Great company too.

June 19, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Hi Gary, thank you for the five-star review. We are so happy to hear that you had a great PWI experience!

Rated 5 out of 5 stars

Easy to deal with

Easy to deal with , adjuster was knowligable and fair.

June 7, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for the five-star review! So happy to hear had a pleasant PWI experience!

Rated 5 out of 5 stars

Straight forward

Straight forward, easy to work with, prompt payment, level headed guys to work with

May 22, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for the five-star review! So happy to hear that your PWI experience went smoothly.

Rated 5 out of 5 stars

Very smooth transaction and thought…

Very smooth transaction and thought that they treated us very fairly. Easy to deal with and it was nice that they were mechanically knowledgeable.

May 21, 2024
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Reply from Preferred Warranties, Inc. (PWI)

Thank you for the five-star review! We are so happy to hear that you are pleased with your PWI experience!

Rated 1 out of 5 stars

DO NOT WASTE YOUR MONEY WITH THIS WARRANTY COMPANY…

We took our Ford F150 to Leif Johnson Ford with what we suspected to be transmission problems over a year ago, and they agreed we needed a new transmission. The issue was intermittent, but nonetheless Leif Johnson stated it needed to be replaced. AT THIS TIME WE WERE UNDER WARRANTY with Preferred Warranty, who came out and said there was no issue with the transmission. They refused to pay the claim in spite of Leif Johnson’s diagnosis.

Of course the exact same issue persisted over the next year, because the transmission wasn’t replaced, and our truck was back with Leif Johnson Ford multiple times. Finally our truck became un-drivable two weeks ago so we took it to the nearest dealer to where we were at the time, Covert in Hutto.

We have since learned that the transmission in fact should have been replaced when it was originally diagnosed as such, and we are faced with a bill of $9000. Our 21-year-old son did a YouTube search and immediately found the exact, known issue with our model of truck, verified by Covert’s diagnosis. Of course now the truck is out of warranty.

Leif Johnson has this documented in their service records from back when our truck was under warranty. Now we are faced with a $9000 bill that should have been covered by the warranty then. With this knowledge and documentation from while the truck WAS under warranty, Preferred Warranty refuses to cover our claim.

This company operates in bad faith. Do not waste your money on a warranty with them.

May 19, 2024
Unprompted review
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Reply from Preferred Warranties, Inc. (PWI)

We are sorry to hear you had a les than perfect experience with us. In order to better assist you, could you please provide us with a contract number or phone number? Thank you!

Rated 1 out of 5 stars

Omar learn to return your calls…

Omar learn to return your calls buddy!!! Myself and the mechanic shop has been trying to reach you cause you owe me over $3900. I keep getting told that you will return my calls but I yet to get one!!! Stop avoiding your mistake you messed up, now is your chance to make it right!!!

May 17, 2024
Unprompted review
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Reply from Preferred Warranties, Inc. (PWI)

We sincerely apologize for any inconvenience you experienced with claim. One of our representatives will be reaching out to you to address your concerns.

Rated 1 out of 5 stars

Had my truck in the shop for 3 weeks…

Had my truck in the shop for 3 weeks for a 2 and a half hour job, all from going back and fourth from mechanic to warranty company. On top of that you’ll have to pay a 100$ deductible to use the warranty you already pay for and pay for and sales tax and the diagnostic fee over 75$ keep your money it’ll be cheaper to fix it with the money you save from not buying from a warranty company.

May 16, 2024
Unprompted review
Preferred Warranties, Inc. (PWI) logo

Reply from Preferred Warranties, Inc. (PWI)

Hi Robbie, we are sorry that you feel you had a less than perfect experience with us. We will have a claims supervisor reach out to you for better explanation of your claim. Thank you for taking the time to leave a review!

Rated 5 out of 5 stars

excellent customer service

representative was great on the phone with all questions i had

May 10, 2024
Preferred Warranties, Inc. (PWI) logo

Reply from Preferred Warranties, Inc. (PWI)

Thank you for the five-star review!! So happy to hear you are pleased with your PWI experience.

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