Need advice on FCPP First Canadian Protection Plan

[Tuco]

We are buying a new RV and they asked if we want to buy the extended warrianty from FCPP. Does anyone have any experiance with this plan???

[Selkirk]

Fourteen hours later, and still no response from anyone!

Sorry, I know nothing about FCPP. However, when it comes to buying extended warranties, I always advise to 'tread cautiously'. Many extended warranties are not worth the paper they're written on, and the number of auto warranty companies that have gone bankrupt in the last few years has turned a lot of people off the idea.

Here's a few links for you ...

http://www.wheels.ca/TADA/article/167044
http://www.ehow.com/how_17714_determ...warrantys.html
http://www.redflagdeals.com/forums/f...please-563987/
http://ezinearticles.com/?Is-a-New-O...It?&id=3059702
http://en.wikipedia.org/wiki/Extende...S.A_.26_Canada
http://brianx.com/lifestyle/extended-warranties.html
And Google will give you a whole lot more; http://www.google.ca/

Hope some of that ^ helps,

TF

[Piker]

We just purchased a new r.v. and got the warranty on the finish of the unit. If we do not make a claim on it in 6 yrs. we get the whole amt back. we also got the warranty on the unit itself. [I] am not sure of the company or the price as we have not brought it home yet. The warranty does not kick inuntil we drive it off the lot. Piker

[The Elkster]

Good luck in 6 years. I suspect the fine print will dictate something other than a full refund. No company is going to cover people for free. Being that most of these warranty companies are independant from the RV place how are they making money if only those that make a claim have to pay. If something seems too good to be true it usually is.

Put away the money you'd spend on an extended warranty and use that to cover any repairs after the regular warranty period is up. Generally most stuff will go early (appliances, leaks etc) if its going to go and therefore is covered by the standard RV warranty. Take a very close look at what the extended warranty will actually cover and keep in mind you'll have to prove things like wear and tear damage as opposed to faulty equipment. I've known too many people who have paid big money for warranties only to have claims turned down on account of anything under the sun. Once these companies have your money they are in the drivers seat and they know it. Don't like it...sure you can spend 10k in court to TRY to get your 2k back or a 2k claim honored.

One other thing to keep in mind is that warranties rarely cover labor and often times that that cost eclipses the parts costs so an extended warranty at best may only cover a fraction of any repair bills.

Just some thoughts

[RUBBERDUCKY]

I deal with f.c.p.p on a daily basis in car and truck industry, they are fine to deal with, if you get a detailed list of whats covered and not, get the plan # from the dealer, and call them, they will give you a list of whats exactly covered, and whats not,

heres the # 1-800-381-2580

i talk to them all the time, and for the most part, they will cover just about anything, depending on the type of plan you purchase.

[beerhunter]

The warranty company is good FCPP. I have even seen many customers get their money back when they haven't used the warranty over the full term.

The cost of the plan does cover parts and labour. Its a common sense warranty if it doesn't work they fix it. If you broke it too bad. Lots of stuff to go wrong in an RV, plumbing, electrical, appliances etc. Each time you take it out it has an earth quake inside. Things happen when these things bounce down the road. You chose what works for you. It is good piece of mind.

[schmedlap]

Originally Posted by The Elkster

Good luck in 6 years. I suspect the fine print will dictate something other than a full refund. No company is going to cover people for free. Being that most of these warranty companies are independant from the RV place how are they making money if only those that make a claim have to pay. If something seems too good to be true it usually is.

Put away the money you'd spend on an extended warranty and use that to cover any repairs after the regular warranty period is up. Generally most stuff will go early (appliances, leaks etc) if its going to go and therefore is covered by the standard RV warranty. Take a very close look at what the extended warranty will actually cover and keep in mind you'll have to prove things like wear and tear damage as opposed to faulty equipment. I've known too many people who have paid big money for warranties only to have claims turned down on account of anything under the sun. Once these companies have your money they are in the drivers seat and they know it. Don't like it...sure you can spend 10k in court to TRY to get your 2k back or a 2k claim honored.

One other thing to keep in mind is that warranties rarely cover labor and often times that that cost eclipses the parts costs so an extended warranty at best may only cover a fraction of any repair bills.

Just some thoughts

Not to say this particular outfit is bad, in any way, but ...? READ the paper thoroughly and understand it - if you don't, find someone who does.
Personally, I think most of such things are not good deals for the ordinary buyer/user. Now, if you are going to use "hard" and put a relatively lot of miles on quite quickly, they can be a net value, if the warrantor is still around when you make a claim.

[skiwili]

I am glad I cancelled my rv extended warranty within the first 30 days. The reason I cancelled is that FCPP wants me to have the RV inspected by the RV dealers only every year.

[Ddawg]

I purchased a f.c.p.p. 5 year extended warranty on my RV in 2007, the trailer came with 2 yr manufacturers warranty. We never made a claim, we had two options: A. 100% back on in store purchases at the RV dealer. Or Option B. 60 % cash back, and you must apply with in 30 days after the policy expiries to get it back, if you are late no cash. If I had to do it again, I would pass in the extended warranty and put the money away for repairs.

[Radiolad]

I work at a dealership that sells FCPP and know the plan inside and out. I don't know what the RV place was doing when they said 100% in store or 60% cash back ( unless the RV plans are different from the car and truck but I don't think they are )......this is how it works.....

You get up to 2000 dollars back minus your deductible. If you paid 2500 for the plan and have a 200 dollar deductible then you would get 1800 cash back....period.

I have seen MANY people get their money back for this plan if they don't use it. It's not a bad plan but sometimes you do have to pay for something small that is associated with the larger part that is being covered.

As with anything on the internet, people don't go out of their way to write a glowing report about warranties....you only hear or read about the bad experiences but never hear about the good experiences which I truly believe far outweigh the bad ones.

When was the last time you had a friend or neighbour come up to you and say "my vehicle broke down and the warranty covered it....I am so angry!!"

Bottom line....is the plan perfect....no....is it decent coverage that should help you out of most binds....yes.

Just my 2 cents

[Bigbuckwsm]

I've had good luck with them, 3 camper jacks and they are replacing my slide mechanism, parts and labor for the slide is $3300 and &500 a pop for the 3 jacks. All happy jac products!

[canuck2a]

Be careful with the warranty we had it on our holiday trailer. I thought I would get the whole amount back after warranty was up cause we never had to use the warranty but never did. That was the only reason we went with it was the possibility of getting back, but they have so many loop holes to get out of paying you. Unless buying a motor home I cannot see the benefit of such warranty. Just my 2 cents.

[Hiwa]

I bought a disability plan from that company for $1200 when I bought my Jeep. 3 years later my back screwed up and I couldn't work for 6 months. After a S-ton of paperwork, doctors notes, prescription copies ,etc. and months of waiting and I finally back to work , I got a claim cheque from them 3 weeks later.

The amount was $1200.

I learned my lesson. IF I ever buy from a dealership again ( doubt it) , when it comes to dealing with the finance dept. at the dealer , I will refuse every single option they offer me other than my regular payments for the vehicle if I can't pay in full , and even then I would probably be better getting the money elsewhere.