resigner said:
wow i was expecting it to be much cheaper than that. Doesn't make sense to me, get a small bank loan and get the OPC one. Quick online check gives me £2200 ove a year at £210 a month, £2500 total, WD one hinges on how their claims are. Anyone actually claimed?
Completely agree it should be cheaper as it doesn't carry the Porsche brand for a start, but not sure how much cheaper you think it should be, it's an
Insurance product, same as the OPC warranty, the "ExtraCare" policy I've got with all possible options added plus no excess, no betterment and £200/hr labour rate provides at least the same level of cover as my OPC Warranty for 25% lower cost. Plus the WD wear and tear cover is a nice bonus.
They're a proper company based in Reading UK, they're regulated, they have very clear policies and both my Indie and OPC told me that providing a claim is covered by their policy, WD are absolutely fine in their experience, just don't expect them to stretch beyond the letter of the policy. An independent engineer who does work for WD told me he is not sent out to find ways to avoid paying claims and he told me he advised his partner to have her Boxster covered by WD. They have 4 car policies that vary based on age at entry, it pays to study them before buying and believe me I did.
However, there's no arguing that the Porsche warranty is more Porsche owner friendly and they take a discretionary stance when you turn up with a broken car. Rather than their policy showing exactly what parts are and are not covered, they cover any "defects" but not "fair wear" taking into account the age, mileage and condition of the car. For example, my car developed an issue with one of its PSE bafflers, Porsche warranty covered it as they saw that as a defect that shouldn't have happened on a 5 year old car, even though the Porsche policy includes exhausts on their list of things "not usually" covered. The WD policy does not cover the exhaust system (which is usual practice) and they wouldn't have covered it. On the other hand, Porsche warranty would not cover the shock absorbers or wheel bearings on my car (I asked OPC) but my WD ExtraCare policy (cars up to 6 years at entry) does cover these things.
In dealing with WD I leveraged being a Porsche warranty customer and gave them the opportunity to provide cover at least as comprehensive but at a price that made it worth going with them rather staying with Porsche. This is the key IMO, WD have a general market product, it takes a little work to make it acceptable to a Porsche owner.
I have no problem whatsoever with the Porsche Warranty and for the sheer convenience of dealing with an OPC who handles everything for you and he added value of the Porsche brand, I very nearly signed up. I was in contact with with WD for a couple of weeks (I have every question I asked and answer given on email, every phone conversation they record) and found them professional and flexible. I also did due diligence to a level I was happy with so I gave them my business on this occasion. If I do need to use it I'll be happy to report back.