OK, so my ten years in a dealership get to finally come in handy for something other than getting my friends great deals on cars! Woo Hoo!!

Here is the deal on warranties ... depends on your state. In some states, like Florida, your warranty is treated as insurance so the warranty company has to keep a percentage of the funds in a secure account for future warranty claims even if the company goes out of business. Other state, like Georgia, are less regulated. One of the easiest way to know is if you were able to negotiate on the warranty. Secured warranties have the prices typically registered with the state, like insurance, and are non negotiable. I only know the rules in a few states, so I would check to see how your state is regulated. Anyone with a Florida based warranty is going to be good to go!