Division of Rehabilitation and Liquidation
Can I file a new claim against my automobile or service warranty policy?
No. Due to the court ordered cancellation of your automobile or service warranty policy on December 18, 2009, any pending repair costs will need to be paid by the policyholder because there is no guaranty association coverage for automobile warranties.
On December 15, 2010, the Receiver mailed letters to claimants that previously either filed a repair claim with IMSC prior to the receivership being initiated or with the Receiver after the company was placed into rehabilitation. The purpose of the letter is to acknowledge receipt of the previously filed claims and to provide assigned receiver claim numbers ("RCN"). If you receive a letter for each of your previously submitted repair claims, no further action is required by you at this time. If you do not receive a letter, you will need to file a proof of claim form in order to file your repair claim against the estate.
On December 16, 2010, the Receiver mailed proof of claim forms to a small number of claimants who had previously contacted the Receiver trying to file a loss claim. If you have a repair claim but do not receive a letter acknowledging your claim or if you don't receive a proof of claim form with the claimant type, "Loss Claim", pre-printed on the proof of claim form, the Receiver has no record of a submitted repair claim. You will need to contact the Receiver to request a proof of claim form so you can file your claim prior to the claim filing deadline of February 28, 2011.
If I previously reported my automobile or service warranty repair claim to IMSC, do I need to do anything now?
On December 15, 2010, the Receiver mailed letters to claimants that previously either filed a repair claim with IMSC prior to the receivership being initiated or with the Receiver after the company was placed into rehabilitation. The purpose of the letter is to acknowledge receipt of the previously filed claims and to provide assigned receiver claim numbers ("RCN"). If you receive a letter for each of your previously submitted repair claims, no further action is required by you at this time. If you do not receive a letter, you will need to file a proof of claim form in order to file your repair claim against the estate.
On December 16, 2010, the Receiver mailed proof of claim forms to a small number of claimants who had previously contacted the Receiver trying to file a loss claim. If you have a repair claim but do not receive a letter acknowledging your claim or if you don't receive a proof of claim form with the claimant type, "Loss Claim", pre-printed on the proof of claim form, the Receiver has no record of a submitted repair claim. You will need to contact the Receiver to request a proof of claim form so you can file your claim prior to the claim filing deadline of February 28, 2011.
How much will be paid on my claim?
There is no guaranty association coverage for automobile or service warranties.
It is currently unknown how much money will be available to pay your claim. However in order to protect your rights, you will need to complete and file a proof of claim form prior to the claims filing deadline of February 28, 2011. For additional on the Receiver's proof of claim filing process, click here.
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