Status On 1SourceAutoWarranty Claims As Of 2/14/2008:

Liquidator has petitioned the court to approve cash disbursements

A tentative settlement agreement was reached between the Liquidator of PrimeGuard, and all other entities involved.  Liquidator’s Petition for Final Order and Judgment Approving Liquidator’s Settlement has been submitted to the bankruptcy court. The Liquidator’s Petition will be heard on March 5, 2008. Keep in mind there is only a few hundred thousand dollars in frozen assets, and nearly $300,000 in legal bills.  It is unlikely that anyone who is owed money would get much of anything at all.

History of the failure of 1SourceAutowarranty

On December 19, 2005, the Court of the State of Hawaii issued an Order of Liquidation of PrimeGuard Insurance Co., the insurer who backed 1SourceAutoWarranty. The Order restrained PrimeGuard from insuring any warranties issued by First Assured, 1Source or any other warranty company. First Assured and 1Source were shut down as a result. We recommend you visit this page often to stay up to date with developments, and especially you must check the State Of Hawaii link below every 2 weeks. You must file a separate claim with both the Federal bankruptcy court in Colorado and the State liquidation court in Hawaii by any applicable deadlines, in order to have it considered by each court. Thus far, only the State liquidation court in Hawaii has established a deadline to file claims.

If you are a Florida 1SourceAutoWarranty customer:
If you live in Florida and bought a warranty from 1SourceAutoWarranty, you may still be able to get your auto warranty claims fulfilled, because contracts sold to Florida residents are managed by a different Florida registered warranty administrator, as 1Source could not sell directly in Florida, and there should be a guaranty bond in place. Florida has the strictest requirements on Extended Warranties of any state.

Claims no longer accepted by 1SourceAutoWarranty:
The First Circuit Court of the State of Hawaii approved the official claims filing procedures and forms.
IMPORTANT: November 30, 2006 was the deadline for filing your One Source Auto Warranty claims with the Liquidator.

Go to the State of Hawaii Insurance Division’s informational Site for 1SourceAutoWarranty

(800) 406-6144.
PrimeGuard Insurance Co. - In Liquidation
C/O State of Hawaii
DCCA - Insurance Division
P.O. Box 3614
Honolulu, HI 96811

There probably are funds in the PrimeGuard bank account, the question is how much. Once Hawaii collects all vehicle warranty claims and verifies how much is in the account, they can begin to disperse whatever funds are there, with no guarantees of which auto warranty customer will get paid. I suggest you collect all your support documentation now, like service invoices indicating paid status. You need proof that you paid, so a receipt or credit card statement is needed. We don't know how long it will be until the liquidator is ready to take your claim or if it will be processed at all.