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AUTO WARRANTY ELIGIBILITY AND LENGTH OF COVERAGE
Auto Warranty Eligibility
The amount of auto warranty coverage obtainable for
a certain automobile, and how much the coverage will
cost is the automobile's eligibility. A vehicle's
eligibility will be centered on what kind of make and
model it is, age and whether features like four wheel
drive, number of cylinders and engine type. The history
of a car is also taken into account, i.e. commercial use
or salvaged titles.
There are many different kind of auto warranties. Each
policy will have different requirements and will offer
different coverage. The auto warrant provider should be
able to provide you with an affordable policy that is
specific for your needs.
Come auto warranty plans may necessitate you to purchase
additional options. This is called 'optional
coverage supplement'. Types of options that are
classified as 'optional coverage supplement' are
vehicles used for plowing snow or for towing, salvaged
cars, lemon law cars, autos with lift kits installed,
cars with V10/12 engines, police or emergency vehicles,
or automobiles used as a taxi. Every auto warranty plan
is going to be different and may include some, more or
less of the above 'optional coverage supplements'.
Make sure you know your auto, inside and out, to ensure
that you get the best policy, for the best price.
Providing the auto warranty provider with the exact
information about your vehicle will ensure accurate
price and coverage. For example, if your do not let the
auto warranty provider know that you have four wheel
drive on your car, and the four wheel drive breaks, you
will not be covered by your warranty.
Auto Warranty Length of Coverage
Auto warranty coverage is calculated in months
and/or miles. The longer the policy or the more miles
covered, the higher the price will be. Policies are
usually sold in the following terms: 120 months /
120,000 miles, 60 months / 60,000 miles or 36 months /
36,000 miles. In fact, most auto warranties are
available for 3, 6, 9, 12, 24, 30, 36, 38, 40, 48,
60, 72, 84, 96, 108, and 120 months terms. The mileage
is either going to be calculated based on what your
odometer reads or the amount of miles you drive beyond
the reading of your odometer from the time the plan was
purchased.
Auto warranty plans are constructed so that the coverage
lasts till whatever comes first, the maximum miles
covered or the length of the policy. For example, if you
have a 5 year policy with 60,000 miles, your warranty
will end either in five years, or when you have driven
60,000 miles. Knowing your driving habits will help you
select a plan appropriate for your driving needs.
If you have questions about how auto warranty
eligibility and length of coverage work, please
contact us.
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