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Automotive warranty. An automotive warranty is a guarantee provided by a vehicle manufacturer or a third party, ensuring that any defects or issues with a vehicle will be repaired or addressed within a specified period after purchase. [1] This warranty is most often an important aspect of purchasing vehicles since it provides buyers with ...
An extended warranty is coverage for electrical or mechanical breakdown. It may or may not cover peripheral items, wear and tear, damage by computer viruses, re-gassing, normal maintenance, accidental damage, or any consequential loss. [ 2] Most state insurance regulators have approved the inclusion of normal wear and tear, accidental damage ...
Verify: If you receive a piece of mail or call regarding your auto warranty, verify the legitimacy of the offer. Contact your vehicle manufacturer or dealership directly using a trusted phone ...
Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.
Two brothers who ran the top auto warranty company in the country were told to fork over a mansion, a 50-foot yacht and 14 motorcycles as partial compensation for scamming more than 400,000 ...
The Oregon attorney general is suing bankrupt Missouri-based auto warranty company U.S. Fidelis, already in hot water in nine other states who say its sales tactics were deceptive and aggressive.
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