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What Is A Car Warranty Policy? |
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Our definition:"A car warranty starts the day a new car is purchased from the
manuaftcurer. This warranty coulsd last between 3 and 5 years with options to extend the period of cover. Restrictions to mileage
within this period range from 50 000 miles to 80 000 miles and the main purpose of the warranty is to provide the car buyer with
protection from terminal engine faliure or parts fatigue due to manufacturerer error withing a specified period. Some companies
also offer Extended Car Warranties or Used Car Warranties for vehicles up to 12 years old or a mileage no higher than 150 000 miles.
Most common would be a limit on mileage to around 85000 miles. You can buy a warranty direct from an insurance company or insurance
broker once your standard warranty has expired."
Click4Warranty definition:"Mechanical Breakdown Insurance (MBI) or Warranties are designed to protect you against
the costs of sudden and unforeseen failure of specified components of the motor vehicle. Your Click4Warranty policy pays
toward the costs of parts and labour for repair or replacement of an insured component."
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