An aftermarket warranty provides coverage for a vehicle after the manufacturer’s warranty expires. It is important to consider the price, level of coverage, and service agreement when shopping for one. Compare the cost of the warranty to estimated repair costs and check the details of the service agreement and approved repair shops. An aftermarket warranty […]
Deciding on an extended car warranty depends on affordability, likelihood of repairs, and availability of funds. Premium warranties offer more coverage but are more expensive, and financing makes them even more so. A high-yield savings account can be an alternative, but there is a risk of needing a repair that costs more than the warranty […]
To get the best tire warranty, buy the highest rated tires for the vehicle. The warranty is normally 50-75% of the expected use, but exclusions apply, such as tire wear due to aggressive driving or uneven wear due to consumer negligence. Check policies before purchasing. When looking for the best tire warranty, there are some […]
Federal guarantee laws promise to pay a debt if the original debtor is unable to pay the loan. These laws range from student loans to utilities and ensure investor confidence and stability in the banking system. The federal government indemnifies the bank that lends the money, and there are also state warranty laws that operate […]
Buying a used car warranty is easy, but it’s important to read the contract carefully and compare prices. Dealerships offer warranties, but it’s not required to buy from them. Research online for reputable companies and read reviews before signing a contract and paying for the warranty. Purchasing a used car warranty is typically very easy. […]
The Magnuson-Moss Warranty Act is a federal law that requires written warranties for consumer products to disclose their terms and conditions in common language. It aims to provide consumers with complete information about warranty coverage and encourage companies to comply with warranty agreements. It does not cover oral warranties or warranties on products sold for […]
A laptop warranty covers specific types of damage, but excludes theft, fire, and data loss. It covers mechanical defects and offers repair or replacement service. Unauthorized activity voids the warranty. Inspect the unit before coverage expires. A laptop warranty provides coverage for specific types of damage to a laptop computer. There are five things you […]
Collateral agreements involve a third party, or guarantor, who will make payments if the main person cannot. Student loans often have a guarantee agreement with the government. People with poor credit may use a co-signer. Warranty contracts offer satisfaction guarantees for goods or services, but can be difficult to enforce. Large companies usually honor their […]
A deed of guarantee is a legal document in which the seller guarantees that the property purchased is free from mortgages, liens or other encumbrances. A title search is completed to establish ownership and any outstanding mortgages, liens or judgments. Home buyers usually purchase title insurance to ensure clear title. Also known as a deed […]
Online warranties are offered by companies specializing in product protection and cover a variety of items beyond the limited manufacturer’s warranty. They are convenient, cover both new and used items, and can be purchased at a specified price. However, there may be limitations and consumers should research and read the contract carefully before purchasing. An […]
Warranty laws protect consumers from fraud and deception. Manufacturers are not required to provide a written guarantee, but if they do, they must follow guidelines. Written warranties are of two types: complete and limited. Full warranties offer a money-back guarantee or a full product replacement or repair, while limited warranties may require the consumer to […]
A dealer warranty is a promise by a seller to repair or replace goods that don’t perform as promised. It can apply to various items, not just cars. A vehicle service contract is different, as it only covers specific repairs. Dealer warranties can be express or implied, and the UCC provides legal protections for consumers. […]
A software warranty is a document that outlines a user’s rights to replace damaged or defective software, covering either the software itself or the hardware it was sold on. The warranty is often included with the end user license agreement (EULA) and can vary in its offerings and usage. It may provide extensive or limited […]
Warranty insurance covers repair or replacement expenses for items like appliances, vehicles, and electronics. It may be sold by insurance companies or manufacturers. Exclusions apply, and it’s important to compare costs and coverage. Consumers should consider if the free warranty is sufficient and not feel pressured into buying. Warranty insurance is an insurance product designed […]
A parts warranty is a legal guarantee that the seller or manufacturer will replace defective parts of a product. There are two types of warranties: express and implied. The warranty may only cover certain parts and have a specified time limit. The warranty can be provided by the seller or manufacturer, and the process for […]
Computer warranties cover certain repairs for a set period, but vary between manufacturers and models. Extended warranties may be offered by the manufacturer or third party. Standard warranties usually last one year and only apply to the original purchaser. Careful review of terms and conditions is recommended. Exceptions to warranty coverage include damage caused by […]
A breach of warranty occurs when a product’s claims or representations are found to be false. Express warranties are clear statements by merchants, while implied warranties arise by law. Breaches can occur in connection with the sale of an automobile or when a product does not perform as expected. Personal injury resulting from a breach […]
Warranty management involves creating and implementing warranties for companies to ensure customer satisfaction while making a profit. It covers warranty creation, fulfillment, and monitoring for fraudulent activity. Proper handling is important to avoid losing money on faulty products and boost profits through refurbishing. Warranty management is a professional field of practice that focuses on the […]
A lifetime warranty can vary depending on the manufacturer’s definition, and the terms “lifetime” and “guarantee” need clarification. It’s up to the consumer to understand the warranty’s limitations, especially if paying for it. Misinterpretation can lead to disappointment. Lifetime warranty is a confusing term that only means as the manufacturer defines it. In other words, […]
Home appliance warranties provide peace of mind and protection for major household items. Homebuyers pay for coverage, but sellers may offer to buy it for them. Coverage varies by provider and may include repair or replacement of certain appliances and household items. Getting a home appliance warranty guarantees the repair or replacement of certain major […]
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