| Frequently Asked
Questions |
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 If
the FAQ is checked, this specific information is supplied in your
" E" Quote
Types of Warranties
Bumper
to Bumper (Exclusionary): These types of plans just state
specifically "what is not covered". This is the broadest
and simplest coverage
to purchase. As many vehicle makers have different names for parts,
you need
not find the exact nomenclature. If the part in question is not
listed in
"what's not covered" there are no grey areas. This plan
is always available
for vehicle currently in warranty. At Auto Advantage Inc. we also
offer this
plan for vehicles out of warranty, meeting certain criteria. When
we provide
your quote, we offer the highest level of coverage available for
your vehicle.
Component: These types of warranties specifically mention "what
is covered".
The service agreement lists all covered parts. This plan generally
is available for
most used vehicles. When we send you your quote, exact coverage
are defined.
Transferability:
This means you can transfer the warranty, when you
sell your vehicle to a private party. This greatly enhances the
price you can
sell your vehicle for, as well as generating many more potential
buyers than
a vehicle without a warranty. All our plans can be transferred
A.M.
Best Rating: This company gauges the financial health
of a insurance
company. They are a good independent source to find out about a
specific
insurer. You can visit their website at www.ambest.com
Administrator: Handles all your warranty claims on your extended
warranty.
Underwriter:
This is the insurance company that provides financial
backing of your warranty. If any financial crisis develops they
have a
contractual obligation to pay any and all claims. All our warranties
are
backed by the highest rated insurers in the industry, to provide
you with
long term financial security.
Deductible:
This is the portion of repair that you are responsible for. Generally
most warranties have a $50 deductible, which means you pay the first
$50 of the repair.
Deductibles can be per visit or per repair. You want a plan that's
per visit, so if more than
one item is repaired, the deductible stays the same. At Auto Advantage
Inc. all are plans
are per visit.
Policy
Length: The time and mileage of your selected warranty
is offered in three ways.
Some plans start from zero mileage and from the first day the vehicle
is new (wsd).
Other plans offer additional time and mileage. Which means it is
additional to the
mileage on your vehicle and starts when you buy the warranty. A
third type of plan offers
additional time from when you purchase the warranty and up to a
selected mileage which
starts from zero. We always let you
know which type of plan in our "E" quote.
"E" Quote: a comprehensive custom extended warranty quote
WSD: This is when a vehicle
was first palced in service, as a new vehicle. WSD stands for
warranty start date. To find your exact warranty start date you
can call the vehicle manufacturer,
just have the vehicle identification number ready.
VIN: This stands for Vehicle
Identification Number. This serial number is assigned to every car
when new.
This is 17 characters long and contains a combination of letters
and numbers. There is never a letter I or O. If you VIN contains
I or O, it is the number one and zero.
Auto Advantage Inc.
Toll Free: 1-800-419-3499
Fax: 1-800-615-0366
E-mail: info@autowarranties.com
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