Glossary
Because "exclusion" sounds harmless until it starts explaining why your repair bill is not covered.
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A bumper-to-bumper warranty is a comprehensive type of coverage that covers most components between the front and rear bumpers of a vehicle.
Related: Powertrain Warranty, Vehicle Service Contract, Exclusion, Factory Warranty
A deductible is the amount you pay out of pocket per repair claim before your auto warranty or vehicle service contract pays the remaining covered cost.
Related: Vehicle Service Contract, Exclusion, Waiting Period, Coverage Limit
An exclusion is a component, condition, or situation that is permanently removed from coverage under an auto warranty or vehicle service contract.
Related: Vehicle Service Contract, Deductible, Waiting Period, Pre-Existing Condition
A factory warranty is a manufacturer's promise to repair or replace certain vehicle components that fail within a specified time or mileage period.
Related: Bumper to Bumper Warranty, Powertrain Warranty, Vehicle Service Contract, Exclusion
A powertrain warranty covers the engine, transmission, and drivetrain components that make a vehicle move. It is typically less comprehensive than a bumper-to-bumper warranty.
Related: Bumper to Bumper Warranty, Vehicle Service Contract, Exclusion, Factory Warranty
A vehicle service contract is a contract that covers the cost of certain mechanical repairs on a vehicle, typically after the factory warranty expires.
Related: Deductible, Exclusion, Waiting Period, Powertrain Warranty
A waiting period is the amount of time between purchasing an auto warranty and when coverage officially becomes active.
Related: Exclusion, Deductible, Vehicle Service Contract, Powertrain Warranty