The Important Clauses in a Warranty The Words Need to be Understood

vacation-rental-home-warranty-300x300-300x300

Big ticket items are part of holiday spending sprees. Washers, televisions, personal computers, and even cars are on the shopping lists of many folks. Merchants often follow up big purchases with the option of a warranty for the buyer to consider. It can be tempting, and a consumer should know the essential clauses of a product warranty.

The “Exclusion of Consequential and Incidental Damages” Clause

One clause often included in product warranties is the exclusion of consequential and incidental damages. This clause limits the amount of money the buyer can recover from the manufacturer if they experience damages due to using the product.

The “Limitation of Liability” Clause

Another necessary clause often included in product warranties is the limitation of liability. This clause limits the amount of money the buyer can recover from the manufacturer if they experience damages due to using the product.

The Coverage Clause

The coverage clause outlines what is covered under warranty. This includes specifying which parts of the product are covered and for how long. For example, a vehicle warranty might cover repairs to the engine for 5 years or 100,000 miles, whichever comes first. It is essential to be as specific as possible in this clause to avoid confusion later.

The Duration Clause

The duration clause indicates how long the warranty is valid. This is usually stated in terms of years or months. For example, a warranty might be good for 2 years from the date of purchase. Keep in mind that the warranty duration may differ from the coverage period. For instance, a car might have a 5-year/60,000-mile warranty, but the transmission might only be covered for 3 years/35,000 miles. Make sure to clarify this in the warranty, so there are no surprises down the road.

See also  5 Features of a Living Will That Must Be There

Seeking Good Advice

Group legal plans are an excellent source of information and guidance to help consumers understand warranties. Countrywide Pre-Paid Legal Services knows that warranty language can be very confusing, and a legal professional should be offering insights into the text. Therefore, our benefit includes help with warranties.

Our pre-paid legal services benefit revolves around a nationwide network of attorneys. There is a Countrywide attorney in the community of every group legal plan client, and it is simple to arrange a meeting with one. All our plan members receive top priority treatment.

A Countrywide lawyer immediately clears up any confusion about warranty language. In addition, that professional will patiently review the documents and answer any group legal plan member’s questions. Moreover, Countrywide can alert a person to problems in the paper. That warning can stop a person from buying a faulty warranty.

Countrywide can go one step further. Our group legal plan benefits include consumer protection. Here again, Countrywide provides the type of pre-paid legal services that matter. In addition, other secondary services help enhance the quality of our main offerings.

The Client Will Decide

Countrywide will explain all the services to a prospective group legal plan client. We answer questions thoroughly and point out the benefits of each option. The client’s management then decides what services will be in the final plan document, and we include them. Countrywide provides member services and administration. We have a reputation for delivering the best of either.

Warranties can be simple to understand. The clauses spell out the protection afforded to the consumer. We interpret that information as one of our pre-paid legal services benefits, and there are other options your employees can use.. If you have any questions about our plan and what we offer, please get in touch with us at your earliest convenience. We have something all your employees will appreciate.

See also  Captive Insurance for ESOP Companies