What warranty options are offered and what are the differences?
Nations Warranty Group offers two of the most popular coverage plans available on the market today! Technically, the two options are an “exclusionary policy” (New Car Warranty Coverage Plan) and a “name component policy” (Used Car Warranty Coverage Plan). The exclusionary policy is commonly referred to as a bumper-to-bumper plan and covers everything on your vehicle except components specifically listed in the agreement as being excluded. The list of excluded components consists mainly of routine maintenance items. On the other hand, the name component policy covers only those components listed as being covered in the agreement. A name component policy is intended to cover the major items on the vehicle compared to the exclusionary policy that covers virtually everything.
Great Atlantic Warranty offers two of the most popular coverage plans available on the market today! Technically, the two options are (1) “exclusionary policy” (New Car Warranty Coverage Plan) and, (2) “named component policy” (Used Car Warranty Coverage Plan). The exclusionary policy is commonly referred to as a “bumper-to-bumper” plan and covers just about everything on your vehicle except components specifically listed in the agreement as being excluded. The list of excluded components consists mainly of wear and tear plus routine maintenance items. In summary, a named component policy covers only those components listed as being covered in the agreement. A named exclusion policy covers virtually everything except wear and tear plus routine maintenance items..
