Big ticket items are part of vacation spending. Washing machines, televisions, personal computers and even cars are on many people̵7;s shopping lists. Dealers often follow up large 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.
- “Exclusion of Consequential and Incidental Damages” Clause.
A 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 the use of 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 the use of the product.
- The Coverage Clause
The coverage clause describes what is covered by the warranty. This includes specifying which parts of the product are covered and for how long. For example, a vehicle warranty may cover engine repairs for 5 years or 100,000 miles, whichever comes first. It is important to be as specific as possible in this clause to avoid confusion later.
- The duration clause
The duration clause specifies how long the guarantee is valid. This is usually stated in terms of years or months. For example, a warranty may be valid for 2 years from the date of purchase. Keep in mind that the warranty period may differ from the coverage period. For example, a car may have a 5 year/60,000 mile warranty, but the transmission may only be covered for 3 years/35,000 miles. Be sure to clarify this in the warranty, so there are no surprises down the road.
Looking for good advice
Class action plans are an excellent source of information and guidance to help consumers understand warranties. Nationwide Prepaid Legal Services knows that warranty language can be very confusing, and a lawyer should provide insight into the text. That’s why our benefit includes help with warranties.
Our prepaid legal services benefit revolves around a nationwide network of lawyers. There is a nationwide attorney in the community for every group client, and it’s easy to arrange a meeting with one. All our plan members receive top priority treatment.
A nationwide attorney immediately clears up any confusion about warranty language. Additionally, that professional will patiently review the documents and answer any legal team members’ questions. In addition, Countrywide can alert a person to problems in the newspaper. That warning can prevent a person from buying a faulty warranty.
Nationwide can go one step further. Our class action plan benefits include consumer protection. Here again, Countrywide provides the kind of prepaid legal services that matter. In addition, other secondary services help improve the quality of our main offerings.
The customer decides
Countrywide will explain all services to a potential Group Legal Plan customer. We answer questions thoroughly and point out the advantages of each option. The client’s management then decides which services should be included in the final planning document and we include them. Countrywide provides membership services and administration. We have a reputation for delivering the best of both.
Warranties can be simple to understand. The clauses specify the protection given to the consumer. We interpret that information as one of our prepaid legal services, and there are other options your employees can use.. If you have any questions about our plan and what we offer, please contact us as soon as possible. We have something that all your employees will appreciate.