Differences Between Exclusionary and Named Component Warranties
Bumper-to-bumper auto warranties represent the highest level of coverage available. Be careful, many companies use this term quite loosely. By definition, a bumper-to-bumper plan is exclusionary, that is, it will only list the parts NOT covered, just like your factory warranty. Make sure to read the full list of the exclusions as they are not all the same. If an extended warranty lists the items that it covers, it is NOT a true bumper-to-bumper warranty.
Named component auto warranties (there are many different levels of named component coverages) will list the parts that are covered. If a part is not on the list, it is not covered. You can buy an extended car warranty with as few as 50 or so parts covered to as many as 750 with varying levels in-between. Don’t be fooled, while a named component automobile warranty may look as complete as a true bumper-to-bumper warranty, they are not nearly as comprehensive.
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Filed under: Extended Car Warranty Coverage





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