WARRANTY WRAP: COVERS THE PARTS OTHER POLICIES CANNOT REACH







Published by Gerald Ferreira Date: July 11, 2012
Categories: General News

Warranty specialist, Warranty Direct, has launched a unique ‘top-up’ policy, which augments existing cover by providing peace of mind where the original warranty falls short.

Tailored to every customer’s specific needs, ‘Warranty Wrap’ will upgrade any policy to include protection for failures caused by wear & tear, overheating, consequential loss/damage and components often overlooked like turbochargers, electrical systems and air conditioning units.

Most competitors’ direct-to-consumer warranty policies feature significant gaps and loopholes which leave the motorist liable. For example, some may cover the cylinder head of a vehicle, but will exclude failures due to overheating.

Moreover, as manufacturers increasingly provide longer-term cover than the traditional three-year period, the level of protection often diminishes with time and can be rendered useless by mileage limitations.

Because Warranty Direct is able to fill the gaps that other policies leave open, Warranty Wrap is an inexpensive and fully insurance-backed way of expanding your existing vehicle warranty cover, whether your policy is provided by a manufacturer or independent firm.

Warranty Direct Managing Director, Duncan McClure Fisher, says: “If a driver owns a Chevrolet, Hyundai, Kia, Toyota or a Vauxhall, or has existing cover via a dealer or an aftermarket provider, the chances are that Warranty Wrap will offer significant additional cover.

“Manufacturers which offer longer policies, usually between four and seven years, often won’t cover wear & tear items or cars that overheat and the protection can tail off after three years, meaning drivers could discover that they’re liable for the cost of repairs.

“Many policies which are sold with used cars or are offered for free can be patchy to say the least; it is well worth looking at your cover and ‘wrapping’ it if necessary.”

It is available as a 12-month policy and can be bought, or renewed, up until a car is seven years old or has 75,000 recorded miles (or up to 130,000 miles while a car is on cover).

With the recent demise of Saab, Autoquake and MotorCare Elite, Warranty Direct advises drivers to be certain their policy is fully insured and therefore regulated by the Financial Services Authority (FSA).