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Conversely, mechanical breakdown insurance does not cover costs associated with towing your car. However, if your car breaks down due to a mechanical malfunction such as a dead battery, you can ...
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
The FTC specifically identified that informing consumers that warranties are voided if they break a warranty sticker or seal on the unit's packaging, use third-party replacement parts, or use third-party repair services is a deceptive practice, as these terms are only valid if the manufacturer provides free warranty service or replacement parts ...
As far as insurance in the United Kingdom, the Financial Services Authority took over insurance regulation from the General Insurance Standards Council in 2005; [69] laws passed include the Insurance Companies Act 1973 and another in 1982, [70] and reforms to warranty and other aspects under discussion as of 2012. [71]
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One person notes how “everything is getting smaller,” while another points out “$20 is the new $5,” and one simply states: “I can barely afford to think.”
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