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  2. Automotive warranty - Wikipedia

    en.wikipedia.org/wiki/Automotive_warranty

    Automotive warranty claim involves a lot of processes which may include the warranty coverage, identification of issue, verification, documentation, claim submission, claim review and approval, repair and settlement. [citation needed] Warranty claims are important for consumers because they help mitigate the cost of repairs due to manufacturing ...

  3. State Farm Mutual Automobile Insurance Co. v. Campbell

    en.wikipedia.org/wiki/State_Farm_Mutual...

    State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".

  4. 5 Factors To Consider When the Car Dealership Wants To Sell ...

    www.aol.com/5-factors-consider-car-dealership...

    Here are five factors to consider before buying a warranty from a car dealership. What Kind of Coverage Is Being Offered One of the most important factors to consider is what kind of coverage is ...

  5. No-fault insurance - Wikipedia

    en.wikipedia.org/wiki/No-fault_insurance

    No-fault systems generally exempt individuals from the usual liability for causing bodily injury if they do so in a car collision; when individuals purchase "liability" insurance under those regimes, the insurance covers bodily injury to the insured party and their passengers in a car collision, regardless of which party would be liable under ordinary legal tort rules.

  6. Are car extended warranty calls a scam? - AOL

    www.aol.com/finance/car-extended-warranty-calls...

    The scam calls that are harder to identify come from a real, human caller who shares accurate details about your current car make and model, mileage, insurance, and current warranty.

  7. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    An indemnity is distinct from a warranty in that: [8] An indemnity guarantees compensation equal to the amount of loss subject to the indemnity, while a warranty only guarantees compensation for the reduction in value of the acquired asset due to the warranted fact being untrue (and the beneficiary must prove such diminution in value).

  8. If You Didn't Get a Warranty for These Things, You ... - AOL

    www.aol.com/finance/buyer-beware-9-things-never...

    1. Electronics. Having a warranty on electronics, such as smartphones, gaming consoles, and laptops, can save you a great deal of money since these devices are prone to malfunctions or accidental ...

  9. Insurance bad faith - Wikipedia

    en.wikipedia.org/wiki/Insurance_bad_faith

    For example, the 2003 Campbell decision involved State Farm's handling of litigation resulting from a fatal car accident in 1981, 22 years earlier. Another important feature of Campbell is that it powerfully illustrates how an insurer cannot avoid tort liability for bad faith by belatedly attempting to cure its breach of contract.

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