Quote:
Originally Posted by Boulder Bill
Hey mness, I don't know and hope to never find out, but I suspect the cap on repair is a per repair limit based on the then value of your vehicle. Which kind of makes sense to me. So, for instance, the warranty company might pay $30,000 over the life of the warranty for multiple repairs on what ends up being a $15,000 car.
But, again, I'm not sure.
I do know that I have been pleased with the response and coverage with this warranty company. I may actually buy another extended warranty going forward - this is the first time I ever thought it necessary.
Bill
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Aggregate Limit: The Company’s liability with respect to the total of all benefits paid or payable while this Certificate is in force shall not exceed the lesser of:
(1) The Vehicle Purchase Price, as shown on the Certificate Declarations; or
(2) The NADA cash value of the Vehicle at the time of the current repair.