Auto Warranty Terminology
Administrator
When referring to extended vehicle warranties and service contracts, this is the company or people that will be responsible for the day-to-day operations necessary to fulfill the warranty or contract agreement. Some companies serve only as a sales office and rely on an outside administrator for their plans. Warranty Direct both sells and administrates all parts of its extended auto warranty plans.
Bumper to Bumper
Deductible
The portion of any warranty plan, service contract, or insurance plan that the member must pay out-of-pocket as part of any repair. Warranty Direct's extended warranty plans offer a variety of deductible options to fit your needs. The deductible is paid per visit, even if there are multiple repairs.
Extended warranty
A service contract is a promise to perform, or pay for, certain repairs or services. Although a service contract is sometimes called an extended warranty.
In Service Date
This is the date when a vehicle is placed into operating service. Typically this date is defined by the date the vehicle was first purchased and driven off the lot.
Powertrain Coverage
The powertrain of a vehicle includes the engine, transmission, and drive axles. Not only do these components sustain high levels of wear and tear during normal use of a vehicle - they are also some of the most expensive components to repair. The Powertrain coverage is highly recommended for anyone with a newer vehicle that may still be under manufacturer's warranty and are also planning to keep/drive the vehicle after the original warranty expires. Routine maintenance and repairs are not covered.
Vehicle Identification Number ( VIN )
All vehicles are assigned a VIN when they are manufactured. They are used to uniquely identify all vehicles. VINs are recorded in accidents, insurance records, and when work is done on a vehicle by a body shop, dealership or mechanic