So many car warranties have ‘hide and seek’ clauses hidden somewhere within the small print that consumers often feel like they’re playing children’s games just to get their broken down vehicle seen to. Two of the main culprits are the ‘wear and tear’ and the ‘betterment’ clauses. Each of these is designed to give the company a way out of paying claims and the main two hidden clauses consumers should always look for before signing on the dotted line.
If a company can get out of paying for mechanical or electrical component due to normal wear and tear which comes with age they will certainly do so. Most companies do have a wear and tear clause and may pay a portion of the repair based on a sliding scale related to the relative age of the part. Warrantywise also has such a clause written into plans, but you are given the opportunity to opt out by deselecting the tick box. And, this brings us to the matter of excess.
Most companies do have excess written into their warranties and you have this option with Warrantywise as well. The difference is that most car warranty companies don’t reduce their premiums when you have excess written into the plan but Warrantywise does reduce the cost of your payments based on the excess chosen. It is their belief that if you are paying excess your premium should reflect that extra money you are paying for a warranty – plain and simple.
Another clause a warranty company will get you on almost every time is ‘betterment.’ Look for this term very, very carefully in the small print because many warranties will not pay for parts if they feel the part increases the value or betters the vehicle in any way. Warrantywise does not use this as an excuse for denying claims. You will find this on warranties at Warrantywise but you are also allowed to deselect this option as well.
Many people feel that their vehicles are new enough to forego this option so they don’t choose it, and of course, that decision rests with you. In the end, you will never need to play children’s games to see where you could be led astray. If you are going to play hide and seek, play it with your children, not your warranty company. You have a right to a fair warranty claim settlement and Warrantywise will not play games.
