Scott Blanc wrote:
GSESP is insuring the value of the part as it is on that vehicle. If that part fails, the liability of the policy is for up to the full value of that part. When the manufacturer replaces a part with a more expensive solution (metal vs fiberglass in this case), we will apply the full value of the existing part plus labor to the cost of the replacement.
This is similar to your auto insurance when you total a vehicle that is older, you will not be provided with similar but brand new vehicle, you will be paid the value of the insured vehicle, not the value of a similar new vehicle.
Scott where does say this in the contract. I have considered purchase of GSEW but would like to see the clause on unavailable or obsolete parts. Thank you.
