Forum Discussion
goufgators
Jan 07, 2014Explorer
goufgators wrote:
I recently read a thread on this forum regarding the need for "consequential coverage". Thinking that I was reasonably sure I had requested and paid for that type contract coverage but wanting to be sure, I reread the contract. There is the following statement under "WHAT IS NOT COVERED": Incidental or consequential damages or loss caused by breakdown of components including property damage, personal injury, inconvenience, loss of vehicle use, damage to a covered part by a no-covered part and damage to a non-covered part by a covered part". BUTBUT...there is a contract addendum that states, in part: This Agreement offers and includes "Exclusionary" coverage for used vehicles 10 model years and newer..." Mine is less than 10 years.
Question: Is "Exclusionary" coverage the same as "Consequential" coverage? I know that I can contact the company to get their opinion but would like your thoughts about this question. / Thanks!
From the OP: Talked to the selling company, Wholesale Warranties, last night and I was wrong! I don't have consequential coverage and it's my fault although I specifically told the representative that I wanted "bumper to bumper" coverage!! Thought I was getting total coverage but obviously did not adequately read the contract before signing it. I'm wondering now if I should cancel that contract and get one with consequential coverage. I'm sure it would cost more but might be worth the additional cost... In your opinion, how necessary is consequential coverage and would it be worth the hassle of canceling one policy and taking out another? Thanks...
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