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NRRM — which also operates American Auto Shield, the company that administers repair claims brought under vehicle service contracts sold by CarShield — agreed to a $10 million proposed settlement.
Vehicle History Report vs. CARFAX. CARFAX is an automotive service providing data on vehicles for use primarily by auto dealers and the automotive industry in general. It offers a variety of ...
CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement with federal ...
Automotive warranty claims are requests made by vehicle owners or authorized service centers to the vehicle's manufacturer or warranty provider for repair or replacement of parts and components that are covered under the vehicle's warranty. [citation needed]
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer.
A "service contract" is different from a warranty because service contracts do not affirm the quality or workmanship of a consumer product. A service contract is a written instrument in which a supplier agrees to perform, over a fixed period or for a specified duration, services relating to the maintenance or repair, or both, of a consumer product.
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