APPLIANCE AND SYSTEM COMPONENTS. 2. Our obligation to pay for the repair or replacement of covered appliances, systems or items are subject to the respective limits for each component and will not exceed, in the aggregate, $5,000 per twelve (12) month period. 3. We have the sole right to determine whether a covered item needs to be repaired or replaced. If We decide to replace the covered appliance, item, system or electronic equipment, We are responsible for replacement equipment of similar features, capacity and efficiency, but not for matching dimensions, brand, or color. We are not responsible for like-for-like replacement of appliances if the appliance contains any features that do not contribute to the appliance’s primary function including, without limitation, TV’s or Radios in Refrigerators. 4. We reserve the right to offer cash settlement in limited circumstances, including but not limited to, unavailability of parts, obsolescence, or similar circumstances when repair or replacement is not feasible. Cash settlements will be based on what We would ordinarily expect to pay for the same part or labor, which may be less than actual retail cost up to the Limit of Coverage Liability. 5. All equipment covered by this Agreement must be in good working condition as of the Agreement Effective Date and be reasonably clean and accessible at the time of service. This Agreement does not cover pre-existing conditions, defects or deficiencies as determined by an in-home inspection. 6. We reserve the right to obtain a second opinion at Our expense. 7. We reserve the right to use qualified Service Providers, select parts to be used, and to restrict certain makes of equipment used to fulfill all or any part of Our obligation under the terms of this Agreement. 8. We reserve the right to rebuild a part or component, or replace with a rebuilt part or component. The use of non-original manufacturer parts is permitted under this Agreement. 9. We are not a Service Provider and are not Ourselves undertaking to repair or replace any such systems or components. 10. In the event that there is any other collectable insurance, s e r v i c e a g r e e m e n t , warranty, or guaranty coverage available to You covering a loss also covered by this Agreement, this Agreement will pay in excess of and not contribute with other insurance, service agreement, warranty or guaranty. We will not pay for parts covered under a manufacturer’s warranty. 11. This Agreement does not cover disconnection of appliance(s), nor does it cover the cost of hauling away or disposing of the covered product. This Agreement does not cover the cost of opening or closing walls, floors, or ceilings.
Appears in 2 contracts
Samples: Service Agreement, Service Agreement
APPLIANCE AND SYSTEM COMPONENTS. 2. Our obligation to pay for the repair or replacement of covered appliances, systems or items are subject to the respective limits for each component and will not exceed, in the aggregate, $5,000 per twelve (12) month period.
3. We have the sole right to determine whether a covered item needs to be repaired or replaced. If We decide to replace the covered appliance, item, system or electronic equipment, We are responsible for replacement equipment of similar features, capacity and efficiency, but not for matching dimensions, brand, or color. We are not responsible for like-for-like replacement of appliances if the appliance contains any features that do not contribute to the appliance’s primary function including, without limitation, TV’s or Radios in Refrigerators.
4. We reserve the right to offer cash settlement in limited circumstances, including but not limited to, unavailability of parts, obsolescence, or similar circumstances when repair or replacement is not feasible. Cash settlements will be based on what We would ordinarily expect to pay for the same part or labor, which may be less than actual retail cost up to the Limit of Coverage Liability.
5. All equipment covered by this Agreement must be in good working condition as of the Agreement Effective Date and be reasonably clean and accessible at the time of service. This Agreement does not cover pre-existing conditions, defects or deficiencies as determined by an in-home inspection.
6. We reserve the right to obtain a second opinion at Our expense.
7. We reserve the right to use qualified Service Providers, select parts to be used, and to restrict certain makes of equipment used to fulfill all or any part of Our obligation under the terms of this Agreement.
8. We reserve the right to rebuild a part or component, or replace with a rebuilt part or component. The use of non-original manufacturer parts is permitted under this Agreement.
9. We are not a Service Provider and are not Ourselves undertaking to repair or replace any such systems or components.
10. In the event that there is any other collectable insurance, s e r v i c e a g r e e m e n t , warranty, or guaranty coverage available to You covering a loss also covered by this Agreement, this Agreement will pay in excess of and not contribute with other insurance, service agreement, warranty or guaranty. We will not pay for parts covered under a manufacturer’s warranty.
11. This Agreement does not cover disconnection of appliance(s), nor does it cover the cost of hauling away or disposing of the covered product. This Agreement does not cover the cost of opening or closing walls, floors, or ceilings.
12. Our obligation to pay for the repair or replacement of covered appliances, systems or items are subject to the following respective limits for each component: COOLING/HEATING SYSTEMS: We will cover up to $1,000 per system per 12 month period. The $1,000 limit includes any costs for access, diagnosis, repair or replacement and installation;Central Air Conditioning (includes Heat Pumps): (Electric only), Central Home Heating: (Gas or Electric); Additional Air Conditioning Unit (includes Heat Pumps): (Electric only) We will cover up to $500. APPLIANCES AND OTHER SYSTEMS: We will cover up to $500 per appliance or system per 12 month period listed below. The $500 limit includes any costs for access, diagnosis, repair or replacement, and installation; Water Heater: (Gas or Electric), Range/Oven/Cooktop, Built-In Microwave, Kitchen Refrigerator – excluding icemaker, Icemaker (In Refrigerator or Stand Alone), Dishwasher, Kitchen Exhaust Fan, Interior Electrical System, Plumbing System, Central Vacuum System, Doorbell System, Septic System, Programmable Thermostat, Swimming Pool and/or Spa, Well Pump, Clothes Washer, Clothes Dryer, Garage Door Opener, Ceiling Fans, Garbage Disposal, Freezer (Free Standing), and Wine Cooler We will cover up to $500; Secondary Refrigerator – not including icemaker: We will cover up to $250.
Appears in 1 contract
Samples: Home Protection Service Agreement
APPLIANCE AND SYSTEM COMPONENTS. 2. Our obligation to pay for the repair or replacement of covered appliances, systems or items are subject to the respective limits for each component and will not exceed, in the aggregate, [$5,000 5,000] per [twelve (12) )] month period.
3. We have the sole right to determine whether a covered item needs to be repaired or replaced. If We decide to replace the covered appliance, item, system or electronic equipment, We are responsible for replacement equipment of similar features, capacity and efficiency, but not for matching dimensions, brand, or color. We are not responsible for like-for-like replacement of appliances if the appliance contains any features that do not contribute to the appliance’s primary function including, without limitation, TV’s or Radios in Refrigerators.
4. We reserve the right to offer cash settlement in limited circumstances, including but not limited to, unavailability of parts, obsolescence, or similar circumstances when repair or replacement is not feasible. Cash settlements will be based on what We would ordinarily expect to pay for the same part or labor, which may be less than actual retail cost up to the Limit of Coverage Liability.
5. All equipment covered by this Agreement must be in good working condition as of the Agreement Effective Date and be reasonably clean and accessible at the time of service. This Agreement does not cover pre-existing conditions, defects or deficiencies as determined by an in-home inspection.
6. We reserve the right to obtain a second opinion at Our expense.
7. We reserve the right to use qualified Service Providers, select parts to be used, and to restrict certain makes of equipment used to fulfill all or any part of Our obligation under the terms of this Agreement.
8. We reserve the right to rebuild a part or component, or replace with a rebuilt part or component. The use of non-original manufacturer parts is permitted under this Agreement.
9. We are not a Service Provider and are not Ourselves undertaking to repair or replace any such systems or components.
10. In the event that there is any other collectable insurance, s e r v se rv i c e a g r agr e e m e n t nt , warranty, or guaranty coverage available to You covering a loss also covered by this Agreement, this Agreement will pay in excess of and not contribute with other insurance, service agreement, warranty or guaranty. We will not pay for parts covered under a manufacturer’s warranty.
11. This Agreement does not cover disconnection of appliance(s), nor does it cover the cost of hauling away or disposing of the covered product. This Agreement does not cover the cost of opening or closing walls, floors, or ceilings.
Appears in 1 contract
Samples: Service Agreement
