When Your Coverage. Applies
1. We agree to pay the covered costs to repair or replace the items listed as covered on your Agreement Coverage Summary Page if any such items become inoperable during the term of this Agreement due to mechanical failure caused by routine wear and tear. The definitions of the specific items that may be listed on your Agreement Coverage Summary Page as covered, as well as other limitations on coverage and other terms and conditions, are listed below.
2. We will cover mechanical failures relating to the mechanical parts and components of those domestic-grade items that were in the home and in proper operating condition on the Agreement effective date.
3. We will cover failures due to rust and corrosion, and or sediment.
4. When completing a covered repair or replacement, we will NOT pay the cost to: • dismantle and remove defective equipment, • recapture refrigerant, • reclaim refrigerant, • dispose of refrigerant.
5. We will cover an unknown pre-existing mechanical failure provided the failure could not have been detected by visual inspection or simple mechanical test.
6. The decision to replace rather than repair items is solely our option. Should we choose to replace an item, the replacement shall: • be the base model that meets all applicable federally mandated minimal manufacturers’ standards, • perform the same primary function, and have a capacity comparable with the covered item, when available with domestically assembled units. When replacing systems and appliances: • We are not liable to provide exact match in color, dye, lot, material, type or brand. • We will be responsible for the installation of the replacement item but not for the cost of the construction, modifications, carpentry or transitional work made necessary in order to accommodate the replacement, nor for any costs to upgrade or modify items for any reason except as otherwise specified in this Agreement. • With respect to kitchen/laundry appliances, we will make reasonable efforts to provide replacement items of similar mechanical capabilities and/or efficiency of the original unit, when available. When making repairs: • We reserve the right to rebuild existing parts or components and/or install rebuilt or refurbished parts or components.
7. Our cash payment policies and procedures: • In instances where the combined cost of diagnosis and repair or replacement is estimated to exceed a stated contract dollar limit, we will not provide repair or replacement services but will ins...
When Your Coverage. Applies
1. We agree to pay the covered costs to repair or replace the Items listed as covered on your Agreement Coverage Summary
2. Your Agreement type, effective date and expiration date are listed on your Agreement Coverage Summary Page. Types of Coverage are as follows:
When Your Coverage. Applies
1. We agree to pay the covered costs to repair or replace the Items listed as covered on your Agreement Coverage Summary
2. We will cover Mechanical Failures relating to the mechanical parts and components of those Domestic-Grade Items that were in the Covered Property and in Proper Operating Condition on the Agreement effective date.
3. We will cover Mechanical Failures due to rust and corrosion and sediment.
4. When completing a covered repair or replacement, we will not pay the cost to:
5. We will cover an unknown pre-existing Mechanical Failure provided the failure could not have been detected by Visual Inspection or Simple Mechanical Test. In certain instances, we may require documentation from you during a claim review.
6. The decision to replace rather than repair Items is solely our option. Should we choose to replace an Item, the replacement shall: • be the base model that meets all applicable federally mandated minimal manufacturers’ standards, • perform the same primary function, and have a capacity comparable with the covered Item, when available with domestically assembled units.
7. When replacing systems and appliances:
8. When making repairs, we reserve the right to rebuild existing parts or components and/or install aftermarket, rebuilt or refurbished parts or components.
When Your Coverage. Applies
1. We agree to pay the covered costs to repair or replace the Items listed as covered on your Agreement Coverage Summary
2. Your Agreement type, effective date and expiration date are listed on your Agreement Coverage Summary Page. Types of Coverage are as follows: Type of Coverage Effective Dates Seller Coverage Effective immediately upon our receipt and verification of the enrollment for the Covered Property and continues for the remaining term of the listing agreement, not to exceed one hundred and eighty (180) days. Buyer Conversion Coverage Seller Coverage that has converted to Buyer Coverage after closing of the Covered Property, is effective on the date of closing of the applicable real estate transaction.
3. We will cover Mechanical Failures relating to the mechanical parts and components of those Domestic-Grade Items that were in the Covered Property and in Proper Operating Condition on the Agreement effective date.
4. We will cover Mechanical Failures due to sediment. Rust and corrosion are not covered under the Seller Coverage
5. When completing a covered repair or replacement, we will not pay the cost to:
6. Unknown pre-existing Mechanical Failure is not covered under the Seller Coverage.
7. The decision to replace rather than repair Items is solely our option. Should we choose to replace an Item, the replacement shall: • be the base model that meets all applicable federally mandated minimal manufacturers’ standards, • perform the same primary function, and have a capacity comparable with the covered Item, when available with domestically assembled units.
8. When replacing systems and appliances:
9. When making repairs, we reserve the right to rebuild existing parts or components and/or install aftermarket, rebuilt or refurbished parts or components.
10. Alternate Claim Dispositions:
(a) In some instances, in lieu of authorizing the repair or replacement services for a claim made under this Agreement, we will elect to remit a payment to you as the final disposition of the subject claim (hereinafter a “Claim Buyout”). The decision to elect a Claim Buyout rather than replacing or repairing Items is solely our option. The Claim Buyout amount will be strictly calculated based on: (i) our costs for the parts required to repair the Item to return it to Proper Operating Condition; or (ii) our costs to replace Items; and (iii) our estimated labor costs for our in-network Service Professional to perform the repair or replacement services.
(b) In...
When Your Coverage. Applies
1. We agree to pay the covered costs to repair or replace the Items listed as covered on your Agreement Coverage Summary Page if any such Items become inoperable during the term of this Agreement due to Mechanical Failure caused by routine wear and tear. We are not responsible for repairing or replacing Items, assembly or parts that do not contribute to the primary
2. We will cover Mechanical Failures relating to the mechanical parts and components of those Domestic-Grade Items that were in the Covered Property and in Proper Operating Condition on the Agreement effective date.
3. We will cover Mechanical Failures due to rust and corrosion and sediment.
4. When completing a covered repair or replacement, we will not pay the cost to:
5. We will cover an unknown pre-existing Mechanical Failure provided the failure could not have been detected by Visual Inspection or Simple Mechanical Test. In certain instances, we may require documentation from you during a claim review.
6. The decision to replace rather than repair Items is solely our option. Should we choose to replace an Item, the replacement shall: • be the base model that meets all applicable federally mandated minimal manufacturers’ standards, • perform the same primary function, and have a capacity comparable with the covered Item, when available with domestically assembled units.
7. When replacing systems and appliances:
8. When making repairs, we reserve the right to rebuild existing parts or components and/or install aftermarket, rebuilt or refurbished parts or components.
