Define: Continuing Warranty

Continuing Warranty
Continuing Warranty
Quick Summary of Continuing Warranty

A continuing warranty is a commitment from a seller or manufacturer that a product will function as intended for a specific period. This commitment can be expressed or implied, and it ensures that if the product malfunctions, the seller or manufacturer will repair or replace it. It serves as a guarantee that the product will perform as promised. This kind of warranty is particularly valuable when purchasing costly items such as vehicles or appliances, providing the buyer with reassurance that they won’t be burdened with a defective product.

Full Definition Of Continuing Warranty

A continuing warranty ensures that the facts stated in the warranty will remain true for the duration of the policy. If the warranty is violated, the insurer can use it as a defence to reject a claim. For instance, if a homeowner buys a continuing warranty for their roof, it guarantees that the roof will stay in good condition throughout the policy period. If the roof starts leaking during this time, the homeowner can file a claim. However, if it is discovered that the homeowner failed to properly maintain the roof, the insurer can use the continuing warranty as a defence to deny the claim. In summary, a continuing warranty is an insurance policy that guarantees the truthfulness of certain facts throughout the policy period, and if the warranty is violated, the insurer can use it as a defence to reject a claim.

Continuing Warranty FAQ'S

A continuing warranty is a type of warranty that extends beyond the initial purchase or contract period. It provides ongoing protection for the buyer against defects or malfunctions in the product or service.

The duration of a continuing warranty can vary depending on the terms and conditions set by the seller or manufacturer. It may last for a specific period, such as one year, or it could be indefinite.

In some cases, a continuing warranty can be transferred to a new owner if the product or service is sold. However, this is subject to the terms and conditions of the warranty and may require the new owner to fulfill certain requirements.

A continuing warranty typically covers defects in materials, workmanship, or performance of the product or service. It may also include repairs, replacements, or refunds if the product fails to meet the specified standards.

Yes, there may be limitations to a continuing warranty. These limitations can include exclusions for certain types of damage, misuse or abuse of the product, or failure to follow the recommended maintenance or usage instructions.

Yes, a continuing warranty can be voided if the buyer fails to comply with the terms and conditions specified in the warranty agreement. This can include unauthorized repairs, modifications, or use of the product in a manner not intended by the manufacturer.

If you encounter a problem covered by a continuing warranty, you should contact the seller or manufacturer as soon as possible. They will provide instructions on how to proceed, which may involve submitting a warranty claim, returning the product for repair, or seeking a replacement.

Yes, if the seller or manufacturer fails to honor a continuing warranty, you may have legal grounds to seek compensation. It is advisable to consult with a lawyer specializing in consumer protection or contract law to understand your rights and options.

In some cases, a continuing warranty can be extended or renewed for an additional fee. This option is typically offered by the seller or manufacturer and may provide extended coverage beyond the original warranty period.

No, a continuing warranty and an extended warranty are not the same. A continuing warranty is a type of warranty that extends beyond the initial purchase or contract period, while an extended warranty is an additional warranty purchased separately to extend the coverage of the original warranty.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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