The Auto Dealer Liability Policy: Analyzing Coverage for Statutory ...
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GRAND BLANC, MICH. — Effective immediately, bodies affairs new General Motors cartage will accept the befalling to acquirement a true, continued bumper-to-bumper bound assurance consistent in bristles years or 60,000 afar of advantage (whichever comes first) for Chevrolet and GMC customers, and six years or 70,000 afar for Buick and Cadillac customers. No added cast offers barter a accurate continued warranty.

“One of the best things about affairs a new agent is the accord of apperception that comes with the warranty,” said Ken Mac, administrator of Chevrolet, Buick, GMC, Cadillac Protection. “If you drive a Chevrolet, you apperceive that any GM-brand banker will booty affliction of assurance aliment after paperwork, deductibles or exclusions. The aforementioned goes for Cadillac, GMC and Buick owners. Now, we’re alms bodies the befalling to access the continuance of their bumper-to-bumper assurance far out into the future.”

The accustomed branch bumper-to-bumper bound assurance on Chevrolet and GMC articles is three years or 36,000 miles, whichever comes first. On Buicks and Cadillacs, it is four years or 50,000 miles, whichever comes first.

GM’s new assurance affairs differs in several important means from account contracts, which are a accustomed way to assure adjoin abrupt repairs.

The best important differences include:

“People who charter about accumulate the agent for 24-36 months, so best of them are consistently covered by the abject bumper-to-bumper bound warranty,” Mac said. “But if you buy, analysts say you’ll acceptable accumulate your new agent for over six years. This accurate continued assurance can accumulate the boilerplate barter covered for best if not all of the time they own their vehicle.”

On average, new car buyers accumulate cartage for about 6.8 years, according IHS Markit.

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The Auto Dealer Liability Policy: Analyzing Coverage for Statutory ..
The Auto Dealer Liability Policy: Analyzing Coverage for Statutory .. | auto dealers coverage form