Extended service warranties for heavy equipment are designed to protect owners from unexpected repair costs that may arise after the manufacturer’s warranty has expired. These warranties can be customized to meet the specific needs of the owner and their equipment. In this blog post, we will discuss the different types of coverage provided by heavy equipment extended service warranties.

Mechanical Breakdown Coverage

Mechanical breakdown coverage is the most basic type of coverage provided by extended service warranties. This coverage protects owners from the cost of repairs related to mechanical failures that are not caused by wear and tear or neglect. Examples of repairs covered under mechanical breakdown coverage may include engine failure, transmission failure, or hydraulic system failure.

Wear and Tear Coverage

Wear and tear coverage is designed to protect owners from the cost of repairs related to normal wear and tear on their equipment. This coverage may include repairs to hoses, belts, filters, and other components that are subject to wear and tear over time. Wear and tear coverage is typically offered as an optional add-on to mechanical breakdown coverage.

Electrical Failure Coverage

Electrical failure coverage protects owners from the cost of repairs related to electrical failures in their equipment. This coverage may include repairs to the starter motor, alternator, or other electrical components. Electrical failure coverage is typically included in more comprehensive extended service warranties.

Hydraulic System Coverage

Hydraulic system coverage protects owners from the cost of repairs related to hydraulic system failures in their equipment. This coverage may include repairs to hydraulic pumps, cylinders, hoses, and valves. Hydraulic system coverage is typically included in more comprehensive extended service warranties.

Component Coverage

Component coverage is designed to protect owners from the cost of repairs related to specific components in their equipment. This coverage may include repairs to the engine, transmission, or other components. Component coverage is typically offered as an optional add-on to mechanical breakdown coverage.

Exclusions and Limitations

It is important to understand that extended service warranties may have exclusions and limitations. These exclusions and limitations may vary depending on the provider and the specific plan chosen. Common exclusions and limitations may include repairs related to operator error, accidents, or intentional damage. It is important to carefully read and understand the contract terms and conditions before signing up for an extended service warranty.

Conclusion

Extended service warranties for heavy equipment can provide valuable protection against unexpected repair costs. It is important to choose a plan that meets your specific needs and includes the coverage you require. Understanding the different types of coverage provided by extended service warranties and any exclusions or limitations is key to making an informed decision when selecting a provider. With the right coverage in place, you can have peace of mind knowing that your heavy equipment is protected against unexpected repair costs.