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How Gap Coverage Keeps Your Investment Secure In Your Vehicle Service Contract

Your brand new vehicle has depreciated in value significantly since the moment you drove it off the lot. In the event of an accident you are covered, but Gap coverage in your vehicle service contract covers that depreciation.

Many insurance companies offer Gap coverage or something similar to this for drivers who just purchased or leased a vehicle. This type of vehicle service contract is designed to cover the depreciated value of a vehicle in the instance of an accident.

How Gap Coverage Works

For instance, you just purchased a 2012 sedan for $25,000 that you only put a $500 down payment on. It has been just under one month of ownership, and you haven’t even made your first payment. According to the stigma, that sedan has depreciated significantly in value already.

You have now just gotten in to an accident and you aren’t worried because your vehicle service contract covers this. The insurance company just declared your vehicle is totaled, so you expect to get back the amount the BRAND NEW vehicle is worth. However, according to the N.A.D.A. that vehicle is only worth $20,000 since you have been driving it.

You have now lost $5,000 on your new car from the accident that you have to pay to the lender, $500 from the down payment, and factor in your deductible which could be $500-$1000 or more. This is where Gap coverage comes in as part of your vehicle service contract. Continental Warranty Inc. will cover that loss on the new vehicle with its Gap plan.

Insurance can be tricky, and you do not want to end up losing thousands of dollars because of loopholes. To learn more about Gap coverage please call Continental Warranty Inc. at 302-375-0401 or visit http://www.continentalwarranty.org/contact-us/.

The Claim Procedure For Car Repair Under Your Vehicle Service Contract

As soon as a car breaks down drivers tend to panic, which is a natural reaction. However, do not make the process of claiming the repairs even worse by stressing. This is the reason why you have a vehicle service contract.

Although we try to avoid them, mechanical breakdowns do happen and being covered is crucial. The initial panic after vehicle failure can be overwhelming. However, try to find comfort in knowing your repairs are covered by your vehicle service contract.

Not to be cruel, but the damage is there, it is done, the incident is over. By exacerbating the issue and stressing the vehicle’s repair you do no good to your health or the progress of the repair. A vehicle service claim with Continental Warranty, Inc can be a simple and quick process.

How To Report Your Repair Claim

If the incident just happened on the road remember to stay calm, and be aware of your surroundings. Just because you are stopped from a mechanical breakdown does not mean everyone on the road is too. If possible, immediately pull the vehicle over to a safe area in order to protect it from an unaware driver hitting it or further damaging the mechanics.

Now is the time to keep your cool, and if you have purchased a roadside assistance protection program package please dial the number on the contract. Continental Diamond contract holders call 800-338-2680, and Continental Ultra Shield call 800-346-6469.

Also, notify Continental Warranty, Inc. of the mechanical breakdown by calling 800-265-9136. Once a tow trucks moves the vehicle to a repair facility have the facility call Continental Warranty Inc. to verify coverage by a vehicle service contract. It is crucial to not have any repairs or disassembly performed until Continental Warranty Inc. authorizes repairs to be completed.

Continental Warranty Inc. will try to approve repairs as soon as possible to get you back on the road. Please remember staying calm is key in these situations and following procedure will make the repair go by smoothly. For more information on vehicle service contracts please call 302-375-0401 or visit http://www.continentalwarranty.org/products/.

Dents And Blown Tires Are No Match For The Ultra Care Road Vehicle Service Contract

If you are the type of person who locks their keys in their car on a regular basis, then Continental Warranty Inc. has you covered. With a vehicle service contract like the Ultra Care Road Program these little mishaps are taken care of.

The elements of the road are not always in your control. Of course locking your keys in your car may be, but you can’t be to blame for not catching the door while holding bags of groceries. For these reasons special vehicle service contracts are designed to provide peace of mind.

Continental Warranty Inc. aims to cover vehicles from bumper to bumper not matter how severe or minimal the issue it. The Ultra Care Road Program has three tiers for vehicle owners to benefit from. When choosing the right vehicle service contract for you please consider the type of roads you often drive and the occurrences of these instances in the past.

Cover All The Little Things Other Warranties Do Not

The base plan in the Ultra Care Road Program will make sure your car always has a reliable set of wheels. There is absolutely no cap on the amount of tire repairs or replacements the driver can get, and the program even pays for pays for mounting, balancing, valve stem, and taxes. If you need a little more assistance you can add unlimited 24 hour roadside assistance.

Tier two will cover every ding and dent from all those pesky rocks or other objects that come flying at your car. The dents on the body must be less than four inches, and any cracks on the windshield must be less than six inches. Drivers receive unlimited 24 hour roadside assistance, and the same tire service as tier one.
Tier three includes everything in the first two tiers, plus cosmetic repair for rims. Although chrome rims can’t be repaired they will be replaced. Drivers will also get key replacement with next day key, three days of rental, re-programming of key, and new key fob.

For more information on all the many vehicle service contracts provided by Continental Warranty Inc. please call 302-375-0401 or visit http://www.continentalwarranty.org/products/.