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Actual Cash Value means either the Customer's primary insurance company's total gross settlement
figure, prior to application of deductible, or the "Retail" value of the Vehicle with appropriate
adjustments for mileage and/or optional equipment as determined by the then current, region specific
N.A.D.A. Official Used Car Guide, whichever is the greater.
TERMS AND CONDITIONS
A. The Warranty period is 36 months and commences on the date of Vehicle purchase as shown in
the application section of this Warranty. If Warranty term is not designated, term will be the length
of the Customer's original Loan Lease Agreement not exceeding 36 months’. The original Customer
may transfer this Warranty at time of Vehicle resale, subject to a $30.00 transfer fee being paid to
"Administrator" within 15 days of the vehicle resale date. Copies of the new registered vehicle title
application and bill of sale must be included with the transfer request.
C. Since the Auto Security System is permanently installed on the Vehicle, this Warranty is
non-cancelable and non-refundable.
EXCLUSIONS
This Warranty does not apply to:
A. Total loss or damage resulting from war, whether or not declared, invasion, civil war, insurrection,
rebellion or revolution, nuclear reaction, nuclear radiation or radioactive contamination. Total loss
also excludes any act of God, Natural Disaster or Terrorist Act.
B. Total loss or damage resulting directly or indirectly from forgery or any suspicion of dishonest,
fraudulent or criminal act, or due to conversion, embezzlement or secretion by any person in lawful
possession of the Vehicle.
C. Total loss or damage resulting from theft by family members of the Customer or any person who
had access to the key of the Vehicle.
CLAIM REQUIREMENTS
IN THE EVENT OF A CLAIM, the Customer must provide within 90 days of the Date of Loss,
"Administrator" with all of the following Documentation before any Warranty payment can be
processed. Failure to provide this documentation within the 90 day period will void this
Warranty.
A. Copy of Police Report with narrative
B. Copy of Customer's Warranty.
C. Buyer's orders and finance agreement for original vehicle and or replacement vehicle.
D. Copy of Customer's Primary Insurance Company Settlement Check and Proof of Loss,
substantiating the Date of Loss, specific Cause of loss and Gross Settlement Figure.
In the event the Customer does not have physical damage theft insurance as of the Date of Loss, the
Customer must notify administrator in writing immediately upon the loss being discovered. A loss
adjuster will be instructed to investigate the circumstances of the theft and if it is determined when
the loss is covered, will calculate Actual Cash Value of the Vehicle at Date of Loss. All such loss
adjusting fees will be the sole responsibility of the Customer and will be deducted from any claim
payment. In the event the loss is determined not to be covered, the Customer must reimburse
"Administrator" for the loss adjusting fees.
CONTACT:
www.Automgt.com
PERFORMANCE AUTOMOTIVE MANAGEMENT
