Repair Agreements

When it comes to repairing your car, it could cost you tons of money. But, it doesn't have to. There are contracts, often called repair agreements, that will help save you money and undue stress. With repair agreements, the company is legally required to pay repairs. Each obligor (the legal term for the company in contract) has different ways of covering your costs. Even though there are many different names for repair agreements (auto service contracts, extended warranties, vehicle service contracts, etc.), what is most important is that you know what kind of obligor you are dealing with so that you fully understand your repair agreement.