Scope of Agreement
(THIS IS A LIMITED AGREEMENT. THIS IS NOT AN INSURANCE POLICY)
Subject to the terms and conditions set forth herein, the Administrator, in return for the payment of the applicable
charge, agrees to arrange for reimbursement to the Repair Facility or Agreement Holder up to the limits
of liability for the reasonable
cost (as determined by the Administrator) to repair or replace any
parts specified in Paragraph 1 due to MECHANICAL BREAKDOWN. The Obligor
and Administrator is KNUCKLEHEAD MOTORSPORTS LLC., unless otherwise required
by State law.
THIS AGREEMENT BECOMES VALID ONLY UPON RECEIPT AND ACCEPTANCE BY THE ADMINISTRATOR
At the option of the Administrator, failed parts may be replaced with new, like kind or good quality remanufactured, rebuilt, used, or after market parts.
The Administrator reserves the right to select the methods of repair and/or repair facilities.
Paragraph 1 - PARTS PLAN 1 - Drivetrain "Plus" Coverage
ENGINE Internally lubricated engine parts consisting
of Crankshaft and bearings, oil pump, pistons, piston rings, connecting
rods and rod bearings, timing gears and chain or belt, camshaft and
camshaft bearings, push rods, rocker arms, rocker arm shaft and
hydraulic lifters, intake and exhaust valves, valve springs. Engine
blocks are also covered if mechanical failure was caused by the
AUTOMATIC TRANSMISSION Internal transmission
parts consisting of: Gears, input and output shafts, bearings, front
pump, planetary assemblies, transmission case, overdrive carrier,
reaction carrier, center support, parking lock actuator, stator and
stator shaft, separator plate, pressure regulator valve, dispstick and
filler tube, sprags, governor assembly, valve body and torque
STANDARD TRANSMISSION Internal transmission
parts consisting of: Gears, input and output shafts, bearings,
overdrive housing and transmission case if malfunction was caused by
the listed parts. Clutch plate, pressure
plate, flywheel, release and pilot bearings are NOT included.
DRIVE AXLE ASSEMBLY (FRONT OR REAR WHEEL DRIVE) Consisting of: Drive shaft, ring and pinion gears, pinion
bearings, side carrier bearings, carrier assembly, thrust washers, axle and axle bearings. Universal and CV joints, except if
boot was damaged or missing. Drive axle housing is also covered if damage is caused by failure of listed lubricated parts.
DRIVE AXLE ASSEMBLY (4-WHEEL AND ALL-WHEEL DRIVE) Transfer case
including gears, main shaft, drive chain, thrust washer and shims,
bearings. Front drive shaft, differential, axles, u-joints and CV
joints, except if boot was damaged or missing.
With Applicable Surcharge.
COOLING Water pump (limited to one-half of parts and labor costs, Plan 1 only)
ELECTRICAL Alternator, starter and voltage regulator (limited to one-half of parts and labor costs, Plan 1 only)
SEALS AND GASKETS Seals and gaskets are
covered in conjunction with repair of above-listed components. Failed
seals and gaskets by themselves on above-listed components are covered
only when "Seals & Gaskets" option is selected and paid for.
24-HOUR ROADSIDE ASSISTANCE Towing, flat tire changing, fuel and fluid delivery, lock-out service, "jump"
starting, and Safe and Secure Package.
RENTAL CAR In the event of mechanical breakdown of a covered component, the Agreement Holder will be
reimbursed up to $35.00 Per Day for a rental vehicle for each four hours of covered repair time as determined by a national
flat rate guide. Total not to exceed $175.00. Rental receipts required for reimbursement.