Blog Layout

Ironbound Warranty

Mark Standen • 16 July 2023

Extended Service Contract Warranty

We work exclusively with a specialist Third Party Administrator providing Extended Warranty Coverage solutions for Original Equipment Manufacturers and Equipment Dealers on a world wide basis. The facility we at Mocden have set-up, accesses Underwriting Capacity from the London insurance Market providing total insurance backed or reinsurance solutions and our specialist TPA can provide front end online warranty registrations, back end claims registrations and claims administration.


The facility has been in place since 2013 and together with our TPA Partner we have scoped out pricing, coverage and a full suite of Management Information Reporting.


Coverage can be provided on:


  • New Equipment Extended Warranty - standard terms up to 5 years and 10,000 hours, effective on the first day following the expiration of the manufacturer's standard factory warranty. Coverage options include Powertrain, Powertrain Plus or Premium Protection, which is the most comprehensive coverage; and
  • Used Equipment Protection - standard terms up to 24 months and 7,000 hours. We can customize programs and consider machines up to 10 model years old and less than 7,000 hours on the odometer at the date of purchase. Coverage options include Powertrain or Powertrain Plus
  • Generators - standard terms up to 24 months and 10,000 hours. Programs can be customized and pricing options provided for machines in Standby (Intermittent Use) or in Prime Power (Continuous Use).


Equipment Covered includes:-


  • Components Programs:
  • Engines
  • Transmissions
  • Planetary/Differentials/Axles
  • Pumps/Motors/Valves
  • Custom Select Components


  • Rebuild Programs:
  • Complete Machine Coverage
  • Manufacturer Programs
  • Dealer Rebuild Programs
  • Custom Rebuild Programs
  • Certified Equipment Programs


  • Agricultural & Utility:
  • All Terrain and Utility Vehicles
  • Cane Harvesters
  • Commercial Mowers
  • Compact and Utility Tractors
  • Cotton Harvesters (Cotton Pickers)
  • Grain Harvesters (Combines)
  • Grading Equipment
  • Generators and Power Units
  • Forage Harvesters
  • Harvesters (Other)
  • Implements
  • Loaders
  • Mowers
  • Pumps
  • Sprayers
  • Swathers
  • Sod Harvesters
  • Speciality Harvesting Equipment
  • Select Attachments
  • Tracked Tractors and Vehicles
  • Utility Terrain Vehicles (UTV)
  • Wheeled Tractors


  • Heavy Construction Equipment:
  • Articulated Dump Trucks
  • Asphalt Milling Machines
  • Asphalt Paving Machines
  • Attachments
  • Backhoe Loaders
  • Boom Mowers
  • Brooms
  • Compaction Equipment
  • Concrete Paving Machines
  • Concrete Pumps
  • Directional Drills
  • Dozers
  • Excavators
  • Haul Trucks
  • Material Transfer Vehicles
  • Motor Graders
  • Pavement Maintenance Equipment
  • Power units/Generators/Light Towers
  • Rebuilt Equipment
  • Road Wideners
  • Screen and Crushers
  • Skid-steer loaders
  • Speciality Equipment (Custom)
  • Stabilizers
  • Sweepers
  • Track Loaders
  • Trenching and Boring Equipment
  • Wheel Loaders


  • Material Handling Equipment:
  • Aerial Lifts
  • Aerial Work Platforms
  • Air Compressors
  • Airport Maintenance Equipment
  • Boom Trucks
  • Bucket Trucks
  • Cranes (Mobile)
  • Forestry Equipment
  • Forklifts (All Types)
  • Golf carts and Personnel Carriers
  • Landfill Equipment
  • Light Towers
  • Personnel Carriers
  • Power Generation Equipment
  • Platform Trucks
  • Pumps
  • Railway Equipment
  • Specialty Loaders
  • Specialty Material Handlers
  • Specialty Tow Trucks
  • Telescopic Handlers and Loaders
  • Truck Mounted Cranes
  • Truck Mounted Utility


  • Factors we take into consideration when we consider putting together a warranty program:
  • Make up, volume and mix of Unites to be covered
  • Appliance Application
  • Geography
  • Expectation of Hour Usage
  • Level of coverage and term of cover requested
  • Management of the Claims Process


For further information please contact Mark Standen on:

UK +44 (0)1322 476 276

USA +1 315 359 6005

Australia +61 3 638 77 044


or via email to mstanden@mocden.co.uk


 

Share by: