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DEFINITION of 'Warrant Coverage'. An agreement between a company and its shareholders whereby the company issues warrants equal to some percentage of the dollar amount of the shareholder's investment. Next Up.
2017 Warranty Coverage. Coverage is for the first 3 years or 36,000 miles, whichever comes first. Coverage is for the first 5 years or 60,000 miles, whichever comes first. Certain commercial fleet and/or government fleet vehicles purchased under a qualifying fleet account number are covered for 5 years or 100,000 miles, whichever comes first.