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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.
Please note that your device must be fully operational and have no damage in order to still be eligible for coverage.Your extended warranty service contract coverage begins 365 days (12 months) after (1) your initial purchase date or (2) the date your original manufacturerâs warranty expires, whichever comes first.