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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.
The New Vehicle Limited Warranty â Comprising of Comprehensive Warranty Coverage, Power Train. Coverage and Adjustment Coverage â is divided into three coverage periods. Each coverage period begins on. the date of retail delivery to the first purchaser or the date the Kia vehicle is first placed into service. Any. remaining portion of the warranty is fully transferable to subsequent owners.