Our batteries are covered by a pro rata warranty. This means that depending on the amount of time you have had the battery for, if you make a warranty claim you may have to pay a small pro rata fee, based on the time you have had the battery and a percentage of the replacement change to battery’s RRP. This is because you have had substantial use from your product, receiving a certain value already from your investment. 

A pro rata warranty is a type of warranty that provides partial coverage for a product over its lifespan, rather than full coverage for a fixed period. This means that the manufacturer or seller will only cover a portion of the repair or replacement costs based on how much of the warranty period has elapsed.

Key Features of a Pro Rata Warranty:

1. Partial Coverage: Unlike a full warranty, which covers repairs or replacements entirely for a specific time, a pro rata warranty reduces the amount covered as time passes. For example, if a product has a 5-year pro rata warranty and fails in the third year, the manufacturer may cover a fraction of the replacement cost.

2. Depreciation Consideration: The warranty often takes the depreciation of the product into account. As the product ages, its value decreases, affecting the reimbursement amount under the warranty.

3. Specific Terms and Conditions: Pro rata warranties usually come with specific terms regarding how the coverage is calculated, including:

   • The warranty duration (e.g., years of coverage).
   • The percentage of coverage at different points in time (e.g., 100% coverage during the first year, 80% in the second year, etc.).
   • Any deductibles that may apply.

4. Common Use Cases: Pro rata warranties are often seen in the following:

   • Automotive parts (like tires or batteries).
   • Home appliances.
   • Electronics.
   • Roofs and other construction materials.

Examples:

• Warranty Statement: A manufacturer might state that a battery has a 5-year pro rata warranty, which covers 100% replacement in the first year, 80% in the second year, and 60% in the third year.

Conclusion

Pro rata warranties can be beneficial as they offer a degree of coverage over time. However, it's essential to read the terms carefully, as the coverage may decrease significantly as the product ages. Understanding the specifics of a pro rata warranty helps consumers make informed decisions regarding product purchases and expected support.

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