Trusted Warranty Evaluation Program

Trusted Warranty Evaluation Program 2021-06-09T09:03:17-05:00

Technical Evaluation (points awarded: 0, 1 or 2)

Auditor will spot check 2 randomly chosen skus for reliability testing.

One point will be awarded for each sku for which reliability testing was completed.

Rationale:  NLB auditor will not conduct any product testing, but the NLB believes it is important that the manufacturer have reliability testing data for any products covered by warranty.  If a company has a warranty, they should have some basis or documentation to give them confidence in the quality of the product.  The NLB takes no position if testing reports are internally or externally generated.

Claims Review Evaluation (points awarded 0, 1, 2, or 3)

Auditor will randomly choose three claims from the past 12 months and evaluate the trail from when the first notification was made until the claim was complete.  Auditor will evaluate whether manufacturer acted expeditiously given the information that the manufacturer received.  Manufacturer will not be penalized for incomplete or delayed information or samples from the customer.

One point will be awarded for each claim in which the OEM acted expeditiously as determined by the auditor in the auditor’s experience. NLB will institute quality checks to ensure that auditors apply a consistent level of scrutiny to all claims reviewed.

Qualification: 

Certificates will be awarded to companies based on the completeness of the documentation to validate their warranty program.  A minimum of 8 points is required to receive the certificate. If deficiencies are noted that prevent the manufacturer from acquiring 8 points, the manufacturer will have 30 days to correct. If not corrected within 30 days, manufacturer will have to wait 6 months before re-applying.

Criteria Score Typical Score
Formal Warranty Process 0, 1, 2, or 3 3
Warranty Language 0, 1 or 2 2
Length of Business/Warranty Insurance 0 or 1 0
Technical Evaluation 0, 1, or 2 2
Claims Review Evaluation 0, 1, 2, or 3 3
Total   10

Cost: $1800 for the first year per company; $1000 per year for years 2 and 3.

The following information will appear on both the Trusted Warranty Certificate as well as the NLB Trusted Warranty website:

  1. Company Name
  2. Warranty Contact information to include address, phone and email
  3. The year the company (or division) was founded
  4. The existence and amount of any warranty insurance
  5. Date of certificate and expiration date