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Siebel Automotive Guide > Managing Warranties > About Warranty ProductsA warranty product is the warranty plan that is sold to customers. A warranty is an undertaking by the manufacturer or a third party to replace or repair a part if it fails during the warranty coverage period. Siebel Automotive allows you to create warranty products, which contain the attributes that are used to define the terms and conditions of warranty coverage. A warranty product contains all the information that is required to configure a contract with the customer. Also, the warranty product contains attributes that guide processes, such as claims submission, coverage terms, payment methods, taxes, policy amendments, warranty product pricing, financial accounting information, and others. The following list describes the types of warranties that you can create using Siebel Automotive:
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