Thank you for your reply. The statement below is from section 8, exclusion terms. It states the “Reserve” plan ceiling is the retail value of the car at the time of repair. However, as you mentioned the three lower plans have low ceilings of $3K to $5K.


Limit of Liability (Aggregate): The aggregate total of all repairs and benefits paid or payable while this Vehicle Service Contract is in force shall not exceed the lesser of the following aggregate amounts:
1) the Vehicle Purchase Price as shown on this Vehicle Service Contract; or
2) Powertrain: $3,000.00; Classic: $4,000.00; Vintage: $5,000.00; Estate, Wrap and Reserve: the NADA retail value of the COVERED VEHICLE at time of current repair.