Definition of "Lemon aid insurance"

Oscar  Villaverde real estate agent

Written by

Oscar Villaverdeelite badge icon

Coldwell Banker Riverland Realty

Property and casualty coverage that indemnifies automobile dealers if a dissatisfied customer demands a refund within the period of time allowed under the Uniform Commercial Code. This insurance is not widely sold today because of the increase in recalls of vehicles for inherent defects.

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