PROVIDING EXTENDED WARRANTIES ON ELECTRIC

Brand	Owner (click to sort)	Address	Description
BUSINESS SERVICE PLUS	CENTERPOINT ENERGY RESOURCES CORP.	1111 Louisiana Houston TX 77002	Providing extended warranties on electric and gas lines to industrial and commercial properties and governmental and educational institutions;BUSINESS SERVICE;
PIE	Actown-Electrocoil, Inc.	2414 Highview Street Spring Grove IL 60081	providing extended warranties on electric transformers;
	Where the owner name is not linked, that owner no longer owns the brand

Technical Examples

A system and method for providing warranties that financially guarantee one or more facts associated with an electronic transaction. In a preferred embodiment, warranties issued to the present system comprise a contract between a first party and a second party in which the first party: (1) warrants one or more warranted facts (2) for damages up to a warranted amount (3) if claimed by a relying customer within a claim period. The warranty is preferably issued by a participant in response to a request received from a customer that specifies a desired warranted amount and claim period. The participant and root entity evaluate the request in light of a plurality of factors and determine whether or not the warranty should be issued. In a preferred embodiment, the warranty comprises a contract between the buyer and its issuing participant. The seller is preferably a third-party beneficiary of this contract.