Originally Posted by Gimpy1
it will tell you the contract LIMITATIONS AND EXCLUSIONS, it will also tell you the reasons or conditions for "dropping" you. No matter what people say or tell you the policy and the company are bound by the contract.

Well said, the answer lies within the contract wording. Either the warranty company can or can't drop the coverage per the contract. If the contract says they can't, and they do then it can become a legal matter to pursue.