RE:Rod Warranties - Old and New
Jim, I think that the G Loomis policy in '93 was the same as most. Warrented on workmanship and materials. "You break it, you pay around 70 bucks to get it fixed." If you told them it broke when you were "just false casting it", they might have fixed it for free.
In the following years Loomis struggled with the ethics of the unlimmited warrenty and ultimately came up with a fare program. Now they drop ship you a new rod no questions asked(for 45 bucks). I suppose that their rods should cost less because they don't have to cover the "unlimmited warrenty" but they haven't raised prices in a while either.