Wisconsin Administrative Code (Last Updated: January 10, 2017) |
Agency Ins. Office of the Commissioner of Insurance |
Chapter 14. Vehicle Protection Product Warranties |
Section 14.01. Purpose and scope.
Latest version.
- (1) Purpose. This section interprets ss. 100.203 , 600.01 (1) (b) 11. , 601.31 (1) (km) and 632.185 , Stats. The commissioner finds that a warrantor issuing a vehicle protection product warranty is doing the business of insurance, subject to full application of chs. 600 to 646 , Stats. If the warrantor issuing a vehicle protection product warranty registers and complies with this rule and the applicable statutes, only those sections of chs. 600 to 646 , Stats., as expressly provided in the enabling statutes will apply.(2) Scope.(a) This chapter applies to all vehicle protection product warranties operating or offering a vehicle protection plan in this state.(b) This chapter does not apply to licensed insurers who operate or offer to operate a vehicle protection plan pursuant to an authorization to transact insurance in this state.