Wisconsin Administrative Code
Office of the Commissioner of Insurance
Chapter Ins 14 - Vehicle Protection Product Warranties
Section Ins 14.01 - Purpose and scope
Universal Citation: WI Admin Code ยง Ins 14.01
Current through August 26, 2024
(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.
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