SB 279 Summary

• Expands the Motor Vehicle Service Contract Act to include theft protection program warranties alongside traditional service contracts, subjecting both to the same regulatory framework

• Defines "theft protection program" to include alarm systems, body part marking, steering locks, window etch, ignition locks, and tracking devices designed to prevent vehicle theft

• Establishes "incidental costs" reimbursable under theft protection warranties, including insurance deductibles, rental vehicles, replacement vehicle cost differences, sales tax, registration fees, transaction fees, and mechanical inspection fees

• Requires both motor vehicle service contract providers and warrantors to maintain mandatory reimbursement insurance issued by authorized insurers to guarantee performance of obligations

• Expands required contract disclosures to specify coverage details and claim procedures for both service contracts and theft protection program warranties