All motor vehicle service contracts issued or sold for delivery in this state shall contain the following disclosures in a conspicuous and readable manner:
(1) The name and address of the provider and the holder;
(2) The total retail price of the service contract;
(3) The procedure for making a claim under the service contract, including the name, address, and telephone number of any person from whom approval is required before covered repairs may be commenced;
(4) The existence and amount of a deductible, if any;
(5) The motor vehicle parts and components covered under the service contract, and any limitations, exceptions, or exclusions;
(6) The terms, conditions, and restrictions governing transferability of the service contract, if any;
(7) The provisions governing termination and refunds in accordance with ยง 4-90-507; and
(8) A statement that purchase of the motor vehicle service contract is not required in order to purchase or obtain financing for a motor vehicle.
Section: Previous 4-90-502 4-90-503 4-90-504 4-90-505 4-90-506 4-90-507 4-90-508 4-90-509 4-90-510 4-90-511 4-90-512 NextLast modified: November 15, 2016