Title 48 — Title 48 INSURANCE
101 chapters · 2,134 sections in this title.
RCW 48.110.010 Finding—Declaration—Purpose.
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The legislature finds that increasing numbers of businesses are selling service contracts for repair, replacement, and maintenance of motor vehicles, appliances, computers, electronic equipment, and other consumer products. There are risks that contract obligors will close or oth…
RCW 48.110.015 Exempt from title—Application of chapter.
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(1) The following are exempt from this title:(a) Warranties;(b) Maintenance agreements;(c) Service contracts:(i) Paid for with separate and additional consideration;(ii) Issued at the point of sale, or within sixty days of the original purchase date of the property; and(iii) On t…
RCW 48.110.017 Application of chapter.
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This chapter does not prohibit a service contract provider from covering, in whole or in part, residential water, sewer, plumbing, electrical, heating and cooling systems, utilities, or similar systems, including items intended to be attached to or installed in any real property,…
RCW 48.110.020 Definitions.
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The definitions in this section apply throughout this chapter.(1) "Administrator" means the person who is responsible for the administration of the service contracts, the service contracts plan, or the protection product guarantees.(2) "Commissioner" means the insurance commissio…
RCW 48.110.030 Registration required—Application—Required information—Grounds for refusal—Annual renewal.
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(1) A person may not act as, or offer to act as, or hold himself or herself out to be a service contract provider in this state, nor may a service contract be sold to a consumer in this state, unless the service contract provider has a valid registration as a service contract pro…
RCW 48.110.033 Application of RCW 48.110.030—Exceptions.
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(1) Except for service contract providers or protection product guarantee providers, persons marketing, selling, or offering to sell service contracts or protection products for providers are exempt from the registration requirements of RCW 48.110.030.(2) The marketing, sale, off…
RCW 48.110.040 Filing of annual report—Fee—Investigations—Confidentiality.
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(1)(a) Every registered service contract provider must file an annual report for the preceding calendar year with the commissioner on or before March 1st of each year, or within any extension of time the commissioner for good cause may grant. The report must be in the form and co…
RCW 48.110.050 Obligations of service contract provider or protection product guarantee provider—Limited application.
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(1) Service contracts shall not be issued, sold, or offered for sale in this state or sold to consumers in this state unless the service contract provider has:(a) Provided a receipt for, or other written evidence of, the purchase of the service contract to the contract holder; an…
RCW 48.110.055 Protection product guarantee providers—Obligations—Application—Required information—Grounds for refusal—Annual renewal.
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(1) This section applies to protection product guarantee providers.(2) A person must not act as, or offer to act as, or hold himself or herself out to be a protection product guarantee provider in this state, nor may a protection product be sold to a consumer in this state, unles…
RCW 48.110.060 Reimbursement insurance policies insuring service contracts or protection product guarantees.
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(1) Reimbursement insurance policies insuring service contracts or protection product guarantees issued, sold, or offered for sale in this state or issued or sold to consumers in this state shall state that the insurer that issued the reimbursement insurance policy shall either r…
RCW 48.110.070 Service contracts—Form—Required contents—Limited application.
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(1) Service contracts marketed, sold, offered for sale, issued, made, proposed to be made, or administered in this state or sold to residents of this state shall be written, printed, or typed in clear, understandable language that is easy to read, and disclose the requirements se…
RCW 48.110.073 Service contract forms—Motor vehicles—Reliance on reimbursement insurance policy.
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(1) If the service contract provider or protection product guarantee provider is using one or more reimbursement insurance policy or policies to satisfy the requirements of RCW 48.110.050(2)(a), then each reimbursement insurance policy shall be filed with and approved by the comm…
RCW 48.110.075 Service contracts on motor vehicles—Obligations of provider—Contract requirements.
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(1) This section applies to service contracts on motor vehicles.(2) Service contracts shall not be issued, sold, or offered for sale in this state or sold to consumers in this state unless:(a) The service contract provider has either demonstrated its financial responsibility or a…
RCW 48.110.078 Calculation of minimum net worth or stockholder's equity—Accounting principles.
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(1) A service contract provider relying on RCW 48.110.050(2)(a) or 48.110.075(2)(a) to assure the faithful performance of its obligations to service contract holders shall calculate the minimum net worth or stockholder's equity required by this chapter in accordance with generall…
RCW 48.110.080 Name of service contract provider or protection product guarantee provider—Use of legal name—False or misleading statements—Restrictions on requirement to purchase service contract.
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(1) A service contract provider or protection product guarantee provider shall not use in its name the words insurance, casualty, guaranty, surety, mutual, or any other words descriptive of the insurance, casualty, guaranty, or surety business; or a name deceptively similar to th…
RCW 48.110.090 Recordkeeping of service contract provider or protection product guarantee provider—Requirements—Duration—Form.
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(1) The service contract provider or protection product guarantee provider shall keep accurate accounts, books, and records concerning transactions regulated under this chapter.(2) The service contract provider's or protection product guarantee provider's accounts, books, and rec…
RCW 48.110.100 Termination of reimbursement insurance policy.
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As applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with RCW 48.18.290 has been given to the service contract provider or protection product guarantee provider and has been delivered to …
RCW 48.110.110 Service contract provider or protection product guarantee provider—Agent of insurer which issued reimbursement insurance policy.
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(1) Service contract providers or protection product guarantee providers are considered to be the agent of each insurer which issued the reimbursement insurance policy or policies for purposes of obligating the insurer to service contract holders or protection product guarantee h…
RCW 48.110.120 Commissioner may conduct investigations.
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(1) The commissioner may conduct investigations of service contract providers or protection product guarantee providers, administrators, service contract sellers or protection product sellers, insurers, and other persons to enforce this chapter and protect service contract holder…
RCW 48.110.130 Denial, suspension, or revocation of registration—Immediate suspension without notice or hearing—Fine.
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(1) The commissioner may, subject to chapter 48.04 RCW, deny, suspend, or revoke the registration of a service contract provider or protection product guarantee provider if the commissioner finds that the service contract provider or protection product guarantee provider:(a) Has …
RCW 48.110.140 Application of consumer protection act.
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The legislature finds that the practices covered by this chapter are matters vitally affecting the public interest for the purpose of applying the consumer protection act, chapter 19.86 RCW. Violations of this chapter are not reasonable in relation to the development and preserva…
RCW 48.110.150 Rules.
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The commissioner may adopt rules to implement and administer this chapter.[ 1999 c 112 s 16.]
RCW 48.110.900 Date of application to service contracts.
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This chapter applies to all service contracts, other than on motor vehicles, sold or offered for sale ninety or more days after July 25, 1999. This chapter applies to all service contracts on motor vehicles and protection products sold or offered for sale after September 30, 2006…
RCW 48.110.902 Application of chapter to motor vehicle manufacturers or import distributors.
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(1) RCW 48.110.030 (2)(a) and (b), (3), and (4), 48.110.040, 48.110.060, 48.110.100, 48.110.110, 48.110.075 (2)(a) and (b) and (4)(e), and 48.110.073 (1) and (2) do not apply to motor vehicle service contracts issued by a motor vehicle manufacturer or import distributor covering …
RCW 48.110.904 Effective date—2006 c 274.
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This act takes effect October 1, 2006.[ 2006 c 274 s 24.]