215 ILCS 5/155.39
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

Sec. 155.39. Vehicle protection products.(a) As used in this Section:"Administrator" means a third party other than the warrantor who is  designated by the warrantor to be responsible for the administration of  vehicle protection product warranties."Incidental costs" means expenses specified in the vehicle protection  product warranty incurred by the warranty holder related to the failure of the  vehicle protection product to perform as provided in the warranty.  Incidental costs may include, without limitation, insurance policy  deductibles, rental vehicle charges, the difference between the actual value  of the stolen vehicle at the time of theft and the cost of a replacement  vehicle, sales taxes, registration fees, transaction fees, and mechanical  inspection fees."Vehicle protection product" means a protective chemical, substance, device,  system, or service that is (i) installed on or applied to a vehicle and (ii)   designed to prevent loss or damage to a vehicle from a specific cause. The term "vehicle protection product"  shall include, without limitation, protective chemicals, alarm systems, body part marking products,  steering locks, window etch products, pedal and ignition locks, fuel and  ignition kill switches, and electronic, radio, and satellite tracking devices. "Vehicle protection product" does not include fuel additives, oil additives, or other chemical products applied to the engine, transmission, or fuel system of a motor vehicle."Vehicle protection product warrantor" or "warrantor"  means a person who is contractually obligated to the  warranty holder under the terms of a vehicle protection product warranty.  "Warrantor" does not include an authorized insurer."Vehicle protection product warranty" means a written warranty by a vehicle protection product warrantor that (i) is included, for no separate and identifiable consideration, with the purchase of a vehicle protection product sold or offered for sale in this State and (ii) provides if the vehicle protection product fails to prevent loss or damage to a vehicle from a specific cause, that the warranty holder shall be paid specified incidental costs by the warrantor as a result of the failure of the vehicle protection product to perform pursuant to the terms of the warranty."Warranty reimbursement insurance policy" means a policy of  insurance  issued to the vehicle protection product warrantor  to pay on behalf of the warrantor  all covered contractual obligations incurred by the warrantor under the terms  and conditions of the insured vehicle protection product warranties sold by  the warrantor.  The warranty reimbursement insurance policy shall be issued by  an insurer authorized to do business in this State that has filed its policy  form with the Department.(a-5) A vehicle protection product warrantor's liabilities under a vehicle protection product warranty shall be covered by a warranty reimbursement insurance policy.(b) No vehicle protection product warranty sold or offered for sale in this State  shall be subject to the provisions of this Code. Vehicle protection product warranties are express warranties and not insurance.Vehicle protection product warrantors and related vehicle protection  product sellers and warranty administrators are  not required to comply with and are not subject to any other provision of this  Code.(c) This Section applies to all vehicle protection products sold or  offered for sale prior to, on, or after the effective date of this amendatory  Act  of the 93rd General Assembly. The enactment of this Section does not  imply that vehicle protection products should have been subject to regulation  under this Code prior to the enactment of this Section. The changes made to this Section by this amendatory Act of the 100th General Assembly do not imply that vehicle protection products and vehicle protection product warranties should have been subject to regulation under this Code prior to this amendatory Act of the 100th General Assembly.   (Source: P.A. 100-272, eff. 1-1-18.)