Vehicle protection product warranty insurance policy
Wis. Stat. § 632.185
in effect(1) In this section:
(a) “Vehicle protection product” has the meaning given in s. 100.203 (1) (e).
(b) “Warrantor” has the meaning given in s. 100.203 (1) (f).
(c) “Warranty” has the meaning given in s. 100.203 (1) (g).
(d) “Warranty holder” has the meaning given in s. 100.203 (1) (h).
(e) “Warranty reimbursement insurance policy” has the meaning given in s. 100.203 (1) (i).
(2) A warranty reimbursement insurance policy that is issued, sold, or offered for sale in this state shall meet all of the following conditions:
(a) The policy is issued by an insurer authorized to do business in this state.
(b) The policy states that the issuer of the policy will reimburse or pay on behalf of the warrantor all covered sums that the warrantor is legally obligated to pay or will provide the service that the warrantor is legally obligated to perform according to the warrantor’s contractual obligations under the provisions of the insured warranties sold by the warrantor.
(c) The policy states that if the warrantor does not provide payment due under the terms of the warranty within 60 days after the warranty holder has filed proof of loss according to the terms of the warranty, the warranty holder may file for a reimbursement directly with the issuer of the warranty reimbursement insurance policy.
(d) The policy provides that the issuer of the warranty reimbursement insurance policy has received payment of the premium if the warranty holder paid for the vehicle protection product covered under the insured warranty and that the insurer’s liability under the policy may not be reduced or relieved by a failure of the warrantor to report to the insurer the issuance of a warranty.
(e) The policy contains the following provisions regarding cancellation:
1. The policy may not be canceled by the issuer until a written notice of cancellation has been mailed or delivered to the commissioner and the insured warrantor.
2. The cancellation of the policy does not reduce the issuer’s responsibility with respect to warranties that apply to vehicle protection products sold prior to the date of cancellation.
3. If the warrantor has filed the policy with the commissioner and the issuer cancels the policy, the warrantor shall do one of the following:
a. File a copy of a new policy with the commissioner, before the termination of the prior policy, providing no lapse in coverage following the termination of the prior policy.
b. Discontinue acting as a warrantor as of the termination date of the policy until a new policy becomes effective and the commissioner accepts it.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/632.185Fetched: 10/7/2026