Trade Regulation

ORS 646A.438
Reimbursement insurance

  • requirements
  • insurer qualifications


A warrantor shall obtain a reimbursement insurance policy from a qualified reimbursement insurer that covers all liability to the consumer under all vehicle protection product warranties a warrantor issues. A qualified reimbursement insurer is:


An insurer authorized to transact insurance in this state under a certificate of authority issued in accordance with the Insurance Code; or


A surplus lines insurer.


The Department of Consumer and Business Services may not require any other financial security requirements or financial standards for warrantors. [2007 c.685 §5]


Last accessed
May 26, 2023