UT Insurance Bulletin 2020-15

Types of Service Contracts to be Filed

Year: 2020Length: 179 wordsOfficial source
BULLETIN 2020-15 State Office Building Suite 3110, Salt Lake City, UT 84114-6901  (801) 538-3800  Facsimile (801) 538-3829  www.insurance.utah.gov State of Utah GARY R. HERBERT Governor SPENCER J. COX Lieutenant Governor Insurance Department TODD E. KISER Insurance Commissioner TO: Registered Service Contract Providers FROM: Todd E. Kiser, Utah Insurance Commissioner DATE: August 5, 2020 SUBJECT: Types of Service Contracts to be Filed This bulletin identifies the types of service contracts that must be filed and those that must not. MUST BE FILED: • Service contracts for motor vehicles, regardless of price • Home warranty contracts • Service contracts for consumer products with a purchase price exceeding $3,700.00 MUST NOT BE FILED: • Service contracts for consumer products with a purchase price of $3700.00 or less For more information, see Utah Code § 31A-1-103(6)(c)(iii). When filing a consumer product service contract, please state the purchase price of the product(s). If you have any questions or comments, please contact the Property and Casualty Division at 801- 538-3035 or prop-cas.uid@utah.gov. DATED: August 5, 2020 _______________________ Todd E. Kiser Insurance Commissioner
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