ORS 646A.430 Definitions for ORS 646A.430 to 646A.450

As used in ORS 646A.430 to 646A.450:

“Consumer” means a person in this state who purchases a vehicle protection product or who possesses a vehicle protection product and is entitled to enforce a warranty for the product by reason of the person’s possession.

“Reimbursement insurance policy” means an insurance policy issued to a warrantor that:

Reimburses the warrantor for expenses or other obligations the warrantor incurs in complying with the terms and conditions in a vehicle protection product warranty; or

Pays on a warrantor’s behalf all obligations due under the terms and conditions of the warrantor’s vehicle protection product warranty.

“Reimbursement insurer” means an insurer that issues a reimbursement insurance policy.

“Seller” means a person engaged in the business of offering a vehicle protection product for sale to a consumer.

“Vehicle protection product” means:

A protective chemical, substance, device, product or system that is:

Designed to prevent loss or damage to a vehicle from a specific cause; and

Accompanied by a written warranty that provides that if the vehicle protection product fails to prevent a specified loss or damage, the warrantor will reimburse a consumer for specified related and incidental costs the consumer incurs as a result of the vehicle protection product’s failure to perform in accordance with the terms of the vehicle protection product warranty, if the consumer purchases a physical product that is designed or formulated to make the specified related and incidental costs less likely to occur;

An alarm system;

A product to mark motor vehicle body parts;

A lock for a motor vehicle steering wheel, pedal or ignition;

A product to etch motor vehicle windows;

A kill switch for motor vehicle ignitions or fuel systems;

A tracking system that uses satellites, radio or electronic means; or

Other similar or related chemicals, substances, devices, products, systems or services that are designed to prevent loss or damage to a motor vehicle from a specific cause.

“Vehicle protection product” does not include:

A fuel or oil additive; or

Other chemical products that are applied to a motor vehicle’s engine, transmission or fuel system.

“Warrantor” means a person that a vehicle protection product warranty names as the contractual obligor to the consumer.

“Warrantor” does not include an authorized insurer that provides a warranty reimbursement insurance policy.