Ind. Code § 27-1-15.9-6
This is the official text of Ind. Code § 27-1-15.9-6, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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"Portable electronics insurance"
Official statutory text
Sec. 6. (a) As used in this chapter, "portable electronics insurance" means insurance that provides coverage for the repair or replacement of portable electronics, including coverage for loss, theft, inoperability due to mechanical failure, malfunction, damage, or other similar causes of loss.
(b) The term does not include the following:
(1) A service contract or extended warranty that provides coverage for repair, replacement, or maintenance only to address operational or structural failure caused by:
(A) a defect in materials or workmanship;
(B) accidental damage from a power surge; or
(C) normal wear and tear.
(2) A policy of insurance that covers a seller's or manufacturer's obligations under a warranty.
(3) Any of the following:
(A) A homeowner's insurance policy.
(B) A renter's insurance policy.
(C) A private passenger automobile insurance policy.
(D) A commercial multi-peril insurance policy.
(E) An insurance policy that provides coverage similar to the insurance provided by a policy described in clauses (A) through (D).
As added by P.L.4-2012, SEC.3.
(b) The term does not include the following:
(1) A service contract or extended warranty that provides coverage for repair, replacement, or maintenance only to address operational or structural failure caused by:
(A) a defect in materials or workmanship;
(B) accidental damage from a power surge; or
(C) normal wear and tear.
(2) A policy of insurance that covers a seller's or manufacturer's obligations under a warranty.
(3) Any of the following:
(A) A homeowner's insurance policy.
(B) A renter's insurance policy.
(C) A private passenger automobile insurance policy.
(D) A commercial multi-peril insurance policy.
(E) An insurance policy that provides coverage similar to the insurance provided by a policy described in clauses (A) through (D).
As added by P.L.4-2012, SEC.3.
Status: in_force · Read it on the official government site
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