What do the changes made by SB 778 mean to VPP warrantors?
With the changes made by SB 778 to the Vehicle Protection Product Regulatory Act and to other statutes, VPP warrantors may now include identity recovery services in their VPP warranties that are sold to consumers who purchase an automobile, where the vehicle and VPP warranty are financed. Prior to these changes, VPP warrantors could only sell and finance warranties associated with the vehicle being purchased. With these changes in the law, VPP warrantors may now include identity recovery services, which are not associated with the vehicle, in their usual VPP warranties that are financed with the purchase of a vehicle.
