Alabama Bill Expands Definition of Vehicle Service Contract

Auto Finance

On April 4, Alabama Governor Robert Bentley signed into law HB 7, which amends Section 8-32-2 of the Code of Alabama. Specifically, the bill defines road hazard and expands the definition of a vehicle service contract to include (i) certain damages caused by a road hazard; (ii) the replacement of an inoperable, lost, or stolen key or key fob; and (iii) other services approved by the Alabama Commissioner of Insurance.