Mechanical breakdown insurance definition

Mechanical breakdown insurance means a policy, contract, or agreement issued by an insurance company that has complied with either Chapter 5, Domestic Stock and Mutual Insurance Corporations, or Chapter 14, Foreign Insurers, that undertakes to perform or provide repair or replacement service on goods or property, or indemnification for repair or replacement service, for the operational or structural failure of the goods or property due to a defect in materials, workmanship, or normal wear and tear.
Mechanical breakdown insurance means a policy, contract, or agreement that undertakes to perform or provide repair or replacement service, or indemnification for that service, for the operational or structural failure of a motor vehicle due to a defect in materials or skill of work or normal wear and tear, and that is issued by an insurance company authorized to do business in this state.
Mechanical breakdown insurance means a policy, a contract,

Examples of Mechanical breakdown insurance in a sentence

  • This emergency teleconference gave us leverage to use the governance emergency order to be able to open up and contract more directly to get assets and the things we need to be able to respond to the storm.

  • Mechanical breakdown insurance organizations; grounds for suspension, revocation or refusal to renew dealer's license generally.

  • Mechanical breakdown insurance, vehicle class 67 light goods vehicle.

  • Mechanical breakdown insurance and extended warranty or service contracts.

  • Mechanical breakdown insurance organizations; solicitations to purchase.


More Definitions of Mechanical breakdown insurance

Mechanical breakdown insurance means a contractual undertaking in which a person undertakes to indemnify another for direct or consequential loss caused by the failure or malfunction of a component or system of a motor vehicle, but does not include:
Mechanical breakdown insurance means a policy, contract, or agreement issued
Mechanical breakdown insurance means means a
Mechanical breakdown insurance means a policy,
Mechanical breakdown insurance means a policy, contract, or
Mechanical breakdown insurance means a policy, a contract, or an agreement issued by an authorized insurer that provides for the repair, replacement, or maintenance of property, or indemnification for repair, replacement, or service, for the operations or structural failure of the property due to a defect in materials or workmanship or to normal wear and tear;
Mechanical breakdown insurance means a policy, contract, or agreement that un- dertakes to perform or provide repair or replacement service, or indemnification for that ser- vice, for the operational or structural failure of a motor vehicle due to a defect in materials or