Service insurance policy
Service insurance policy means any policy issued or underwritten by an independent insurance company which covers a specific motor vehicle and guarantees that any noncompliance with a Federal motor vehicle safety standard or defect related to motor vehicle safety determined to exist in that vehicle will be remedied without charge to the owner of the vehicle.
Source
49 CFR § 592.4
Scoping language
All terms in this part that are defined in 49 U.S.C. 30102 and 30125 are used as defined therein.