Senate committee substitute makes the following changes to the 1st edition. 

Amends GS 66-370 to add that ancillary protection product must also include an ancillary protection product warranty. Adds and defines the term ancillary protection product warranty. Amends the items excluded from the term "motor vehicle service agreement" to include a contract or agreement guaranteeing the performance of parts or lubricants manufactured or distributed by the guarantor and sold for use in connection with a motor vehicle where no additional consideration is paid or given to the grantor for the contract or agreement beyond the price of the parts or lubricants, and ancillary protection product warranties. 

Amends GS 58-1-15 to add that an ancillary protection product warranty that guarantees indemnity for specified conditions is not a contract of insurance. Provides that service agreements on home appliances or motor vehicles (was, limited to those made by any person other than the manufacturer, distributor, or seller) are not contracts of insurance and are exempt from GS Chapter 58 unless otherwise expressly provided.