Fidelity Warranty Services, Inc., an affiliate of CarMax, has submitted a filing in Nevada seeking approval of a new motor vehicle service contract form, to be effective upon regulatory approval.

The product is distributed through CarMax retail locations and service centers and includes a QR code that allows customers to quickly access contract information and related resources.

The Nevada Division of Insurance issued an objection to the filing, noting that the contract includes a $50 administrative fee for cancellations, which exceeds the state’s statutory maximum of $25.

The form will require revision to comply with Nevada law before it can be approved.