Yes, if the business you bought it from was sufficiently insured.
IMO, that's the reason for that law. The workshop that fitted the faulty part is responsible for it. Believe me, I don't like it either.
Because, it means that the customer would be suing the workshop that fitted the faulty part not the chan**hong manufacturer somewhere else while you can claim from your insurer. IMO, that's the purpose of that law. What your insurance cover and what not is something you can find later, but the first thing what the insurance does; they check how they can void the claim (said simply).
I've never had to claim anything of my insurance under these circumstances, because I’ve always preferred to lose the customers who come with the part in the hand that they bought who knows where. I choose my suppliers wisely.
I'm not saying that you don't and my post wasn't about the businesses that import the parts and offer the warranty for them.
The individuals that import the parts themself are the risk for the business.
Hence, having the right partner as your parts supplier with the right quality parts (products) is important.
For others:
I know some could say, it's all about the balancing the risk, but I don't gamble.
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