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Creditor-placed insurance coverage shall not include:
Coverage for the cost of repossession;
Skip, confiscation and conversion coverage;
Coverage for payment of mechanics' or other liens that do not arise from a covered loss occurrence;
Coverage that requires a debtor's insurance deductible to be less than two hundred dollars ($200); or
Coverage that is broader than the insurance coverages that meets the minimum insurance requirements of the credit agreement.
Nothing in this section shall be deemed to prohibit the issuance of a separate policy or endorsement providing the coverages listed in subsection (a). However, no charge shall be passed along to the debtor for the coverages.