All credit personal property insurance, including guaranteed asset protection insurance, written in connection with credit transactions for personal, family or household purposes is subject to the provisions of this chapter, except:
1. Credit transactions involving extensions of credit primarily for business or commercial purposes;
2. Insurance written in connection with a credit transaction that is secured by a real estate mortgage or deed of trust;
3. Creditor-placed insurance;
4. Title insurance;
5. Nonfiling insurance;
6. Insurance purchased by a creditor after repossession or a similar event in which the creditor acquired possession of the property; and
7. Insurance for which an identifiable charge is not made to or collected from the debtor.