This bill amends Florida Statutes to expand the scope of portable electronics insurance to include eyewear, thereby renaming it as portable electronics or eyewear insurance. The bill introduces a definition for "eyewear," which encompasses smart glasses and nonelectronic eyewear, including prescription and nonprescription glasses and sunglasses. It also revises the definition of "portable electronics" to encompass a broader range of devices and deletes the obsolete definition of "portable electronics transaction." The bill clarifies that a single license is sufficient for selling either type of insurance and outlines the responsibilities and requirements for agents and businesses involved in this insurance sector.

Additionally, the bill makes conforming amendments to various sections of the Florida Statutes, ensuring that the new terminology and definitions are consistently applied throughout the law. It specifies that individuals selling portable electronics or eyewear insurance do not need to be licensed as insurance agents under certain conditions and mandates that relevant information about the insurance must be provided to customers. The act is set to take effect on July 1, 2026.

Statutes affected:
S 772 Filed: 626.221, 626.732, 626.8685
S 772 c1: 626.221, 626.732, 626.8685