The bill amends Florida Statutes to expand the scope of portable electronics insurance to include eyewear, thereby renaming it as portable electronics or eyewear insurance. It introduces a definition for "eyewear," which encompasses smart glasses and nonelectronic eyewear, including prescription and nonprescription glasses and sunglasses. The bill also revises the definition of "portable electronics" to provide a broader description of the types of devices covered, while deleting the obsolete definition of "portable electronics transaction." Additionally, it clarifies that a license for portable electronics or eyewear insurance does not require separate licenses for each category, allowing for more streamlined sales processes.

Further amendments conform existing provisions to the changes made by the act, including exemptions from examination requirements for limited licenses related to portable electronics or eyewear insurance. The bill also outlines the responsibilities of licensees, including the requirement to provide clear information to customers about the insurance coverage, its terms, and the claims process. 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
S 772 er: 626.221, 626.732, 626.8685