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- 83rd Session (2025)
Assembly Bill No. 466–Assemblymember Kasama
CHAPTER..........
AN ACT relating to insurance; revising certain notice requirements
imposed on an insurer who issues a policy of portable
electronics insurance; and providing other matters properly
relating thereto.
Legislative Counsel’s Digest:
Existing law requires an insurer who issues a policy of portable electronics
insurance to provide certain notices that are required to be provided to an enrolled
customer, vendor or other policyholder to be: (1) mailed or delivered; or (2) sent by
electronic mail or other electronic means in accordance with regulations adopted by
the Commissioner of Insurance. (NRS 691D.330) Existing law requires any insurer
to cease delivering any notice or other document by electronic means, and to use an
alternative delivery method, if the insurer: (1) attempts to deliver a notice or other
document by electronic means and has a reasonable basis to believe that the notice
or other document was not received by the party; or (2) becomes aware that the
electronic mail address provided by the party is no longer valid. (NRS 680A.560)
This bill eliminates the requirement that an insurer who issues a policy of
portable electronics insurance and who sends certain notices by electronic mail or
other electronic means do so in accordance with regulations adopted by the
Commissioner. This bill additionally specifies that the requirements setting forth
the circumstances under which an insurer is required to cease delivering a notice or
document by electronic means applies to an insurer who issues a policy of portable
electronics insurance.
EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. NRS 691D.330 is hereby amended to read as
follows:
691D.330 Notwithstanding any other provision of law:
1. Except as otherwise provided in this section, an insurer that
issues a policy of portable electronics insurance may not terminate
the policy b efore the expiration of the agreed term of the policy
unless, not less than 30 days before the effective date of the
termination, the insurer provides notice to:
(a) The holder of the policy of portable electronics insurance;
and
(b) If the policy is a g roup policy issued to a vendor under
which individual customers may elect to enroll for coverage, each
enrolled customer.
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2. If the insurer changes a term or condition of a policy of
portable electronics insurance, the insurer shall, not less than 30
days before the effective date of the change, provide:
(a) The policyholder with a revised policy or endorsement; and
(b) Each enrolled customer with a revised certificate of
coverage, endorsement, brochure or other evidence of coverage
which:
(1) Declares that the insurer has changed a term or condition
of the policy which may affect the enrolled customer’s coverage;
and
(2) Provides a summary of the material changes.
3. An insurer may terminate an enrolled customer’s coverage
under a vendor’s pol icy of portable electronics insurance upon the
discovery of fraud or material misrepresentation by the enrolled
customer in obtaining the coverage or in presenting a claim
thereunder if the insurer provides notice of the termination to the
vendor and the e nrolled customer within 1 0 days after discovery of
the fraud or material misrepresentation.
4. An insurer may immediately terminate an enrolled
customer’s coverage under a vendor’s policy of portable electronics
insurance if the enrolled customer:
(a) Fails to pay a premium;
(b) Ceases to have an active service with the vendor; or
(c) Exhausts the aggregate limit of liability, if any, under the
terms of the policy of portable electronics insurance and the insurer
provides notice of termination to the c ustomer within 30 calendar
days after exhaustion of the limit. If the insurer fails to provide
timely notice as required by this paragraph, the enrolled customer’s
coverage under the policy continues until the insurer provides notice
of termination to the enrolled customer notwithstanding the
exhaustion of the aggregate limit of liability.
5. A vendor or other holder of a group policy of portable
electronics insurance shall not terminate the policy unless, not less
than 30 days before the effective date o f the termination, the insurer
provides notice to each enrolled customer of the termination of the
policy and the effective date of termination. An insurer may
authorize a vendor to provide notice to an enrolled customer on
behalf of the insurer pursuant to this subsection.
6. Any notice that is required pursuant to this section must be
in writing and be:
(a) Mailed or delivered to the enrolled customer, vendor or other
policyholder at his or her last known address; or
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- 83rd Session (2025)
(b) [Sent] Except as otherwise provided in NRS 680A.560, sent
by electronic mail or other electronic means [in accordance with
regulations adopted by the Commissioner] to the enrolled customer,
vendor or other policyholder at the electronic mail address of the
enrolled customer, vendor or other policyholder last known by the
insurer.
An insurer or vendor who provides notice pursuant to this
subsection must maintain proof of mailing or delivery in a form
authorized or accepted by the United States Postal Service or other
commercial mail delivery service or an electronic record or other
proof that the notice was sent.
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