SENATE COMMERCE COMMITTEE
STATEMENT TO
SENATE, No. 1325
STATE OF NEW JERSEY
DATED: FEBRUARY 5, 2024
The Senate Commerce Committee reports favorably Senate Bill
No. 1325.
This bill authorizes the delivery of notices and documents
relating to portable electronics insurance by electronic mail.
Pursuant to the bill, portable electronics insurers are required to
cease delivering by electronic mail any notice or other document
and deliver the notice or document by another delivery method if:
(1) the insurer attempts to deliver by electronic mail a notice or
other document and has a reasonable basis to believe that the notice
or other document was not received by the enrolled customer or
vendor, as applicable; or
(2) the insurer becomes aware that the electronic mail address
provided by the enrolled customer or vendor, as applicable, is no
longer valid.
Under current law, “portable electronics insurance” means
insurance providing coverage for the repair or replacement of
portable electronics which may provide coverage for portable
electronics against any one or more of the following causes of loss:
loss; theft; inoperability due to mechanical failure; malfunction;
damage; or other similar causes of loss.
This bill was pre-filed for introduction in the 2024-2025 session
pending technical review. As reported, the bill includes the changes
required by technical review, which has been performed.