ASSEMBLY REGULATED PROFESSIONS COMMITTEE
STATEMENT TO
SENATE, No. 1325
STATE OF NEW JERSEY
DATED: JUNE 24, 2024
The Assembly Regulated Professions 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provided by the enrolled customer or vendor, as applicable, is no
longer valid.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.
As reported by the committee, Senate Bill No. 1325 is identical to
Assembly Bill No. 3890, which was also reported by the committee on
this date.