Section 1807 – Requirements for sale of portable electronics insurance — Policy provides primary coverage.
31A-22-1807. Requirements for sale of portable electronics insurance — Policy provides primary coverage. (1) At each location where a vendor offers portable electronics insurance to a customer, the vendor shall make available to a prospective customer written materials that: (a) disclose that portable electronics insurance may provide a duplication of coverage already provided by the […]
Section 1808 – Termination of or changes to portable electronics insurance.
31A-22-1808. Termination of or changes to portable electronics insurance. Notwithstanding any other provision of law: (1) (a) An insurer may terminate or otherwise change the terms and conditions of a policy of portable electronics insurance only upon providing the policyholder and enrolled customers with at least 30 days notice. (b) Notwithstanding Subsection (1)(a), an insurer […]
Section 1809 – Billing.
31A-22-1809. Billing. (1) A vendor may bill and collect the premium for portable electronics insurance coverage. (2) (a) Any charge to an enrolled customer for portable electronics insurance coverage that is not included in the cost associated with the purchase or lease of portable electronics or related services shall be separately itemized on the enrolled […]
Section 1707 – Enforcement — Rulemaking.
31A-22-1707. Enforcement — Rulemaking. (1) A certificate of insurance or other document that is prepared, issued, or requested in violation of this part is void. (2) The commissioner may bring action in accordance with Section 31A-2-308 and Title 63G, Chapter 4, Administrative Procedures Act, for a violation of this part. (3) The commissioner may: (a) […]
Section 1803 – Licensure required.
31A-22-1803. Licensure required. (1) Subject to Subsection 31A-22-1804(2) and Section 31A-23a-103, a vendor is required to hold a portable electronics limited lines license to sell or offer coverage under a portable electronics insurance policy. (2) A portable electronics limited lines license issued under this section authorizes an employee or authorized representative of the vendor to […]
Section 1804 – Application for license and fees.
31A-22-1804. Application for license and fees. (1) To obtain or renew a portable electronics insurance limited lines license under this part, a person shall: (a) file with the department an application for a portable electronics limited lines license on forms and in the manner the commissioner prescribes; (b) subject to Subsection (4), provide the name […]
Section 1805 – Employees and authorized representatives of a vendor.
31A-22-1805. Employees and authorized representatives of a vendor. (1) An employee or authorized representative of a vendor may sell or offer portable electronics insurance to a customer and is not subject to licensure as an insurance producer under this title if: (a) the vendor obtains a portable electronics limited lines license that authorizes the vendor’s […]
Section 1806 – Penalties.
31A-22-1806. Penalties. Notwithstanding Section 31A-2-308, if a vendor or the vendor’s employee or authorized representative violate this part, the commissioner may do any of the following in accordance with Title 63G, Chapter 4, Administrative Procedures Act: (1) impose a fine not to exceed: (a) (i) $2,500 per violation by a licensed individual; or (ii) $5,000 […]
Section 1503 – Motorboat liability policy minimum limits.
31A-22-1503. Motorboat liability policy minimum limits. Policies containing motorboat liability coverage may not limit the insurer’s liability under that coverage below the following: (1) (a) $25,000 because of liability for bodily injury to or death of one person, arising out of the use of a motorboat in any one accident; (b) subject to the limit […]
Section 1504 – Mandatory coverage.
31A-22-1504. Mandatory coverage. (1) A rental company shall provide its renters with primary coverage meeting the requirements of Title 73, Chapter 18c, Financial Responsibility of Motorboat Owners and Operators Act. (2) All coverage shall include primary defense costs and may not be waived. Amended by Chapter 211, 2006 General Session