Creates rules for portable electronics insurance sold with phones and tablets. Trained store staff can offer it without an insurance license. Vendors must give clear brochures on the insurer, deductibles, repairs/replacements (including refurbished parts), overlap with other policies, and how to file claims. Prices must be shown, you can cancel anytime for refunds. Vendors can bill and hold funds in trust. Insurers must give notice before changes. State can fine or suspend violators.
