The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 8 : Banking and Insurance
Chapter 114 : Portable Electronics Insurance
(Cite as: 8 V.S.A. § 4257)-
§ 4257. Definitions
As used in this chapter:
(1) “Portable electronics” means electronic devices that are portable in nature, their accessories, and services related to the use of such devices.
(2) “Portable electronics insurance” means insurance that may be offered on a month-to-month or other periodic basis as a group or master commercial inland marine policy that provides coverage for the repair or replacement of 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. The term does not include a service contract governed by chapter 113, subchapter 4 of this title, a policy of insurance covering a seller’s or a manufacturer’s obligations under a warranty, or a homeowner’s, renter’s, private passenger automobile, commercial multi-peril, or similar policy.
(3) “Portable electronics vendor” means a person in the business of selling or leasing portable electronics directly or indirectly. (Added 2011, No. 136 (Adj. Sess.), § 9, eff. May 18, 2012.)
