Florida is set to change its insurance regulations, allowing coverage for eyewear, including smart glasses, under the same licensing framework used for portable electronics like smartphones and tablets. This shift results from the recently passed CS for SB 772, which will take effect on July 1, 2026.
New Licensing Framework
The new law redefines the state's portable electronics insurance license by renaming it to include eyewear insurance. This updated license will allow carriers and retail vendors to offer coverage for both electronic and nonelectronic eyewear, which encompasses prescription glasses and sunglasses. This expansion enhances the insurance options available to consumers.
The regulations will cover loss, theft, mechanical failures, malfunctions, and damage. Consumers will now be able to secure insurance not only for their smartphones and tablets but also for eyewear, a sector increasingly integrated with technology, especially smart glasses.
Simplified Sales Process
The legislation simplifies the sales process for vendors. Retailers will require only one license to sell both categories of insurance, removing the need for separate licenses for eyewear and electronics. This change aims to make the purchasing process smoother and more accessible for consumers at the point of sale.
Authorized representatives of licensed general lines agents will manage the program, ensuring vendors receive adequate training to sell these policies effectively. Vendors must also provide comprehensive written materials to customers, detailing coverage options, potential overlaps with renters or homeowners insurance, and the claims process.
Transparency and Consumer Protection
Transparency is a primary focus of the new law. Vendors must clearly disclose bundled coverage options and itemize premiums for unbundled coverage. Customers will receive electronic notices by default if they provide an email address, allowing for timely communication regarding their policies.
The law also allows customers to cancel their policies at any time, with refunds for any unearned premiums. This consumer-friendly approach seeks to build trust and accountability within the insurance market.
Future Implications
With this legislative change, Florida is poised to lead in the growing market for eyewear insurance, particularly as smart glasses become more popular among consumers. As technology continues to merge with everyday eyewear, the demand for insurance tailored to these products is expected to rise.
The updated insurance framework addresses the evolving needs of Florida consumers, paving the way for a more inclusive insurance landscape that caters to both traditional and modern eyewear users.
Quick answers
When will the new eyewear insurance law take effect?
The new law will take effect on July 1, 2026.
What types of eyewear are covered under this law?
The law covers both smart glasses and nonelectronic eyewear, including prescription and nonprescription glasses.
How will this law affect insurance sales for vendors?
Vendors will only need one license to sell both portable electronics and eyewear insurance, simplifying the sales process.
Can customers cancel their eyewear insurance policies?
Yes, customers can cancel their policies at any time and receive refunds for any unearned premiums.
About the author
MJI Desk
MJI Desk covers consumer tech for MJI News.
