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AB 466

Revises certain notice requirements imposed on an insurer who issues a policy of portable electronics insurance. (BDR 57-797)

2025 Regular Session Introduced by Heidi Kasama

Clarifies portable electronics insurance notice rules: requires written or electronic notices with at least 30 days’ advance notice for term changes or cancellations, and allows el

Approved by the Governor. Chapter 176.
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Bill Summary · AB 466

Summary — AB 466 (2025): Portable Electronics Insurance — Notice Requirements

Status: Enacted (approved by the Governor in 2025)
Introduced: Feb 6, 2025

Note: The document set supplied also contains an unrelated California bill titled AB 466 (Donate Life California). This summary addresses the AB 466 described by the bill title and text provided here — a Nevada measure revising notice requirements for insurers that issue portable electronics insurance (NRS changes).

Purpose / Intent

To clarify and streamline how insurers that issue policies of portable electronics insurance provide required notices to policyholders, enrolled customers, and vendors — specifically by (1) removing a requirement that electronic notices be sent “in accordance with regulations adopted by the Commissioner of Insurance,” and (2) making the general rules that govern when an insurer must stop using electronic delivery (NRS 680A.560) explicitly apply to portable electronics insurance.

Key provisions

  • Amends NRS 691D.330 (portable electronics insurance) to restate and clarify existing notice obligations:
    • Insurers generally may not terminate a policy before its term ends without providing at least 30 days’ advance written notice to the policyholder and, where applicable, each enrolled customer.
    • Insurers must provide at least 30 days’ notice before changing a policy term or condition; enrolled customers receive revised certificates or summaries of material changes.
    • Immediate termination of an enrolled customer’s coverage is permitted for fraud or material misrepresentation (with notice within 10 days of discovery) and for failure to pay premium, loss of active vendor service, or exhaustion of aggregate limits (with notice requirements described).
    • Vendors or holders of group policies may not terminate a group policy without at least 30 days’ notice to enrolled customers; insurers may authorize vendors to provide notice on their behalf.
  • Notice delivery methods (Section 6):
    • Notices must be in writing and either (a) mailed/delivered to the last known address, or (b) sent by electronic mail or other electronic means to the last known email address — except as otherwise provided in NRS 680A.560.
    • Removes the prior requirement that electronic delivery for portable electronics insurance be done “in accordance with regulations adopted by the Commissioner.”
    • Insurers/vendors must retain proof of mailing/delivery or an electronic record showing the notice was sent.

Who is affected

  • Primary: insurers issuing policies of portable electronics insurance, vendors holding group policies that enable customer enrollment, and enrolled customers/individual policyholders.
  • Secondary: state Division of Insurance (administration/enforcement); potential regulatory housekeeping (e.g., repeal or revision of related regulations).

Impact and fiscal notes

  • Committee reports indicate no fiscal impact on the State or local governments.
  • Nevada Division of Insurance testified neutral; it indicated the change would reduce confusion between existing statutory provisions and that NAC 691D.300 might be repealed if the bill is enacted.

Procedural/timeline highlights

  • Passed both legislative houses (unanimous or near-unanimous recorded votes in committee and floor actions).
  • Enrolled and delivered to the Governor in 2025; approved by the Governor and chaptered into law in 2025.

If you want, I can produce a redline showing the exact wording changes to NRS 691D.330 or a plain-language checklist insurers must follow under the amended statute.

Compiled from official sources — confirm details with the bill’s official record.

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