As used in sections 41-1081 through 41-1089 , Idaho Code:
- (1) "Customer" means a person who purchases portable electronics or services.
- (2) "Enrolled Customer" means a customer who purchases coverage under a portable electronics insurance policy issued to a vendor of portable electronics, which vendor would be the insured under a master or group policy.
- (3) "Location" means any physical location in the state of Idaho or any website, call center site or similar location directed to residents of the state of Idaho.
- (4) "Portable electronics" means electronic devices that are portable in nature and includes accessories and any services related to the use of such device.
(5)
- (a) "Portable electronics insurance" means insurance providing coverage for the repair or replacement of portable electronics against any one (1) or more of the following causes of loss: loss of the portable electronic device, theft, inoperability due to mechanical failure, malfunction, damage or other similar causes of loss;
(b) "Portable electronics insurance" does not include:
- (i) A service contract as defined in section 41-114A, Idaho Code;
- (ii) A policy of insurance covering a seller’s or a manufacturer’s obligations under a warranty; or
- (iii) A homeowner’s, renter’s, private passenger automobile, commercial multi-peril or similar insurance policy.
(6) "Portable electronics transaction" means:
- (a) The sale or lease of portable electronics by a vendor to a customer; or
- (b) The sale of a service related to the use of portable electronics by a vendor to a customer.
- (7) "Supervising entity" means a business entity that is a licensed insurer or insurance producer that is authorized by an insurer to supervise the administration of a portable electronics insurance program.
- (8) "Vendor" means a person in the business of engaging in portable electronics transactions directly or indirectly.
[41-1082, added 2012, ch. 226, sec. 4, p. 621.]