Current through the 2023 Regular Session
Section 33-23-222 - Telematics agreement disclosures(1) A telematics agreement must be signed by the policyholder.(2) A telematics agreement must disclose the following:(a) if the insurer or a third party designated by the insurer provides the recording device, the categories of recorded data the recording device is capable of collecting, storing, or transmitting;(b) the identification of any third party that may collect, store, transmit, or receive the recorded data in relation to the terms of the telematics agreement;(c) the categories of recorded data that may be collected, stored, or transmitted;(d) the purposes for which the insurer or a third party may use the recorded data;(e) the length of time the insurer or third party may collect, store, transmit, or otherwise retain the data; and(f) the terms of any benefit associated with the telematics agreement.Added by Laws 2015, Ch. 304, Sec. 2, eff. 10/1/2015, and applicable to telematics agreements entered into or renewed on or after January 1, 2016. See Laws 2015, Ch. 304, Sec. 9.