New Jersey S1382 revises personal injury protection coverage for basic auto insurance to $20,000 and mandates $50,000 for standard liability.
New Jersey S1382 amends the state's automobile insurance policies by increasing the personal injury protection coverage for basic auto insurance from $15,000 to $20,000. Additionally, it requires a minimum personal injury protection coverage of $50,000 for standard automobile liability insurance policies. The bill also mandates insurers to inform policyholders if their standard auto liability insurance policy limits have increased to meet the new requirements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.