Bill

Bill > S789


NJ S789

Eliminates certain personal injury protection options available under standard automobile insurance policies; requires $250,000 of medical expense benefits under standard and basic automobile insurance policies.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill requires all standard and basic automobile insurance policies to provide $250,000 of personal injury protection for medical expense benefits. Under current law, the standard automobile policy provides a number of different coverage options and the opportunity to buy additional protection. One option allows drivers to purchase medical expense benefits in the amounts of $250,000, $150,000, $75,000, $50,000 or $15,000 per person per accident. This bill eliminates the option to purchase medical expense benefits in those amounts, and instead provides that all standard policies will include $250,000 of medical expense benefits. This bill provides that all basic policies must include $250,000 of personal injury protection per person per accident for medical expense benefits. Under current law, basic policies must provide $15,000 per person per accident, except that, medical expense benefits shall be paid in an amount not to exceed $250,000 under certain circumstances.

AI Summary

This bill requires all standard and basic automobile insurance policies to provide $250,000 of personal injury protection for medical expense benefits. It eliminates the option for drivers to purchase lower amounts of medical expense benefits, such as $150,000, $75,000, $50,000 or $15,000 per person per accident. Under current law, basic automobile insurance policies must provide $15,000 per person per accident in medical expense benefits, with the potential for up to $250,000 in certain circumstances. This bill changes the basic policy to mandate the $250,000 medical expense benefit coverage.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 01/14/2020)

bill text


bill summary

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