Bill
Bill > A1215
NJ A1215
NJ A1215Prohibits use of gap in automobile insurance coverage as rating factor in automobile insurance underwriting under certain circumstances.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill provides that no underwriting rule shall operate in such a manner as to assign a risk to a rating plan on the basis that a previously insured applicant has had a lapse as a named insured under an automobile insurance policy for any period of time.
AI Summary
This bill prohibits the use of a gap in automobile insurance coverage as a rating factor in automobile insurance underwriting under certain circumstances. Specifically, the bill states that no underwriting rule shall operate to assign a risk to a rating plan based on the fact that a previously insured applicant has had a lapse as a named insured under an automobile insurance policy for any period of time.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/14/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A1500/1215_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A1500/1215_I1.PDF |
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