Bill
Bill > S2980
NJ S2980
Prohibits motor vehicle liability insurance policy from restricting full payment of recovery amounts under covered person's policy.
summary
Introduced
09/22/2022
09/22/2022
In Committee
09/22/2022
09/22/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Prohibits motor vehicle liability insurance policy from restricting full payment of recovery amounts under covered person's policy.
AI Summary
This bill prohibits motor vehicle liability insurance policies from restricting the full payment of recovery amounts under a covered person's policy. It mandates that such policies cannot provide less uninsured or underinsured motorist coverage for an individual employed by a corporate or business entity than the coverage provided to the named insured. Additionally, the bill clarifies that "permissive user" refers to a person granted temporary permission by the vehicle owner to operate the vehicle, and that the policy limits associated with the vehicle used by the permissive user will apply. The provisions of this bill apply to automobile insurance policies initiated or renewed on or after the 90th day following enactment.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Senate Commerce Hearing (13:00:00 12/18/2023 Committee Room 6, First Floor, State House Annex, Trenton, NJ) (on 12/18/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2980 |
| BillText | https://pub.njleg.gov/Bills/2022/S3000/2980_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S3000/2980_I1.PDF |
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