Bill > A4643

This bill revises the law concerning physical damage inspection of vehicles by automobile insurers in New Jersey. It allows insurers to waive the mandatory inspection requirement in certain circumstances, such as when a new vehicle is purchased from a dealership, the vehicle is more than seven model years old, or the insured has been continuously insured with the same insurer for four or more years. The bill also permits insurers to authorize the insured to conduct a self-inspection using the insurer's mobile application, with specific requirements for the self-inspection report and photographs. The Department of Banking and Insurance is responsible for establishing guidelines and procedures for these inspections and waivers.

Budget and Finance, Business and Industry

https://www.njleg.state.nj.us/bill-search/2022/A4643