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NJ S3266

NJ S3266
Revises personal injury protection coverage for basic automobile insurance policies from $15,000 to $50,000 and requires $50,000 minimum personal injury protection coverage for standard automobile liability insurance policies.


summary

Introduced
10/31/2022
In Committee
10/31/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Revises personal injury protection coverage for basic automobile insurance policies from $15,000 to $50,000 and requires $50,000 minimum personal injury protection coverage for standard automobile liability insurance policies.

AI Summary

This bill revises the personal injury protection (PIP) coverage for basic automobile insurance policies in New Jersey. It increases the minimum PIP coverage from $15,000 to $50,000 per person per accident. Additionally, the bill requires a minimum of $50,000 in PIP coverage for standard automobile liability insurance policies. These changes aim to provide greater financial protection for individuals who sustain bodily injuries in automobile accidents, regardless of fault.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 10/31/2022)

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