Bill
Bill > A3303
NJ A3303
Requires notice of cancellation or nonrenewal of automobile and homeowners insurance policies to be sent by certified mail, return receipt requested.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires that a written notice of cancellation or nonrenewal of a homeowner's insurance policy or an automobile insurance policy must be sent by certified mail, return receipt requested, and by regular mail with a proof of mailing, or the policy remains in effect.
AI Summary
This bill requires that a written notice of cancellation or nonrenewal of a homeowner's insurance policy or an automobile insurance policy must be sent by certified mail, return receipt requested, and by regular mail with a proof of mailing from the United States Postal Service. If the insurer does not follow these notice requirements, the policy remains in effect. The bill amends existing New Jersey laws to add these new notice requirements.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/09/2024)
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/2024/A3303 |
| BillText | https://pub.njleg.gov/Bills/2024/A3500/3303_I1.HTM |
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