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Bill > A6147
NJ A6147
NJ A6147Lowers minimum amount of uninsured and underinsured motorist coverage for transportation network companies and transportation network company drivers.
summary
Introduced
12/04/2025
12/04/2025
In Committee
12/04/2025
12/04/2025
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill lowers the minimum amount of uninsured and underinsured motorist coverage required to be maintained by a transportation network company driver, a transportation network company, or any combination of the two whenever a transportation network company driver is providing a prearranged ride. Under the bill, the required coverage would be lowered from $1,500,000 to (1) an amount or limit of $25,000 for plans issued or renewed on or after January 1, 2023 but prior to January 1, 2026, and $35,000 for plans issued or renewed on or after January 1, 2026, exclusive of interest and costs, on account of injury to, or death of, one person, in any one accident; (2) an amount or limit, subject to such limit for any one person so injured or killed, of $50,000 for plans issued or renewed after January 1, 2023 but prior to January 1, 2026, and $70,000 for plans issued or renewed after January 1, 2026, exclusive of interest and costs, on account of injury to or death of, more than one person, in any one accident; and (3) an amount or limit of $25,000, exclusive of interest and costs, for damage to property in any one accident for plans issued or renewed after January 1, 2023.
AI Summary
This bill modifies the insurance coverage requirements for transportation network companies (TNCs), such as Uber or Lyft, and their drivers. Specifically, the bill reduces the minimum uninsured and underinsured motorist coverage from $1,500,000 to a graduated scale: for plans issued or renewed between January 1, 2023 and January 1, 2026, coverage will be $25,000 per person and $50,000 for multiple persons in an accident, with property damage coverage of $25,000; after January 1, 2026, these amounts will increase to $35,000 per person and $70,000 for multiple persons. The bill maintains other existing insurance requirements for TNCs, such as primary automobile liability insurance and medical payment benefits, and ensures that if a driver's insurance lapses, the TNC must provide coverage. The legislation aims to lower insurance costs for transportation network companies and their drivers while still maintaining a baseline of protection for passengers and other parties involved in potential accidents. The changes apply to situations when a TNC driver is logged into the company's digital network and when they are providing a prearranged ride.
Committee Categories
Business and Industry
Sponsors (6)
Roy Freiman (D)*,
Sterley Stanley (D)*,
David Bailey (D),
Melinda Kane (D),
Robert Karabinchak (D),
Alexander Schnall (D),
Last Action
Assembly Financial Institutions and Insurance Hearing (10:00:00 12/11/2025 Committee Room 11, 4th Floor, State House Annex, Trenton, NJ) (on 12/11/2025)
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/A6147 |
| BillText | https://pub.njleg.gov/Bills/2024/A6500/6147_I1.HTM |
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