Bill
Bill > A3721
NJ A3721
NJ A3721Prohibits use of gap in automobile insurance coverage as rating factor in automobile insurance underwriting under certain circumstances.
summary
Introduced
05/19/2016
05/19/2016
In Committee
12/05/2016
12/05/2016
Crossed Over
11/21/2016
11/21/2016
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill prohibits a private passenger automobile insurance company from using an underwriting rule to assign a risk to a rating plan on the basis that an applicant has not been a named insured under an automobile insurance policy for a period of up to six months.
AI Summary
This bill prohibits private passenger automobile insurance companies from using the fact that an applicant has not been a named insured under an automobile insurance policy for up to six months as a basis for assigning the applicant to a rating plan. The bill aims to prevent insurance companies from using gaps in an applicant's insurance coverage as a factor in their underwriting and rating process.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Received in the Senate, Referred to Senate Commerce Committee (on 12/05/2016)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/A4000/3721_R1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A4000/3721_R1.PDF |
| BillText | https://www.njleg.state.nj.us/2016/Bills/A4000/3721_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A4000/3721_I1.PDF |
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