A 3396
Lowers minimum amount of motor vehicle liability coverage for autocabs.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill lowers the minimum amount of motor vehicle liability insurance coverage required for autocabs in New Jersey. Specifically, it adjusts the required coverage limits to $200,000 for bodily injury and property damage, with tiered increases based on the date the policy was issued. The bill also modifies existing regulations regarding commercial motor vehicles and operator background checks. These changes aim to reduce the financial burden on autocab operators while maintaining a level of insurance protection.
Sponsors
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Primary sponsor
Sterley Stanley
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