Exempts farm vehicles from certain commercial motor vehicle liability coverage requirements.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill exempts farm vehicles, specifically farm tractors and traction equipment used for farm operation, from certain commercial motor vehicle liability coverage requirements in New Jersey. Currently, owners of commercial motor vehicles must maintain substantial liability insurance. This bill reduces that requirement for farm vehicles to $300,000, aligning coverage with the risks associated with agricultural operations. The bill amends existing state law to reflect these changes.
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