Bill Text: NJ S2429 | 2018-2019 | Regular Session | Introduced


Bill Title: Requires automobile insurers to disclose policy limits upon request by an attorney under certain circumstances.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Engrossed) 2019-05-13 - Received in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee [S2429 Detail]

Download: New_Jersey-2018-S2429-Introduced.html

SENATE, No. 2429

STATE OF NEW JERSEY

218th LEGISLATURE

INTRODUCED APRIL 5, 2018

 


 

Sponsored by:

Senator  NICHOLAS P. SCUTARI

District 22 (Middlesex, Somerset and Union)

Senator  NELLIE POU

District 35 (Bergen and Passaic)

 

 

 

 

SYNOPSIS

     Requires automobile insurers to disclose policy limits upon request by an attorney under certain circumstances.

 

CURRENT VERSION OF TEXT

     As introduced.

 


An Act concerning disclosure of automobile insurance policy limits and supplementing P.L.1972, c.70 (C.39:6A-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    a.  An insurer who receives a request, from an attorney admitted to the practice of law in this State, for disclosure of the policy limits under a private passenger automobile insurance policy issued by the insurer to an insured, shall provide written disclosure of the policy limits to the attorney no later than 30 days from receipt of the request.  The disclosure shall indicate the limits of all private passenger automobile insurance policies and any applicable umbrella or excess liability insurance policies issued by the insurer to the insured.

     b.    A request for disclosure of policy limits shall be in writing and shall include:

     (1)   a statement that the attorney represents an individual who has suffered bodily injury or death alleged to be caused by a motor vehicle accident with an insured under a private passenger automobile insurance policy issued by the insurer;

     (2) the name and last known address of the insured;

     (3)   the date and approximate time of the motor vehicle accident; and

     (4)   a copy of the accident report, if available, relating to the motor vehicle accident.

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill provides that an insurer who receives a request, from an attorney admitted to the practice of law in this State, for disclosure of the policy limits under a private passenger automobile insurance policy issued by the insurer to an insured, shall provide written disclosure of the policy limits to the attorney within 30 days from receipt of the request. The disclosure shall indicate the limits of all private passenger automobile insurance policies and any applicable umbrella or excess liability insurance policies issued by the insurer to the insured.

     The bill provides that a request for disclosure of policy limits shall be in writing and shall include:

     (1)   a statement that the attorney represents an individual who has suffered bodily injury or death alleged to be caused by a motor vehicle accident with an insured under a private passenger automobile insurance policy issued by the insurer;

     (2)   the name and last known address of the insured;

     (3)   the date and approximate time of the motor vehicle accident; and

     (4)   a copy of the accident report, if available, relating to the motor vehicle accident.

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