New Jersey Statutes
§ 17:30E-15 — Mandatory coverage limits
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
A qualified applicant who is eligible for coverage through the association shall be offered and entitled to coverage up to at least the following limits: a. bodily injury liability: $250,000.00 each person, $500,000.00 each accident; b. property damage liability: $100,000.00; c. bodily injury and property damage: $500,000.00 single limit each accident; d. comprehensive and collision coverage; e. uninsured motorist and underinsured motorist coverage: $250,000.00 each person and $500,000.00 each accident for bodily injury; $100,000.00 each accident for property damage or $500,000.00 single limit, subject to an exclusion of the first $500.00, unless the named insured elects a lower deductible in writing in an amount not less than $250.00, of the damage to property for each accident, except th
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Nearby Sections
15
§ 17:30E-1
Short title§ 17:30E-10
Assignment of association business§ 17:30E-11
Schedule of commissions§ 17:30E-12
Servicing carrier§ 17:30E-13
Territorial base rates§ 17:30E-13.1
Collision, comprehensive coverage rates§ 17:30E-14
Procedures for voluntary coverage§ 17:30E-15
Mandatory coverage limits§ 17:30E-16
Hearing§ 17:30E-17
Suspension, revocation; penalties§ 17:30E-17.1
Violation by servicing carrier§ 17:30E-18
Annual report§ 17:30E-18.1
Examination§ 17:30E-2
Purpose