The Motor Vehicle Insurance Verification Act mandates the New Jersey Motor Vehicle Commission to create an online system for verifying motor vehicle insurance. This system aims to identify uninsured motorists effectively and will be the exclusive method for verifying insurance evidence in the state. Motor vehicle insurers are required to provide policy information and cooperate with the commission in establishing this system. The verification system must comply with standards set by the Insurance Industry Committee on Motor Vehicle Administration (IICMVA) and be accessible to law enforcement for real-time verification during traffic stops.

Additionally, the bill outlines specific requirements for the verification system, including maintaining data security, allowing inquiries to insurers, and providing alternative reporting methods for certain insurers. The commission is tasked with conducting a pilot program to test the system for at least nine months before enforcement actions can be taken based on its findings. Furthermore, the commission must report to the Governor and Legislature on the system's costs and effectiveness within two years of its establishment. The act will take effect 90 days after enactment, with provisions for anticipatory administrative actions to facilitate its implementation.