This bill mandates that special automobile insurance policies include liability insurance coverage. Specifically, it requires these policies to provide coverage of $5,000 for bodily injury or death resulting from an accident, as well as $5,000 for property damage. This change aims to ensure that individuals with special automobile insurance policies are adequately protected against liabilities imposed by law.

Additionally, the bill removes special automobile insurance policies from the definition of an uninsured motor vehicle, which clarifies their status in relation to other types of coverage. The legislation is set to take effect 90 days after enactment and will apply to policies issued, executed, renewed, or delivered on or after that date.

Statutes affected:
Introduced: 17:28-1.1, 39:6A-3.3