New Jersey A 3665: Establishes "Art in Storefronts" initiative within the Main Street New Jersey program.

Bill Text

A3665 

ASSEMBLY, No. 3665 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblyman DONALD A. GUARDIAN

District 2 (Atlantic)

SYNOPSIS

���� Prohibits use of gap in automobile insurance coverage 
as rating factor in automobile insurance underwriting under certain 
circumstances.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

�� 

An Act concerning private passenger automobile insurance 
rating plans and amending P.L.1997, c.151.

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

���� 1.��� Section 15 of P.L. 1997, 
c.151 (C.17:29A-46.2) is amended to read as follows:

���� 15.� a. �Insurers shall put in 
writing all underwriting rules applicable to each rate level utilized pursuant 
to section 14 of P.L.1997, c.151 (C.17:29A-46.1).� An insurer may take into 
account factors, including, but not limited to, driving record characteristics 
appropriate for underwriting and classification in formulating its underwriting 
rules; provided that: 

���� (1)�� no underwriting 
rule based on motor vehicle violations shall be formulated in such a manner as 
to assign any named insured to a rating tier other than the standard rating 
tier applicable to the insured's territory solely on the basis of accumulating 
four motor vehicle points or less[. 
No];� 

���� (2)�� no underwriting 
rule shall operate in such a manner as to assign a risk to a rating plan on the 
basis of the territory in which the insured resides or any other factor which 
the commissioner finds is a surrogate for territory; and 

���� (3)�� no underwriting rule 
shall operate in such a manner as to assign a risk to a rating plan on the 
basis that a previously insured applicant has had a lapse as a named insured 
under an automobile insurance policy for any �period of time.� 

���� An insurer which knowingly 
fails to transact automobile insurance consistently with its underwriting rules 
shall be subject to a fine of not less than $1,000 for each violation.

���� b.��� All underwriting rules 
applicable to each rate level as provided for in section 14 of P.L.1997, c.151 
(C.17:29A-46.1) shall be filed with the commissioner and shall be subject to 
his prior approval. All underwriting rules shall be subject to public inspection. 
Except as provided in subsection d. of section 27 of P.L.1990, c.8 
(C.17:33B-15), insurers shall apply their underwriting rules uniformly and 
without exception throughout the State, so that every applicant or insured 
conforming with the underwriting rules will be insured or renewed, and so that 
every applicant not conforming with the underwriting rules will be refused 
insurance.

���� c.���� An insurer with more 
than one rating plan for private passenger automobile insurance policies 
providing identical coverages shall not adopt underwriting rules which would 
permit a person to be insured for private passenger automobile insurance under 
more than one of the rating plans.

���� d.��� An insurer that revises 
its underwriting rules with respect to the assignment of insureds to rating 
tiers based on the number of accumulated motor vehicle points, as provided by 
subsection a. of this section, as amended by P.L.2003, c.89, shall certify to 
the commissioner that the revised rule will produce rates that are revenue 
neutral based upon the insurer's current coverages and book of business.

(cf: P.L.2003, c.89, s.40)

���� 2.��� This act shall take 
effect on the 90th day next following enactment.

STATEMENT

���� This bill provides that no underwriting rule 
shall operate in such a manner as to assign a risk to a rating plan on the 
basis that a previously insured applicant has had a lapse as a named insured 
under an automobile insurance policy for any period of time.