Insurance policy provisions, including compulsory uninsured and underinsured motorist coverage

What this document is

N.J.S.A. Title 17 Chapter 28 - Insurance policy provisions, including compulsory uninsured and underinsured motorist coverage (17:28-1 through 17:28-8, 16 sections) is a state statute published by New Jersey Legislature (Office of Legislative Services), bulk statute distribution. It is one of the New Jersey documents that insurance license exam questions are written from, including new jersey property & casualty, new jersey personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• N.J.S.A. 17:28-1.1(c) (Required coverage; exceptions)

  “Uninsured and underinsured motorist coverage provided for in this section shall not be increased by stacking the limits of coverage of multiple motor vehicles covered under the same policy of insurance nor shall these coverages be increased by stacking the limits of coverage of multiple policies...”

• N.J.S.A. 17:28-1.1(e)(1) (Required coverage; exceptions)

  “A motor vehicle shall not be considered an underinsured motor vehicle under this section unless the limits of all bodily injury liability insurance or bonds applicable at the time of the accident have been exhausted by payment of settlements or judgments.”

• N.J.S.A. 17:28-1.4 (Mandatory coverage; second sentence)

  “shall include in each policy coverage to satisfy at least the liability insurance requirements of subsection a. of section 1 of P.L.1972, c.197 (C.39:6B-1) or section 3 of P.L.1972, c.70 (C.39:6A-3), the uninsured motorist insurance requirements of subsection a. of section 2 of P.L.1968, c.385...”

• N.J.S.A. 17:28-8(c) (Filing of endorsement to automobile liability insurance policy; "named excluded driver")

  “Election of a "named excluded driver" endorsement shall be in writing and signed by the named insured on a form prescribed by the commissioner. The "named excluded driver" endorsement shall continue in force as to subsequent renewal or replacement policies until the insurer or its authorized...”

• N.J.S.A. 17:28-1.1(f) (Required coverage; corporate or business entity named insured)

  “shall not provide less uninsured or underinsured motorist coverage for an individual employed by the corporate or business entity than the coverage provided to the named insured under the policy. A policy that names a corporate or business entity as a named insured shall be deemed to provide the...”

• N.J.S.A. 17:28-5(d) (Policy provisions)

  “Every master policy shall contain a provision that there shall be delivered by the insurer to the owner or purchaser of a financed automobile insured thereunder a certificate of insurance not later than twenty days after the effective date of the insurance represented thereby”

• N.J.S.A. 17:28-2 (Effect of insolvency or bankruptcy on paying damages; policy provisions; final paragraph)

  “A policy issued in violation of this section shall, nevertheless, be held valid but be deemed to include the provisions required by this section”

• N.J.S.A. 17:28-1.1(e)(1) (Required coverage; definition of underinsured motorist coverage)

  “"underinsured motorist coverage" means insurance for damages because of bodily injury and property damage resulting from an accident arising out of the ownership, maintenance, operation or use of an underinsured motor vehicle. Underinsured motorist coverage shall not apply to an uninsured motor...”

• N.J.S.A. 17:28-1.1(c) (Required coverage; no stacking of uninsured and underinsured motorist coverage)

  “Uninsured and underinsured motorist coverage provided for in this section shall not be increased by stacking the limits of coverage of multiple motor vehicles covered under the same policy of insurance nor shall these coverages be increased by stacking the limits of coverage of multiple policies...”

• N.J.S.A. 17:28-8(c) (Filing of endorsement; named excluded driver; election and duration)

  “Election of a "named excluded driver" endorsement shall be in writing and signed by the named insured on a form prescribed by the commissioner. The "named excluded driver" endorsement shall continue in force as to subsequent renewal or replacement policies until the insurer or its authorized...”

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