N.J. Admin. Code § 11:3-12.4

Current through Register Vol. 56, No. 23, December 2, 2024

Section 11:3-12.4 - Tax; general provisions

(a) Pursuant to 17:29A-33 et seq., each automobile filer shall calculate and collect taxes for its insureds on a flat uniform fee basis per insured automobile statewide.

1. The flat and uniform fee per insured automobile required in (a) above shall be included in all new or renewal automobile policies issued on or after January 1, 1984.

(b) The fee shall be charged on any additional automobile which is acquired during the policy period. The amount of the fee shall be proportional to the remainder of the policy term.

(c) In the event of the cancellation of the policy or the deletion of the automobile from a policy, the fee shall be refunded in proportion to the earned premium for the period that the policy or coverage on the deleted automobile was in force.

N.J. Admin. Code § 11:3-12.4

Amended by R.2006 d.243, effective 7/3/2006.
See: 37 N.J.R. 4162(a), 38 N.J.R. 2828(c).
Section was "Tax and assessment fees; general provision". Deleted "and assessments" following "taxes" in (a).