N.J. Admin. Code § 11:3-15.3

Current through Register Vol. 56, No. 21, November 4, 2024
Section 11:3-15.3 - Definitions

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

"Basic automobile insurance policy" or "basic policy" means those private passenger automobile insurance policies issued in accordance with 39:6A-3.1 and N.J.A.C. 11:3-3.

"Commissioner" means the Commissioner of the Department of Banking and Insurance.

"Department" means the Department of Banking and Insurance of the State of New Jersey.

"Insurer" means any person, corporation, association, partnership, company, reciprocal exchange and any other legal entity issuing a contract of private passenger automobile insurance, including any residual market mechanism established pursuant to any New Jersey statute. As appropriate, "insurer" shall also mean a servicing carrier for a residual market mechanism.

"Private passenger automobile insurance policy" means a Standard policy as defined in 39:6a-3 or a Basic policy as defined in 39:6A-3.1 providing direct insurance on an automobile as defined in 39:6A-2.

"Standard automobile insurance policy" or "standard policy" means a private passenger automobile insurance policy issued in accordance with 39:6A-3 that includes the personal injury protection coverage described in 39:6A-4.

N.J. Admin. Code § 11:3-15.3

New Rule, R.1989 d.117, effective 2/21/1989.
See: 20 New Jersey Register 2984(a), 21 New Jersey Register 558(b).
Repealed old rule, "effective date."
Amended by R.1989 d.624, effective 12/18/1989 (operative January 1, 1990).
See: 21 New Jersey Register 3244(a), 21 New Jersey Register 3922(a).
NJAFIUA added to definition of "insurance company".
Amended by R.1990 d.580, effective 11/19/1990 (operative January 1, 1991).
See: 22 New Jersey Register 1681(a), 22 New Jersey Register 3488(b).
Changed definition of "Insurance Company" for consistency with "The Fair Automobile Insurance Reform Act of 1990", P.L. 1990 c.8.
Amended by R.1998 d.595, effective 12/21/1998 (operative March 22, 1999).
See: 30 New Jersey Register 3577(a), 30 New Jersey Register 4452(a).
Rewrote the section.
Amended by R.2004 d.117, effective 3/15/2004.
See: 35 New Jersey Register 3523(a), 36 New Jersey Register 1420(a).
Added "Private passenger automobile insurance policy".