Current through Register Vol. 56, No. 23, December 2, 2024
Section 11:3-22.3 - Coverage option survey requirements(a) Every automobile insurer shall complete and file with the Commissioner the coverage option survey required by this subchapter in accordance with the provisions of N.J.A.C. 11:3-3A. The insurer's survey shall reflect the total number of automobiles with in-force coverage, and shall indicate the personal injury protection and lawsuit threshold or no threshold options selected with respect to each such automobile.(b) Companies may submit the data required by this rule on a group basis, provided that each company included in the group is identified on the coverage option survey forms.(c) Insurers which act as servicing carriers for a residual market mechanism created by statute shall report directly to the Department.(d) Failure to provide the data required by this subchapter by the due dates in N.J.A.C. 11:3-3A may result in penalties pursuant to 17:33-2 and as otherwise authorized by law.N.J. Admin. Code § 11:3-22.3
Amended by R.1991 d.45, effective 2/4/1991.
See: 22 New Jersey Register 1678(a), 23 New Jersey Register 306(b).
In (c): revised address; in (e) deleted NJAFIUA reference and added residual market mechanism text to subsection.
Amended by R.1988 d.65, effective 2/1/1988.
See: 19 New Jersey Register 2237(a), 20 New Jersey Register 295(a).
Change of reporting dates for coverage option selections.
Amended by R.1989 d.267, effective 5/15/1989.
See: 21 New Jersey Register 619(a), 21 New Jersey Register 1358(a).
Changed "tort threshold" to "lawsuit threshold", added $ 250 PIP Deductible to both forms.
Amended by R.1991 d.45, effective 2/4/1991.
See: 22 New Jersey Register 1678(a), 23 New Jersey Register 306(b).
Administrative change.
See: 30 New Jersey Register 1317(a).
Amended by R.2003 d.95, effective 3/3/2003.
See: 34 New Jersey Register 3470(a), 35 New Jersey Register 1289(a).
Rewrote the section.