New Jersey § 39:6a-3

§ 39:6a-3.

Compulsory automobile insurance coverage; limits. Except as provided by section 4 of P.L.1998, c. 21 ( C.39:6A-3.1 ), every owner or registered owner of an automobile registered or principally garaged

in this State shall maintain automobile liability insurance coverage, under provisions

approved by the Commissioner of Banking and Insurance, insuring against loss resulting

from liability imposed by law for bodily injury, death and property damage sustained

by any person arising out of the ownership, maintenance, operation or use of an automobile

wherein such coverage shall be at least in: a. an amount or limit of $15,000.00 for plans issued or renewed prior to January 1, 2023, $25,000 for plans issued or

renewed on or after January 1, 2023 but prior to January 1, 2026, and $35,000 for

plans issued or renewed on or after January 1, 2026 , exclusive of interest and costs, on account of injury to, or death of, one person,

in any one accident; and b. an amount or limit, subject to such limit for any one person so injured or killed,

of $30,000.00 for plans issued or renewed prior to January 1, 2023, $50,000 for plans issued or

renewed on or after January 1, 2023 but prior to January 1, 2026, and $70,000 for

plans issued or renewed on or after January 1, 2026 , exclusive of interest and costs, on account of injury to or death of, more than

one person, in any one accident; and c. an amount or limit of $25,000 for plans issued or renewed on or after January 1, 2023 , exclusive of interest and costs, for damage to property in any one accident. No licensed insurance carrier shall refuse to renew the required coverage stipulated

by this act of an eligible person as defined in section 25 of P.L.1990, c. 8 ( C.17:33B-13 ) except in accordance with the provisions of section 26 of P.L.1988, c. 119 ( C.17:29C-7.1 ) or with the consent of the Commissioner of Banking and Insurance.