NJ S1382

Increases personal injury protection (PIP) coverage minimum for basic automobile insurance policies from $15,000 to $20,000 per person per accident in New Jersey.

Establishes a new $50,000 minimum PIP coverage requirement for standard automobile liability insurance policies, which previously had no minimum requirement.

Maintains the existing $250,000 maximum PIP coverage limit for standard policies and preserves $250,000 coverage for permanent brain injury, spinal cord injury, disfigurement, or other significant injuries.

Requires insurers to notify policyholders when their coverage limits are automatically increased at renewal to meet the new minimum requirements, without requiring a signed coverage selection form.

Takes effect in phases: Sections 1 and 2 become effective 90 days after enactment, with remaining provisions effective on the first day of the 18th month following enactment.