S 2841 - Increases the Minimum Liability Insurance Requirements for Motor Carriers - New Jersey Key Vote

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Title: Increases the Minimum Liability Insurance Requirements for Motor Carriers

Title: Increases the Minimum Liability Insurance Requirements for Motor Carriers

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Title: Increases the Minimum Liability Insurance Requirements for Motor Carriers

Vote Smart's Synopsis:

Vote to amend and pass a bill increases the minimum liability insurance requirement for motor carriers.

Highlights:

  • Increases the minimum liability insurance requirements to $1.5 million for motor carriers with vehicles that weigh 26,001 lbs or more beginning January 16, 2024 (Sec. 1).

  • Specifies that the provisions of this bill shall take effect immediately following passage and approval by the governor (Sec. 1).

Title: Increases the Minimum Liability Insurance Requirements for Motor Carriers

Title: Increases the Minimum Liability Insurance Requirements for Motor Carriers

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