Introduced
by
To authorize an alternative type of “low cost” auto insurance policy for car owners with incomes below 300 percent of the federal poverty rate and a good driving record. The coverage would be exempt from the regular no fault insurance coverage mandate of unlimited personal injury protection (PIP) benefits for injuries and instead offer a maximum benefit of $50,000.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (S-3) be adopted and that the bill then pass.