Repeals no-fault automobile insurance law and requires mandatory liability insurance law for motor vehicles.

This bill (S 3120) requires all motor vehicle owners registered or garaged in New Jersey to maintain minimum liability insurance coverage with significantly higher limits than currently required. Specifically, it raises the minimum coverage to $100,000 per person and $200,000 per accident for bodily injury/death (from $15,000/$30,000), while keeping $5,000 for property damage. The bill deletes existing provisions that allowed owners to meet requirements through lower-coverage "basic" or "special" policies, effectively eliminating those options. This directly affects all New Jersey vehicle owners by mandating higher insurance minimums for liability coverage. The bill is currently pending in the Senate Commerce Committee after introduction on January 13, 2026.