New Jersey Gov. Phil Murphy has signed S-1558 into law, which under certain circumstances, requires auto insurers throughout the state to disclose policy limits to an injured party upon request by an attorney.
S-1558 has been one of the New Jersey Association for Justice’s (NJAJ) top legislative priorities, according to the association’s president. State law previously required a lawsuit to be filed against an auto insurer before policy amounts would be disclosed. Needless to say, this system led to many unnecessary lawsuits on a daily basis, as injured parties and their attorneys had to sue just to receive basic information from insurance companies. S-1558 effectively fixed this poorly designed system.
“Many times insurance companies have refused to disclose their limits and while doing so, will request that we provide information and medical records related to the claim being brought by our clients,” partner and shareholder Brett Greiner told the New Jersey Law Journal, Law.com. “While I would generally not provide this without disclosure of the policy limits, even if one were to do so it would not permit cases to resolve without lawsuits being filed because you cannot settle a case unless you know how much coverage a defendant has available to them. … This law should make the whole process more efficient and fair.”
Advocating for Auto Accident Victims Across New Jersey
Our attorney team at Levinson Axelrod, P.A. has fought for the rights of accident victims for over 80 years; in the past 5 years alone, we have won a total of more than $350 million for our clients throughout New Jersey. With the passage of S-1558, our results-driven approach has only been made more efficient. Work with a team that truly cares about you as a person, not as just another case file.
Contact us online or call (732) 440-3089 to book a free case review today.