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What is the statutory range of PIP medical expense benefits available on a New Jersey Standard private passenger auto policy under AICRA?

Q: What is the statutory range of PIP medical expense benefits available on a New Jersey Standard private passenger auto policy under AICRA?

$15,000 minimum to $250,000 maximum — N.J.S.A. 39:6A-4 establishes PIP medical expense benefits on the Standard auto policy ranging from a $15,000 statutory minimum up to $250,000. Higher limits are available for certain catastrophic injuries even when the insured selects a lower base limit, and the default selection without an affirmative election is $250,000.

A$5,000 minimum to $50,000 maximum

B$25,000 minimum to $100,000 maximum

C$10,000 fixed amount only

$15,000 minimum to $250,000 maximum

Why this is the answer

N.J.S.A. 39:6A-4 establishes PIP medical expense benefits on the Standard auto policy ranging from a $15,000 statutory minimum up to $250,000. Higher limits are available for certain catastrophic injuries even when the insured selects a lower base limit, and the default selection without an affirmative election is $250,000.

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