Buyer's Guide - Verbal Threshold

State of New Jersey DEPARTMENT OF BANKING AND INSURANCE LEGISLATIVE AND REGULATORY AFFAIRS PO BOX 325 TRENTON, NJ 08625‐0325 RICHARD J. CODEY DONALD BRYAN Acting Governor TEL (609) 984‐3602 FAX (609) 292‐0896 Acting Commissioner Visit us on the Web at www.njdobi.org New Jersey is an Equal Opportunity Employer   •   Printed on Recycled Paper and Recyclable BULLETIN NO. 05-16 TO: All New Jersey Private Passenger Automobile Insurers FROM: Donald Bryan Acting Commissioner RE: Buyer’s Guide - Verbal Threshold The Department of Banking and Insurance (Department) has amended the New Jersey Auto Insurance Buyer’s Guide (Buyer’s Guide) to reflect the most recent decisions rendered by the New Jersey Supreme Court in Christina DiProspero v. Barbara J. Penn, et al., and Serrano v. Serrano, et al. The Department is deleting the underlined language below from the section of the Buyer’s Guide which addresses “the right to sue.” This section is being amended as follows: LIMITED RIGHT TO SUE - By choosing the Limitation on Lawsuit Option, you agree not to sue the person who caused an auto accident for your pain and suffering unless you sustain one of the permanent injuries listed below AND the injury or injuries are determined to have a serious impact on your life: (Choosing this option does not affect your ability to sue for economic damages such as medical expenses and lost wages.) Insurers should begin distributing the amended Buyers Guide as soon as practicable. The amended Buyer’s Guide may be downloaded at: http://www.state.nj.us/dobi/acrobat/autoguide02.pdf. Any questions regarding this Bulletin should be addressed to Special Deputy Commissioner, Lisa P. Thornton at 609-292-0844, Ext. 50526. 8/8/05 /s/ Donald Bryan Date Donald Bryan Acting Commissioner DHT05-04/inoord