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Thursday, September 26, 2013

CITIZENS UNITED RECIPROCAL EXCHANGE VS. SABRINA A PEREZ

CITIZENS UNITED RECIPROCAL EXCHANGE VS. SABRINA A
PEREZ, ET AL.
A-3100-11T1
An insurance exchange appealed the trial court's
holding that when an automobile insurance policy is
declared void from its inception due to a fraudulent
application, an innocent injured third party is entitled to
the statutory mandatory minimum liability coverage of up to
$15,000/$30,000. The majority reaffirmed our holding in
New Jersey Manufacturers Insurance Co. v. Varjabedian, 391
N.J. Super. 253 (App. Div.), certif. denied, 192 N.J. 295 09-13-13