Prohibits motor vehicle liability insurance policy from restricting full payment of recovery amounts under covered person's policy.

S 2993 prevents New Jersey auto insurance policies from restricting recovery amounts for covered individuals to less than the policy's maximum limits for bodily injury, property damage, uninsured/underinsured motorist coverage, and medical payments. It specifically ensures that temporary drivers not named on the policy (permissive users) can recover up to the full limits associated with the vehicle they were operating during an accident. The bill applies to all standard auto insurance policies issued or renewed 90 days after enactment, requiring insurers to honor full policy limits without artificial caps.