Requires automobile insurers to include appraisal provisions in insurance policies.

This bill requires New Jersey automobile insurers to include appraisal provisions in all policies. It directly affects policyholders and third-party claimants who disagree with insurers on the value of vehicle damage (actual cash value or repair costs) or third-party settlement offers. If disagreements arise, the policy must allow either party to request a neutral appraiser within 20 days, with a backup umpire process if appraisers cannot agree. The law applies to all claims filed 90 days after enactment and mandates impartial appraisals without financial conflict of interest.