[Third Reprint]

SENATE, No. 822

STATE OF NEW JERSEY

218th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2018 SESSION

 

 

Sponsored by:

Senator  NICHOLAS P. SCUTARI

District 22 (Middlesex, Somerset and Union)

 

 

 

 

SYNOPSIS

     Requires business owners and rental unit owners to maintain certain liability insurance policies.

 

CURRENT VERSION OF TEXT

     As amended by the Senate on June 25, 2018.

 

An Act requiring liability insurance for 1[employers] business owners1 and 2[multiple dwelling] rental2 unit owners and supplementing 1[chapter 15 of]1 Title 1[34] 171 of the Revised Statutes 1[and P.L.1967, c.76 (C.55:13A-1 et seq.)]1.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1[1.    Any employer subject to the “employers’ liability insurance law,” R.S.34:15-70 et seq., shall maintain a policy of general liability insurance for negligent acts in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.]1

 

     1[2.]     1.1    The owner of a 1business or1 3the owner of a3 2[multiple dwelling] rental2 unit 3or units3 shall maintain a 3liability insurance3 policy 3[of] , including, but not limited to,3 1commercial1 general liability insurance 3, personal liability, or an umbrella insurance policy3 for negligent acts in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.

 

     1[3.]     2.1    This act shall take effect on the 90th day next following enactment 3and shall apply to policies issued or renewed on or after the effective date of this act3.