New Jersey Proof of Insurance Statute

Do you own investment real estate in New Jersey or are you considering an investment?  If so, did you know that New Jersey recently enacted a new statute that requires that owners of rental units to:

a.               maintain liability insurance for their negligence in an amount of no less than $500,000, and

b.               register a Certificate of Insurance on an Internet website maintained by the Division of Local Government Services                                            in the Department of Community Affairs.

Click here to read the full statute New Jersey Proof of Insurance Statute

Contact realprotect today for a quote on your investment properties and to make sure you’re in compliance with this new law! Get Quote