New Jersey Statutes
§ 40A:10A-1 — Liability insurance, negligent acts, omissions; business owners, rental unit, units owner.
New Jersey § 40A:10A-1
JurisdictionNew Jersey
Title 40AMUNICIPALITIES AND COUNTIES
This text of New Jersey § 40A:10A-1 (Liability insurance, negligent acts, omissions; business owners, rental unit, units owner.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 40A:10A-1 (2026).
Text
1.
a.Except as provided in subsection b. of this section, the owner of a business or the owner of a rental unit or units shall maintain liability insurance for negligent acts and omissions 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.
b.The owner of a multifamily home which is four or fewer units, one of which is owner-occupied, shall maintain liability insurance for negligent acts and omissions in an amount of no less than $300,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence. L.2022, c.92, s.1.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40A:10A-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40A/40A%3A10A-1.