Bill

Bill > A1080


NJ A1080

NJ A1080
Mandates renter's insurance for individuals leasing dwelling units.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill mandates renter's insurance for individuals entering into or renewing a lease agreement for a dwelling unit. As used in this bill, "renter's insurance" means an insurance policy or contract that protects an individual leasing a dwelling unit against loss of personal property, liability claims, or additional living expenses incurred from the temporary displacement of the individual from the dwelling unit.

AI Summary

This bill mandates renter's insurance for individuals entering into or renewing a lease agreement for a dwelling unit. Renter's insurance is defined as an insurance policy or contract that protects an individual leasing a dwelling unit against loss of personal property, liability claims, or additional living expenses incurred from the temporary displacement of the individual from the dwelling unit. The bill will take effect 90 days after enactment and apply to all lease agreements entered into or renewed on or after that date.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly Housing Committee (on 01/09/2024)

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