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New Jersey to Adopt Homeowners Policy Summary Sheet

In the wake of Superstorm Sandy, insurers in New Jersey will be required to add a summary sheet to homeowners policies issued to consumers.

By Mark E. Ruquet | Updated on May 13, 2013

In the wake of Superstorm Sandy, insurers in New Jersey will be required to add a summary sheet to homeowners policies issued to consumers, which an industry official cautiously endorsed as long as it does not prove burdensome to carriers.

On Monday, the Star-Ledger reported that Gov. Chris Christie signed into law a bill that requires insurers to provide a one-page summary explaining notable coverage and exclusions under the policy. The summary will be included with the consumer information brochure that policyholders already receive.

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