N.J. Admin. Code § 11:13-7.4

Current through Register Vol. 56, No. 24, December 18, 2024

Section 11:13-7.4 - Exclusions from coverage for lead liability

(a) The Department shall approve policy forms filings that include policy provisions or rating rules as follows:

1. That the lead liability exclusion applies only if the covered premises were constructed prior to 1978; and

2. That the insurer be required to offer liability coverage for lead paint or lead contamination if the premises covered by such policy has been certified as being free of existing lead hazards pursuant to standards to be established by the Department of Community Affairs.

(b) Insurers filing pursuant to (a) above shall provide insureds with written notice at least one year prior to renewal of a policy of the change in coverage resulting from the exclusion, which shall include the following statements:

1. That the exclusion applies only to premises constructed prior to 1978;

2. That the exclusion shall become part of the policy on renewal; and

3. That the insured may purchase liability coverage for lead paint or lead contamination if the premises covered by the policy has been certified as being free of existing lead hazards pursuant to standards to be established by the Department of Community Affairs.

N.J. Admin. Code § 11:13-7.4

New Rule, R.1998 d.44, effective 1/20/1998.
See: 28 N.J.R. 5137(b), 30 N.J.R. 367(a).
Former N.J.A.C. 11:13-7.4, "Refiling policy forms" recodified to N.J.A.C. 11:13-7.5.
Amended by R.2003 d.21, effective 1/6/2003.
See: 34 N.J.R. 2947(a), 35 N.J.R. 252(a).
Rewrote the section.
Amended by R.2008 d.74, effective 4/7/2008.
See: 39 N.J.R. 5176(a), 40 N.J.R. 1888(a).
Section was "Exclusions from coverage". In (a)1, inserted "lead liability".