New Jersey Department of Banking and Insurance On Mold
What New Jersey Department of Banking and Insurance says about mold, insurance and cleanup, with each line linked to its page.
Dollar Caps On Mold
New Jersey Bulletin 02-14 says mold property coverage should be offered at 10,000 dollars a year, with 25,000 and 50,000 dollar options.
Coverage should be offered at $10,000, on an aggregate basis, with optional increased limits of $25,000, and $50,000 made available.
The same bulletin says mold liability coverage should apply up to at least 50,000 dollars, with up to 100,000 dollars on request.
Liability coverage should apply, up to at least $50,000, on an aggregate basis