Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lawmakers probe shortage of mobile-home insurance along Jersey shore; commissioner points to surplus lines and FAIR Plan
Summary
Senators raised constituent complaints that mobile and manufactured homeowners in Cape May County and shoreline communities cannot obtain property insurance; Commissioner Justin Zimmerman said the market is a specialty line, roughly 23,000 policies exist statewide, and suggested surplus lines and the New Jersey FAIR Plan as options while regulators investigate carrier decisions.
Senators told the Budget Committee that constituents who own mobile or manufactured homes in Cape May County and elsewhere along the Jersey shore are facing a growing difficulty obtaining property insurance. They described cases in which existing policies were terminated and few carriers were willing to issue new policies in those areas.
Commissioner Justin…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
