[HISTORY: Adopted by the Township Council of the Township of Allamuchy 10-10-2023 by Ord. No. 2023-13. Amendments noted where applicable.]
A. 
The owner of a business or the owner of a rental unit or units, other than a multifamily home as set forth in § 108-1B below, shall be required to maintain liability insurance for all negligent acts and omissions in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
B. 
The owner of a multifamily home which is four or fewer units, one of which is owner- occupied, shall maintain liability insurance for negligent acts and omissions in an amount of no less than $300,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
A. 
Any owner of a business or rental unit(s) required to maintain insurance as set forth in this chapter is required to submit a certificate of such insurance coverage with the Township Clerk as follows:
(1) 
Within 30 days of the date this chapter takes effect.
(2) 
Within 30 days of the date of establishment of said business or rental unit(s) within the Township of Allamuchy.
(3) 
On or before January 15 of each year following enactment of this chapter.
B. 
A new certificate shall be submitted for each calendar year no later than January 15 of each year. It shall be the responsibility of any owner conducting, operating or engaging in any business covered by this requirement to submit a certificate with the Office of the Township Clerk.
The following words and phrases, when used in this chapter, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:
BUSINESS
Any person offering and/or engaged in buying, selling, storing and/or transferring merchandise, goods, real property, personal property, moneys, services and/or other items, who does so for a fee, price, retainer, commission, percentage and/or other means of compensation for the purpose, stated or otherwise, of realizing a profit or other gain.
CERTIFICATE OF INSURANCE
The certificate of insurance form.
MUNICIPAL INSURANCE REGISTRATION FORM
The registration form to be filed with the Township Clerk.
MUNICIPALITY
The Township of Allamuchy.
A. 
Any business owner, rental unit owner, or owner of a multifamily home that is four or fewer units, one of which is owner-occupied, located within the Township of Allamuchy shall file a completed municipal insurance registration form and certificate of insurance with the Township Clerk and shall pay the required fee.
B. 
The municipal insurance registration form shall contain the following information for each owner submitting a certificate:
(1) 
The name of the owner.
(2) 
The nature of and address of the business, rental unit(s) or multifamily home(s).
(3) 
The business address of the owner.
(4) 
The home address of the owner.
(5) 
The business telephone number of the owner
(6) 
The home telephone number and/or cell number of the owner.
(7) 
The trade name or other business identification titles used by the owner.
C. 
Upon receipt of the information required by § 108-4A and B, the Township Clerk shall provide the owner with an acknowledgment of receipt.
A. 
In the event that two or more businesses occupy the same location, the owner shall be required to complete a separate municipal insurance registration form and submit a separate certificate for each such business.
B. 
In the event that the same owner conducts businesses at two or more locations, a separate business registration form and certificate shall be submitted for each location.
The annual fee for registration of the certificate of insurance pursuant to this chapter shall be $25, due at the time the certificate of insurance is to be registered with the Township Clerk.