Business Insurance Registry

Fees:

Each registration and application for permit shall be accompanied by a fee as required by the following:

      Type of Dwelling                       Fee

Residential detached Single-family dwelling$50 per dwelling
Residential two-family or multifamily dwelling$50 for first dwelling unit, plus $25 per additional dwelling unit
Rooming or Boardinghouse$50 for the first dwelling unit, plus $25 per additional rooming/boarding unit
Residential apartments$50 for the first dwelling unit, plus $25 per additional apartment unit

Each annual registration of a certificate of insurance for each business, rental unit(s) or multi-family rental units of four or fewer units, one of which is owner occupied shall be accompanied by a fee as required by the following:

     Type of Dwelling                       Fee

Business Owner$25.00 per Business
Rental Unit(s)$25.00 per rental unit address
Multi-family home with four or fewer units, one of which is owner occupied$25.00 per multi-family home

ORDINANCE 23-18 "AN ORDINANCE AMENDING CHAPTER 5, "LICENSES, PERMITS AND BUSINESS REGULATIONS," ARTICLE 1, "PAYMENT OF TAXES REQUIRED," SECTION 1, "PAYMENT OF TAXES REQUIRED FOR ISSUANCE OF LICENSE OR PERMIT" AND CHAPTER 20 "RENTAL PROPERTY," ARTICLE 1, "RENTAL PROPERTY REGISTRATION," OF THE BOROUGH'S MUNICIPAL CODE

Business Insurance Registry

  2. As of August 5, 2022, new State law S-1368 requires all business owners and owners of multifamily rental units to maintain certain levels of liability insurance. In addition, the new law requires that all business owners and owners of multifamily rental units annually register a certificate of insurance with the municipality where the business or rental unit is located. 

    The owner of a business or the owner of a rental unit or units shall maintain liability insurance for 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. 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.

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