Pa., NJ Bar Hurricane Insurance Deductibles For Sandy Claims

Law360, New York (November 2, 2012, 7:29 PM EDT) -- Pennsylvania Gov. Tom Corbett barred insurers from imposing hurricane deductibles on homeowners who have been rocked by Hurricane Sandy, noting the storm was not technically a hurricane when it made landfall, while New Jersey Gov. Chris Christie made a similar declaration Friday.

The announcements will allow Pennsylvania and New Jersey homeowners to pay standard deductibles for their storm-related damage and save them from paying higher hurricane deductibles, in an effort to boost recovery in both states.

“Gov. Corbett worked with insurers, and they recognized that because...
To view the full article, register now.