Requires home insurance companies to cover water damage caused by ground seepage, water or sewer pipe damage, or flooding.

This bill requires New Jersey home insurance companies to include coverage for water damage caused by groundwater seepage, leaking/burst water or sewer pipes, or flooding in all policies for one-to-four-family homes. It defines key terms like "groundwater seepage" (water entering through foundation flaws) and "water damage" (physical damage from direct water contact). Insurers must offer this coverage in standard policies, though they may adjust terms if homeowners fail to address risk factors like un-repaired pipes. The law takes effect 90 days after enactment and applies to policies delivered, issued, or renewed on or after that date.