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Winter losses test how well your insurance program matches real risk. Frozen pipes, roof leaks from ice, power outages, and collapsed structures create overlapping claims that move quickly. The policy language controls. New Jersey courts will read the contract you purchased, not the brochure you remember. January is the right time to collect facts, give proper notice, and measure each loss against the coverage you actually carry.

Most New Jersey commercial leases define a casualty as physical damage from events such as fire, water, or similar causes. The clause usually requires the landlord to assess the loss, decide whether the premises or building can be repaired within a stated period, and then elect to repair or terminate.