From NJM's earliest days, an essential part of the Company's mission has been to share our success with policyholders. Perhaps nothing demonstrates this commitment more than our dividends, which have been returned to policyholders each year since 1918 for a total of more than $6.0 billion.
Regular Dividends are credited at the end of each 12-month policy period and are applied as a discount on renewal premiums. Personal auto policyholders are currently receiving a 5% Regular Dividend.
Since 1994, NJM has also paid Special Dividends to personal auto policyholders, which are sent by check in November and December. In 2016, special dividends equaled six percent of premiums paid on policies written in 2015 and averaged $118 per check.