NJM is known for dividends. From our earliest days, one of our primary goals has been to return as much money as prudently possible to our policyholders. Dividend payments have been made every year since 1918, for a cumulative total of more than $6.0 billion.
Regular dividends, while not guaranteed, are typically credited at the end of each 12-month policy and are used to reduce your premium payment for the following year.
NJM commercial auto insurance policies that became effective during 2015 are receiving a regular dividend of 15% of their premiums.