NJM is known for dividends. From our earliest days as a New Jersey insurance company, one of our goals has been to return as much money as prudently possible to our policyholders. Dividend payments, while not guaranteed in the future, have been made every year since 1918, a cumulative total of more than $6.0 billion.
Regular dividends are typically credited at the end of each 12-month policy and are used to reduce your premium payment the following year.
The current regular dividend on a homeowners policy is 5%.
The discounts listed below are available to NJM homeowners insurance policyholders who meet the proper criteria. It's no wonder so many people consider us to be one of the least expensive home insurance companies in the state.
See if you qualify for a discount
If you have both a homeowners and a personal auto policy with NJM, you may be eligible for a 15% discount on your homeowners premium. We will automatically apply the discount to your policy if you are eligible.
Discounts are applied automatically to any newer home.