Experience Pays Dividends

New Jersey Auto Insurance Dividends

NJM was established more than 100 years ago by customers committed to providing reliable, cost-effective, and safety-focused insurance. Returning dividends to them when we're able is just one example of that special commitment.

Dividends are a percentage of the premium you paid on your prior year's policy. The payment of dividends is subject to approval by NJM's Board of Directors and is based on a number of financial and economic factors. Dividend percentages can vary from quarter to quarter. In 2018, Personal Auto customers who had policies written in 2017 received a Regular Dividend of 5%, which was applied as a credit upon renewal, and a Special Dividend of 5% sent as a check.

Dividends are part of what makes NJM unique. Together with our devotion to improving safety on the road and at home, supporting the communities we serve, and faithfully delivering on our promise to be there when you need us most, they help set us apart in a busy marketplace and define the "extraordinary value" we bring to our customers.

║ NJM shares positive financial results with its policyholders in the form of dividends. For this reason, the payment of a dividend is not guaranteed. Dividends are not paid on all policy forms or in every state in which NJM operates.

† For NJ policies, percentage savings based on a comparison of the average NJM premium with the average statewide premium as reported by the NJ Department of Banking and Insurance. For PA policies, percentage savings based on average annual savings of customers with policies in force on 10/31/19 who reported their prior auto insurance premiums and switched to NJM.

The information and descriptions of coverage on this site are general in nature. The coverage afforded for a particular loss depends on the specific facts and the terms, exclusions, and limits of the actual policy. Nothing on this site alters the terms or conditions of any policy; the policy controls coverage. Coverage options, limits, discounts, deductibles, and other features are subject to underwriting criteria, state availability, and effective dates. Coverage provided and underwritten by NJM Insurance Company and its subsidiaries, 301 Sullivan Way, W. Trenton, NJ 08628.