Commercial Auto Dividends
Dividends Paid Every Year Since 1918*
You're why NJM exists. For more than 100 years, NJM customers have been our singular focus. We only — and always — answer to you, which is why we've made dividend payments to our customers, not stockholders, in every year since 1918.
Reducing Your Premium Payment
Dividends are typically credited at the end of each 12-month policy, helping to reduce your premium payment for the following year. In 2018, our commercial auto customers' dividend was 10% of premium.
*Dividends paid on workers' compensation policies since 1918. NJM shares positive financial results with its policyholders. For this reason, dividends are not guaranteed. Additionally, dividends are not paid (1) on all policy forms, or (2) in every state in which NJM operates.