New Jersey Homeowners Insurance

The Garden State is full of world-class beaches along the Jersey Shore, nationally renowned produce from farms across South Jersey, and beautiful homes throughout the cities, suburbs, and rural parts of the state. And just like pork roll (or Taylor Ham) pairs best with egg and cheese on a bagel, a New Jersey home goes hand in hand with a homeowners insurance policy from NJM.

Who needs homeowners insurance?

Walk through your home and start adding up the cost of everything inside of it. Your dining room set, your desktop computer, your wardrobe … If your home were to experience some kind of damage, such as a fire or a burglary, would you be able to afford to replace all those items? We think if you have a home, you should invest in homeowners insurance, even though it is not required by law in the state of New Jersey. Your home is unique, and your policy should be, too. We use our extensive experience and knowledge of New Jersey to craft a customized policy for every type of house, and coverage beyond just your dwelling.

How much is homeowners insurance in New Jersey?

Based on national averages, homeowners in the Garden State pay similar rates to those across the country. Home insurance costs are typically calculated using information on the home's age, size, construction type, and replacement cost. However, location is also taken into consideration and may affect your insurance rate. Being along the coast brings convenience for family vacations to the beach, but it also brings the threat of damage to your home during hurricane season. With a third of all homes in the state lining the Jersey Shore, we know it's important to give you peace of mind. We'll work with you to create a policy that fits just right and meets all of your coverage needs.

You deserve some bonuses for joining the NJM family, too. Check out some of our available discounts:

  • Auto + Home bundle discount: If you already have an NJM auto policy, adding your homeowners insurance to your policy is easy and helps you save.

  • Safe home discount: A security system does more than just offer another layer of protection for your home. We'll give you a discount for taking additional steps to protect your family.

  • New construction home discount: You worked towards buying that perfect home built just for you. We want to reward you for that.

What does homeowners insurance cover?

In New Jersey, there are several coverages that are included in any basic homeowners insurance policy. In insurance lingo, those include coverage of your actual home (dwelling) and other structures on the property, personal property, loss of use of your home due to damage, personal liability, and medical payments to others. But what does this all mean? Basically, we've got your back if you experience a fire or other damage and need to replace any of your personal belongings, or if a friend was injured while visiting your house and has medical bills that need to be paid. NJM will work with you to create a custom policy that covers all of this and more. For more information, the New Jersey Department of Banking and Insurance has compiled a guide to help you research and apply for homeowners insurance in the Garden State.

If you think you need additional coverage, we can offer that, too. Endorsements allow you to add coverage for valuable items like jewelry and family heirlooms, as well as coverage for credit card fraud or identity theft.

Why NJM?

Throughout nearly 100 years of serving homeowners, we've insured just about every type of house. From the Cape Cods of the 1940s to today's contemporary homes, the styles may have changed but our commitment to service hasn't. The last thing you want in the unfortunate event of fire, storm damage, or burglary is a surprise from the people who should have answers. Our team will walk you through the claims process and make sure all of your questions are handled, including what happens next. And because we provide you with an up-to-date cost to rebuild your home, you won't be left guessing about the right amount of coverage.