Experience Pays Dividends

New Jersey Homeowners 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 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, Homeowners Insurance customers who had policies written in 2017 received a dividend of 5%, which was applied as a credit upon renewal.

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, dividends are not guaranteed.