Whether you're renting a new apartment in Newark or a home in Glassboro, we know you've got some stuff. Finding the money to replace your mountain bike or your flat screen after a catastrophic event can be tough. That's where NJM comes in, with a competitively priced renters insurance policy that caters to your needs. We work to be the best we can be, so you can focus on the things that matter most.
You deserve some extras for joining the NJM family. Check out some of our available discounts:
If you already have an NJM Auto policy, adding renters insurance is easy and helps you save.‡
A smoke alarm 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.
You've collected a lot of memorabilia. Even if you're looking to downsize, you'll still need to protect those memories. Save on your renters policy with NJM.
Whether you've never smoked or you've recently quit, we'll reward you with a discount.
Renters insurance is not required by law in New Jersey, but your landlord's insurance won't cover your stuff. That means you need coverage for your belongings and injuries suffered by guests in your unit. An NJM Renters Insurance policy insures your personal property and personal liability.
Average payout of a renters insurance claim: $2,615§
The average cost for an NJM Renters policy in New Jersey is $14 a month.† That can be the difference between having to empty your savings to purchase a new computer if there's a leak in your apartment, and keeping that money for the trip you've been saving for.
A renters insurance policy can cover your personal property, personal liability, and medical payments to others. NJM will work with you to create a custom policy.
No problem. We've got your back if you need to repair or replace your personal belongings.
We'll pay the medical bills up to your coverage limits.
If damage from a covered loss requires you to vacate your apartment, we'll cover living expenses beyond your normal costs until you can return or find a new place.
You may need additional coverage to fit your needs. 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. Personalize your coverage for your unique needs.
There's more to insurance than coverages and deductibles. This is a service industry. For more than 100 years, NJM has been synonymous with its customer service. It's personal and real. We're available to answer your questions so don't hesitate to contact us. You may know NJM for providing homeowners insurance for decades. Now it's your turn to join the family and savor the peace of mind that comes with an NJM Renters policy.
§ Claim payout amounts based on the average payment issued for a Connecticut, New Jersey, or Pennsylvania NJM Renters Insurance policy claim submitted in 2019.
* Coverage only applies to lost or misplaced items if they are named under the Scheduled Personal Property endorsement.
† Monthly premium is an estimate, and assumes a $750 deductible along with the following coverage limits: $25,000 in Personal Property; $7,500 in Loss of Use; $300,000 in Liability; and $3,000 in Medical Payments to Others.
║ 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.
‡ The discount does not apply on New Jersey Re-Insurance Company auto policies.
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.