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This Isn’t Just Your Home.
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.
Save with Discounts
You deserve some extras for joining the NJM family. Check out some of our available discounts:
Auto + Renters Bundle Discount
If you already have an NJM Auto policy, adding renters insurance is easy and helps you save.‡
Safe Home Discount
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.
Age 65 and Over Discount
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.
Nonsmoker Discount
Whether you've never smoked or you've recently quit, we'll reward you with a discount.
Dividends
New Jersey policyholders are eligible to receive dividends.∥ Returning dividends to our policyholders is one example of our commitment to providing reliable, cost-effective, and safety-focused insurance.
You’re going to love NJM.
Here’s what our customers say:
Who Needs Renters Insurance?
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: $7,702§
Sudden discharge from a burst pipe
$4,428§
Burglary or theft
$5,318§
Lost property*
$7,355§
How Much Is Renters Insurance in New Jersey?
The average cost for an NJM Renters policy in New Jersey is $15 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.
What Can Renters Insurance Cover?
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.
Experience a fire?
No problem. We've got your back if you need to repair or replace your personal belongings.
Friend injured while visiting your apartment?
We'll pay the medical bills up to your coverage limits.
Need a place to stay?
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.
Accidentally damage a neighbor's property?
We'll pay for covered damage that you're responsible for, up to your coverage limits.
Customize Your Policy
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.
Learn more about your customization options by calling us at 1-800-232-6600.
See All Endorsements
Why NJM?
For more than 100 years, NJM has helped its customers focus on the moments that matter most. As an insurer with a reputation for outstanding customer and claims satisfaction, NJM works hard to ensure that you’re well cared for when life takes an unexpected detour.
Join the NJM family today.
§ Claim payout amounts based on the average payment issued for Connecticut, New Jersey, Ohio, and Pennsylvania NJM Renters Insurance policy claims submitted in 2022.
* Coverage only applies to lost or misplaced items if they are named under the Scheduled Personal Property endorsement.
† Monthly premium figure is based on the average premium for in-force NJM renters policies by state (CT, MD, NJ, OH, and PA). Actual premium may vary depending on location and other factors.
║ With respect to dividend advertisements, 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 contained on this page should not be construed as legal, financial or insurance advice. 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.