Experience Pays Dividends

New Jersey Renters 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 2019, Renters Insurance customers who had policies written in 2018 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, the payment of a dividend is not guaranteed. Dividends are not paid on all policy forms or in every state in which NJM operates.

† 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.

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.