NJM Car Insurance Review 2024 With its great auto insurance rates and low level of complaints, NJM Insurance is worth consideration if you live in a state where it operates. Are you in the market for car insurance? Look no further than NJM Car Insurance. With a reputation for excellent customer service, competitive rates, and comprehensive coverage options, NJM Car Insurance is a top choice for drivers in 2024. In this review, we’ll take a closer look at what sets NJM apart from other insurance providers and why it might be the perfect fit for your needs. From their easy-to-use online platform to their dedicated team of agents, NJM Car Insurance has everything you need to protect yourself on the road. So buckle up and get ready to discover the benefits of NJM Car Insurance!

NJM Car Insurance Review 2024

NJM Car Insurance is a reputable provider that has been serving customers for many years. In this NJM Car Insurance review for 2024, we will take a comprehensive look at the company’s offerings and customer satisfaction. NJM Car Insurance offers a range of coverage options, including liability, collision, and comprehensive insurance. They are known for their competitive rates and excellent customer service. Their claims process is efficient and hassle-free, with many customers reporting quick response times and fair settlements. Additionally, NJM Car Insurance has received high ratings from independent rating agencies, further demonstrating their commitment to customer satisfaction. Overall, NJM Car Insurance is a reliable choice for those in need of car insurance coverage.

NJM Car Insurance Pros And Cons

NJM Car Insurance is a popular choice for many drivers in 2024. There are several pros and cons to consider when choosing NJM as your car insurance provider. One of the main advantages of NJM is their excellent customer service and reputation for handling claims efficiently. They also offer competitive rates and various discounts, making it an attractive option for budget-conscious drivers. However, one potential drawback is that NJM only operates in a limited number of states, so it may not be available to everyone. Additionally, some customers have reported issues with the online portal and difficulty reaching customer service during peak times. Overall, NJM Car Insurance has its strengths and weaknesses, so it’s important to carefully evaluate your needs and compare quotes before making a decision.

Pros

• Highly competitive insurance rates for all types of drivers, not just those with a good driving record.
• Offers a special perk of pet injury coverage if your dog or cat is hurt in an auto accident.
• Drivers for Uber or Lyft can obtain rideshare insurance with NJM.
• NJM has a much lower level of complaints compared to the industry average.

Cons

• Only offered in five states (Connecticut, Maryland, New Jersey, Ohio and Pennsylvania).
• The defensive driving discount is only available to drivers in New Jersey.

About NJM Car Insurance Review 2024

Established in 1913, the New Jersey Manufacturers Casualty Insurance Co. (NJM) was initially established as a workers’ compensation company to comply with New Jersey’s new workers’ compensation laws. In 1921, NJM broadened its services to include commercial and personal auto insurance as well as home insurance. The company is headquartered in West Trenton, New Jersey. NJM offers car insurance in five states.

Is NJM Car Insurance Good?

NJM car insurance has consistently received positive reviews from customers in 2024. With its strong financial stability and excellent customer service, NJM has earned a reputation for providing reliable coverage and prompt claims handling. Customers have praised the company for its competitive rates and comprehensive coverage options, which include liability, collision, and comprehensive coverage. Additionally, NJM’s commitment to safe driving is evident through its various discounts for good drivers and those who complete defensive driving courses. Overall, NJM car insurance continues to be highly regarded in 2024 for its quality coverage and exceptional customer service.

NJM Car Insurance

NJM offers the typical car insurance coverage that is included in any car insurance policy, such as:

Liability Car Insurance

In the event that you are legally responsible for causing an accident that results in another person’s injuries or property damage, liability car insurance will cover the expenses incurred by the other party, including medical bills and vehicle repairs. Additionally, this type of insurance will also cover your legal expenses in case of a lawsuit.

Comprehensive Insurance

Comprehensive coverage can cover the cost of repairs or the actual cash value of a car if it is damaged by something other than an accident, such as animal collision, fire, hail, vandalism, or flooding.

Collision Insurance

In the event of a collision with an object like another vehicle, pole, or fence, collision insurance covers the cost of repairing or replacing your car, regardless of fault. If your car is completely damaged, the maximum compensation is the vehicle’s value just before the accident, minus your deductible.

Uninsured/Underinsured Motorist Insurance

If your car is hit by a driver without insurance (or with insufficient coverage), uninsured motorist coverage will cover the medical expenses for you and your passengers in case of injury. Uninsured motorist property damage coverage assists with vehicle damage, but it may not be offered in every state.

Personal injury protection (PIP)

In the event of a car accident, PIP insurance can cover medical expenses and lost income for you and your passengers, regardless of fault. PIP is mandatory in certain states, elective in others, and not offered in some states.

Medical Payments Insurance (MedPay)

Medical payments (MedPay) insurance covers the cost of medical treatment for injuries sustained by you, a family member, or a passenger in your vehicle during an accident, including expenses like ambulance services, X-rays, surgery, hospital stays, and rehabilitation.

Other Coverage Types From NJM Car Insurance

Pet injury coverage

NJM will pay up to $1,000 for medical expenses for your dog or cat if it’s injured in a car accident covered by your policy. This is available if you buy comprehensive or collision coverage from NJM.

Rental reimbursement coverage

Rental reimbursement coverage is a type of insurance that assists in covering the cost of transportation when your car is damaged due to an accident or any problem covered under your policy. It helps pay for expenses incurred while renting a car, using Uber, or any other means of transportation. This can be especially helpful for those who rely on their vehicles for daily commuting and need a temporary replacement while their car is being repaired. It’s important to check with your insurance provider to see if you have rental reimbursement coverage included in your policy and what the limits are.

Roadside assistance

This benefit provides 24/7 help if you break down and need work done on your disabled car or need a tow to a repair shop due to an emergency covered by your policy. It also provides jump-start, lockout, flat tire change and gas delivery services. You can choose among two options: reimbursement up to $75 for each emergency or one that reimburses up to $125 per emergency.

Trailer or camper body coverage

Trailer or camper insurance is an essential coverage that works similar to collision and comprehensive insurance for your vehicle. In the event of damage to the body of your trailer or camper, this coverage is designed to pay for repairs or a full replacement. It can also cover damages caused by extreme weather conditions, theft, vandalism, and other unforeseen events. Having this coverage can give you peace of mind while traveling on the road, knowing that your trailer or camper is protected. It’s important to review your policy carefully and understand what is covered under your specific plan..

Cost of NJM Car Insurance

The cost of NJM car insurance varies depending on several factors, including the type of coverage you choose, your driving history, and the make and model of your vehicle. NJM offers a range of coverage options, including liability, collision, comprehensive, personal injury protection (PIP), and uninsured/underinsured motorist coverage. To get an accurate quote for NJM car insurance, it is recommended that you contact their customer service team or visit their website to get a personalized quote based on your specific needs and circumstances.

NJM Car Insurance Rate Comparison for Good Drivers in New Jersey

NJM offers the most affordable car insurance rates for safe drivers in New Jersey, compared to the insurers in our study.

NJM Car Insurance Rate Comparison for Drivers With a Speeding Ticket in New Jersey

If you have received a speeding ticket in New Jersey, it is highly likely that your insurance premiums will increase. However, there are ways to minimize the impact of this on your wallet. NJM (New Jersey Manufacturers Insurance Company) is one such option that offers relatively low prices for drivers with speeding tickets. It is essential to shop around and compare insurance rates from multiple providers to find the best deal. Additionally, enrolling in a defensive driving course can help you reduce points on your license and potentially lower your insurance costs.

NJM Car Insurance Rate Comparison for New Jersey Drivers Who Caused an Accident With Injury

Getting into a car accident that results in injuries to others can be financially devastating. Your insurance rates will likely increase, making it challenging to afford the premiums. NJM is an excellent option to consider when looking for affordable insurance quotes. With competitive rates and exceptional customer service, NJM can provide the coverage you need without breaking the bank. It’s always important to compare rates from several providers to ensure you’re getting the best deal possible.

NJM Car Insurance Rate Comparison for New Jersey Drivers With a DUI

Receiving a DUI conviction can have significant financial repercussions, including higher car insurance rates at the time of renewal. If you’re looking for affordable car insurance options with a DUI on your record, consider getting quotes from NJM and Progressive. Both companies are known for offering competitive rates to drivers with a history of DUIs. Additionally, it is recommended that you take steps to improve your driving record by completing classes or programs that may help mitigate the impact on your insurance rates over time.

NJM Car Insurance Rate Comparison for Drivers With a Poor Credit in New Jersey

Having poor credit can affect car insurance rates, regardless of your driving skills. NJM offers competitive rates for drivers with poor credit, making it one of the top companies in this category. It’s important to note that having a good credit score can lead to lower insurance rates as it indicates financial responsibility and reduces the risk of filing claims. Therefore, it’s essential to maintain a good credit score by paying bills on time and avoiding unnecessary debt.

According to the latest data from the National Association of Insurance Commissioners, NJM Insurance has a much lower level of auto insurance complaints than many other car insurance companies. This indicates that NJM’s customers are satisfied with their services and experience fewer issues compared to other competitors in the market. Moreover, NJM Insurance’s complaint volume is significantly below the industry average, which further emphasizes their commitment to customer satisfaction and excellence in service delivery. With such a solid reputation, NJM Insurance remains a top choice for individuals seeking reliable and trustworthy auto insurance coverage.

What Does NJM Car Insurance Cover?

Although a standard car insurance policy may provide some coverage, there are certain gaps in coverage that could lead to financial difficulties. NJM car insurance offers various types of coverage to help fill those gaps and ensure that you have comprehensive protection. These include liability coverage, which protects you if you are at fault in an accident and covers damages and injuries sustained by the other party. Collision coverage is another essential type of coverage that pays for repairs or replacement of your vehicle if it is damaged due to a collision with another vehicle or object.

Comprehensive coverage, which protects your vehicle from non-collision events like theft, vandalism, or natural disasters, is also available with NJM car insurance. Other optional coverages offered by NJM include uninsured/underinsured motorist coverage and personal injury protection (PIP), which covers medical expenses and lost wages if you or your passengers are injured in an accident. With these additional coverages provided by NJM car insurance, you can rest assured knowing that you have adequate protection when on the road.

Does NJM Car Insurance Offer New Car Replacement Insurance?

If your car is eligible, NJM’s new car replacement coverage will cover the cost of replacing your car, minus your deductible.

• You’re the original owner of a new car, purchased with no more than 1,000 miles.
• The claim occurs within the first 12 months of your purchase.
• The car has fewer than 15,000 miles on it at the time of the claim.

Does NJM Car Insurance Offer Gap Insurance?

NJM car insurance provides gap insurance, which covers the shortfall if the insurance payout for a totaled car is less than the amount owed on a loan or lease. Gap insurance must be purchased within 30 days of adding a car to your policy.

Does NJM Car Insurance Offer Rideshare Insurance?

NJM car insurance provides coverage for rideshare drivers working with companies like Amazon Flex, Lyft, and Uber. When you are waiting for a ride request with the rideshare app on, your personal car insurance does not apply, and the rideshare company’s insurance usually only covers you after accepting a trip. Rideshare insurance is designed to bridge this gap.

NJM Auto Insurance Discounts

NJM offers a range of discounts to its customers, but the availability of these discounts varies depending on the state. It is essential to check with your insurance agent to determine which discounts are available in your area. Some common discounts offered by NJM include multi-policy discounts, safe driver discounts, and good student discounts. Additionally, NJM also provides various other perks such as roadside assistance and a diminishing deductible program that rewards safe driving habits over time. By taking advantage of these discounts and benefits, you can save money on your insurance premiums while still getting the coverage you need.

• Bundling discount or multi-policy discount: Policyholders with more than one insurance policy with NJM, such as home and auto insurance, can get a price break.
• Defensive driving discount: This is for drivers who complete an eligible defensive driving course. This only applies to drivers in New Jersey.
• Driver training discount: For drivers who complete an eligible driver training course.
• Electronic payment discount: Look for this if you sign up for autopay.
• Full coverage discount: NJM customers who buy collision and comprehensive coverage can save money.
• Good student discount: Ask about this if you have a driver who’s a high school or college student and who makes honor roll, Dean’s list or a B average or above.
• Mature driver discount: Drivers over a certain age, typically age 55 or over, and who have completed an eligible driving course can earn a discount.
• Multi-car discount: Look for this if you insure more than one car with NJM Insurance.
• New car discount: Drivers who insure a new vehicle that’s two years old or less can save money.
• Paid-in-full discount: If you pay for your entire premium upfront instead of making monthly payments, you could save money.
• Paperless discounts: If you enroll in electronic document delivery, you could qualify for a discount.
• Vehicle equipment discount: Folks who drive cars equipped with anti-theft features or other safety features like anti-lock brakes can save money.

Conclusion

Faqs: NJM Car Insurance Review 2024

Is NJM only for NJ residents?

NJM now offers its personal insurance products and services to all Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania residents. We also provide our customers with convenient access to Flood, Motorcycle and ATV, Watercraft, and Collector Car insurance.

Why is New Jersey car insurance so high?

Top Reasons Car Insurance Is Expensive in New Jersey. People in New Jersey are driving more. As a result, the number of accidents, claims, and payouts is rising, too. For example, there were approximately 547 fatal crashes in 2020 in New Jersey, versus 521 fatal crashes in 2015.

Is NJM insurance the same as New Jersey manufacturers?

NJM Insurance Group, originally known as New Jersey Manufacturers Casualty Insurance Company, formed as a workers’ compensation insurance company on June 7, 1913, shortly after New Jersey passed the Workmen’s Compensation Act.

Is NJM in NY?

You can find our offices throughout Southern New Jersey in Northfield, Berlin, Brigantine, Little Egg Harbor Township and Millville, New Jersey. Insurance Agencies Inc., is licensed in New Jersey, New York, Pennsylvania, Florida, Maryland, Delaware, Connecticut, District of Columbia & South Carolina.