NJM Car Insurance Review for 2024 [Unbiased Evaluation]

This NJM car insurance review showcases a company that offers comprehensive car insurance at low rates, starting at $33/month.

Rated A+ by A.M. Best, NJM Insurance Group also tops customer satisfaction scores for financial stability and customer service. Learn about what’s included in a standard car insurance policy and whether NJM’s offerings fit your needs.

NJM Car Insurance Rating

Rating Criteria
Overall Score	4.3
Business Reviews	5.0
Claim Processing	5.0
Company Reputation	5.0
Coverage Availability	2.7
Coverage Value	4.4
Customer Satisfaction	4.6
Digital Experience	4.0
Discounts Available	5.0
Insurance Cost	4.3
Plan Personalization	4.0
Policy Options	3.4
Savings Potential	4.5

NJM Insurance only provides car insurance in five states: Maryland, Connecticut, New Jersey, Ohio, and Pennsylvania.

Enter your ZIP code below into our free comparison tool to see how much car insurance costs in your area.

Factors Affecting NJM Car Insurance Rates

Whether you’re looking for minimum or full coverage, rates can vary significantly based on age and gender. In this guide, we provide a breakdown of NJM car insurance monthly rates:

NJM Car Insurance Monthly Rates by Coverage Level, Age, & Gender

Your age and gender, as well as your driving history, can affect car insurance rates. A price breakdown for car insurance after an at-fault accident or DUI will help you understand what to expect.

NJM offers pretty affordable high-risk car insurance rates. But keep in mind that your NJM auto insurance premium is also subject to the underwriting requirements that are needed to qualify you for the policy.

Don’t rush and take the time to compare different options to make sure you pick the right coverage for your situation at a price that works for you.

NJM Insurance Rates vs. The Competition

As part of our comprehensive NJM insurance review, we break down how each insurance provider stacks up on pricing. NJM is cheaper than most providers. Only Geico and USAA have better rates.

Full Coverage Auto Insurance Monthly Rates by Age, Gender, & Provider

Insurance Company	Age: 18 Female	Age: 18 Male	Age: 30 Female	Age: 30 Male	Age: 45 Female	Age: 45 Male	Age: 65 Female	Age: 65 Male
	$448	$519	$168	$176	$162	$160	$158	$157
	$305	$414	$116	$137	$115	$117	$113	$114
	$597	$629	$160	$167	$139	$141	$136	$137
	$220	$254	$90	$87	$80	$80	$78	$78
	$522	$626	$174	$200	$171	$174	$167	$170
	$303	$387	$124	$136	$86	$89	$84	$70
	$363	$419	$112	$119	$103	$101	$101	$98
	$591	$662	$131	$136	$112	$105	$109	$103
	$530	$740	$99	$108	$98	$99	$96	$97
	$180	$203	$74	$79	$59	$60	$58	$61

But remember, your actual rates may differ depending on your driving record, the car you drive, and where you live. It’s worth getting quotes from a few companies to see who has the best price for you.

Read More: Cheapest New Jersey Car Insurance Rates

Saving on Your NJM Car Insurance Rates

If you’re looking to save money on your New Jersey car insurance, this table shows the best car insurance discounts you could ask for from major insurers. Safe driving rewards are one way insurers try to lower your rates, as are multi-car deals.

NJM Car Insurance Discounts vs. The Competition

Insurance Company	Discount Type	Discount Amount	Eligibility Criteria	Maximum Savings
	Safe Vehicle	10%	Vehicle equipped with safety features	20%
	Loyalty	5%	Policy renewal over multiple years	12%
	Multi-Car	12%	Insuring multiple vehicles	20%
	Defensive Driving Course	15%	Completion of approved course	22%
	Multi-Policy	15%	Bundling auto and home policies	30%
	Anti-Theft Device	10%	Installation of anti-theft devices	18%
	Good Driver	20%	No accidents in last 3 years	25%
	Pay-in-Full	7%	Full premium paid upfront	15%
	Good Student	8%	Students with a GPA of 3.0+	15%
	Military	10%	Active or former military service	20%

NJM is unique in offering a 20% discount to good drivers, while most companies reward safety features, military service, good grades, and customer loyalty.

NJM Car Insurance Coverage Options: What You Need to Know

When selecting a car insurance policy, NJM offers a variety of coverage options to suit different needs. Find the best value by comparing different types of car insurance:

• Minimum Coverage: This is the most basic form of car insurance required by law. It includes liability coverage for bodily injury and property damage.
• Full Coverage: Provides more comprehensive protection, including collision and comprehensive coverage, in addition to liability.
• Collision & Comprehensive Coverage: Pays for repairs to your vehicle after an accident, regardless of fault, and covers damages to your car from non-collision events like theft, vandalism, or natural disasters.
• Personal Injury Protection (PIP): Covers medical expenses for you and your passengers in the event of an accident, regardless of who is at fault.
• Uninsured/Underinsured Motorist Coverage: Protects you if you’re involved in an accident with a driver who either has no insurance or insufficient coverage.

Is basic car insurance coverage a smart choice? While minimum coverage may be a cost-effective option, it may leave you vulnerable to higher out-of-pocket expenses in the event of a major accident.

The good news is that NJM car insurance offers plenty of policy options at affordable prices, with cheap rates in Pennsylvania, New Jersey, Connecticut, Ohio, and Maryland.

NJM Insurance Business Ratings & Customer Satisfaction

Another company that’s rated highly in multiple key industry ratings for both customer satisfaction and financial strength is NJM Car Insurance. With an A+ rating from A.M. Best for superior financial strength, you can be sure that NJM can meet its financial obligations and pay claims when needed.

NJM Car Insurance Business Ratings & Consumer Reviews

Agency
	Score: 909 / 1,000 Above Avg. Satisfaction
	Score: A+ Excellent Business Practices
	Score: 93/100 Positive Customer Feedback
	Score: 0.24 Fewer Complaints Than Avg.
	Score: A+ Superior Financial Strength

The company is praised by consumers and business peers for its excellent business practices. It receives an A+ rating from the BBB and a strong score from Consumers Union’s Consumer Reports, which notes its positive customer feedback.

Below is a positive review from a long-time customer highlighting the company’s reliability and customer-focused service:

Comment
byu/Cashneto from discussion
innewjersey

This experience shows how much NJM cares about taking care of its customers and handling claims quickly. NJM’s good NAIC score is also evidence of the fact that NJM resolves customer issues better than many of its competitors.

Vanessa says: “I’ve been participating in the NJ & PA Heart Walks since 2018, which are personal for me. This year, I’m honored to be the Philadelphia Heart Walk team coach for NJM. In my spare time, I love traveling with my family & rocking out at concerts!”#EmployeeSpotlight pic.twitter.com/N47UklhoWi

— NJM Insurance Group (@NJMIns) November 22, 2024

How do customer satisfaction ratings affect car insurance companies? The positive NJM car insurance customer review ratings help build consumer trust and demonstrate that the insurer is reliable and financially sound. These should be key factors in your decision to choose NJM insurance or keep your current provider.

Pros and Cons of NJM Car Insurance

NJM is one of the best car insurance companies out there, and it has great customer satisfaction and financial stability:

• High Customer Satisfaction: BBB and Consumer Reports report that NJM gets positive reviews for responsive service and efficient claims handling.
• Strong Financial Stability: A.M. Best rates NJM an A+, which means it can pay its financial obligations and claims.
• Low Complaint Ratio: With fewer complaints than competitors, NJM shows that it is good at resolving issues and prioritizing customer satisfaction.

Though NJM provides excellent coverage, it is not available everywhere, and young drivers pay more for the same coverage.

• Limited Availability: NJM car insurance is only available to drivers in Connecticut, New Jersey, Maryland, Ohio, and Pennsylvania.
• Higher Premiums for Young Drivers: The rates may be higher for younger drivers, especially teens, than for older and more experienced drivers.

If you happen to live where NJM auto insurance is available, the company is worth checking out due to its customer reviews, affordable rates, and financial stability.

NJM Insurance Group: Key Insights on Coverage and Satisfaction

Our NJM car insurance review shows it is a good choice for many policyholders. It has great customer satisfaction and financial stability. NJM covers all bases with its coverage options — liability, collision, and comprehensive coverage — enabling you to find the policy that best suits you.

However, NJM is not available in all states, and younger drivers might pay higher premiums than other companies. When looking at your options, make sure you use car insurance comparison tools to see what is best for you, depending on your special situation. Enter your ZIP code to get instant car insurance quotes from top providers in your city.