NJM Car Insurance Review for 2024 [Customer & Financial Ratings]

This NJM car insurance review highlights the company’s affordable rates and strong customer satisfaction, making it a top choice for drivers.

NJM offers significant discounts, such as 15% off car insurance for bundling auto and home insurance, but availability is limited to a few states.

While NJM is one of the cheapest car insurance companies for local drivers, particularly for low-risk drivers, those with DUIs or multiple infractions may find higher premiums.

NJM Car Insurance Rating

Rating Criteria
Insurance Rating	4.3
Business Reviews	5
Claim Processing	5
Company Reputation	5
Coverage Availability	2.7
Coverage Value	4.4
Customer Satisfaction	4.6
Digital Experience	4
Discounts Available	5
Insurance Cost	4.3
Plan Personalization	4
Policy Options	3.4
Savings Potential	4.5

Overall, NJM is best suited for drivers seeking budget-friendly options and strong service. Remember to compare multiple insurance quotes to find the best coverage. Get started today by entering your ZIP code in our free quote tool.

NJM Car Insurance Costs

NJM Insurance has affordable rates for most drivers of all ages, although teenagers will be paying the most for NJM auto insurance due to driving inexperience. Teenagers who join a parent’s NJM policy will have cheaper rates than the ones shown below (Read More: The Perks of Staying on Your Parents’ Car Insurance Policy).

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

Driving record also impacts NJM auto insurance rates, with DUI drivers paying the most for NJM car insurance policies.

Full coverage is more expensive at NJM Insurance Company, but this is because you are purchasing a greater level of protection for your vehicle.

NJM Car Insurance Rates vs. the Competition

When compared to other auto insurance companies, is NJM cheaper? Take a look below at NJM compared to other companies to find out.

Monthly NJM Car Insurance Rates vs. Top Providers by Gender

Insurance Company	Female	Male
	$162	$160
	$115	$117
	$139	$139
	$80	$80
	$171	$174
	$103	$101
	$112	$105
	$86	$86
	$98	$99
	$59	$59

NJM isn’t the most expensive, but it’s affordable compared to most companies on our list. However, a few other companies, such as State Farm or Geico, may be cheaper. Read our Geico car insurance review or State Farm car insurance review to learn more.

Next, see how NJM car insurance stacks up to other companies based on a customer’s driving record. It remains one of the cheapest providers after an accident and DUI.

NJM Car Insurance Monthly Rates by Driving Record

Insurance Company	Clean Record	One Ticket	One DUI	One Accident
	$160	$188	$270	$225
	$117	$136	$194	$176
	$139	$173	$193	$198
	$80	$106	$216	$132
	$174	$212	$313	$234
	$101	$121	$149	$147
	$105	$140	$140	$186
	$86	$96	$112	$102
	$99	$134	$206	$139
	$59	$67	$108	$78

If you are unsure if NJM is the most economical choice for your demographic and coverage needs, you can get an NJM insurance quote to see your exact coverage rate.

Using a quote comparison tool is helpful if you want to get quotes from more than one company, as it will help you determine which company in your area has the cheapest rate.

Car Insurance Coverages at NJM

NJM Insurance Group has a few customization options for car insurance policies, with extras like roadside assistance available to purchase.

NJM Car Insurance Coverage Options

NJM doesn’t have customized car insurance or new car replacement insurance. However, it still has some great add-ons for customers.

Read More: The Perks and Pitfalls of Car Insurance Add-ons

Car Insurance Discounts at NJM

NJM’s biggest discount is its multi-policy discount, where you can save 15% by purchasing auto insurance with a home or renter’s insurance policy. If you are interested in a bundling discount, make sure to read NJM homeowners insurance reviews to see if its home insurance is the right fit for you.

NJM Car Insurance Discounts by Savings Potential

You can also apply for smaller discounts, such as a good student discount, to save on your NJM insurance. Learn more in our guide on how to lower your car insurance costs.

Most of NJM’s car insurance discounts will be applied automatically to your policy unless you need to provide proof that you qualify.

Customer Reviews of NJM

NJM insurance reviews on Reddit are mostly positive, with customers leaving feedback about how switching to NJM saved them money on car insurance.

Negative feedback from customers revolves around unexpected rate increases during renewal and trouble getting insured with NJM if they are higher-risk drivers with multiple infractions.

This is likely because NJM keeps its rates low by ensuring drivers with a lower likelihood of filing a car insurance claim after an accident.

Business Ratings of NJM

NJM insurance reviews from BBB, J.D. Power, and others are excellent. According to NJM insurance reviews from Consumer Reports and J.D. Power, NJM has a low number of consumer complaints and mostly positive customer feedback.

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

NJM also has a great financial stability rating, which means it will be able to meet ongoing financial obligations and pay customer claims. A strong financial rating is something you should always look for when shopping among the best car insurance companies.

NJM Car Insurance Pros and Cons

As you compare car insurance companies, some of the reasons customers may choose NJM over other providers include:

• Affordable Rates: NJM auto insurance rates are affordable for the majority of its customers.
• Customer Satisfaction: NJM scored highly for customer claims satisfaction and has a low number of customer complaints.
• Discount Deals: NJM has a bundling discount, a defensive driver discount, and more.

NJM auto insurance isn’t for every driver. Negatives that might make NJM Insurance a poor choice for your needs when buying car insurance include:

• Limited Availability: NJM is only available in a few select states.
• No Mobile App: NJM doesn’t have a mobile app for general policy management.

If you don’t live in one of the few states NJM sells insurance in, NJM won’t be an option for your car insurance needs. And you’ll have to speak to an agent or use the company’s website to access or update your policy.

Deciding if NJM Meets Your Car Insurance Needs

Our NJM car insurance review found that its affordable rates are a key advantage of buying car insurance from NJM, particularly benefiting low-risk drivers.  Notably, NJM offers a 15% discount for bundling auto and home insurance, making it competitive pricing.

Now that you know how car insurance works at NJM, compare quotes from multiple car insurance companies online to find the best policy for your needs. Start today by entering your ZIP code in our free quote tool to explore your options.