How much can you save?
Save with Discounts
You deserve some bonuses for joining the NJM family. Check out some of our available discounts:
Auto + Home Bundle Discount
If you already have an NJM Auto policy, adding condo insurance is easy and helps you save.‡
Nonsmoker Discount
Whether you've never smoked or recently quit, we'll reward you with a discount.
Safe Home Discount
A security system 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.
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Here’s what our customers say:
Who Needs Condo Insurance?
Walk through your condo and start adding up the cost of everything inside of it. Your dining room set, your television, your wardrobe… If your condo were to experience damage such as a fire or theft, could you afford to replace all these items?
Condo association policies vary, but generally insure the premises, common areas, and the physical building itself. That means you need coverage for your appliances and clothing, custom renovations, and injuries suffered by others inside your unit. Depending on your association agreement, you may also need coverage for the walls or floors inside your unit. An NJM Condo Owners policy insures the unit that is your residence, and includes fixtures and belongings, in addition to providing personal liability coverage.
What Can Condo Insurance Cover?
A condo insurance policy covers appliances, interior walls, and floors (if your responsibility), along with your personal property, personal liability, and medical payments to others for injuries suffered in your unit. 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 condo unit?
We'll pay the medical expenses up to your applicable policy limit.
Need a place to stay?
If damage from a covered loss requires you to vacate your home until it's repaired, we'll pay for the additional living expenses you incur for temporary housing.
Accidentally damage a neighbor's property?
We'll pay for covered damage that you're responsible for, up to your coverage limits.
Have Questions? We Have Answers!
Insurance is sometimes complicated but no worries. Here are answers to some of the common questions we receive:
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.
‡ This discount does not apply on Basic Personal Auto policies.
† $500 deductible applies. Lost income reimbursement limited to $200 per day up to $5,000 max. HO-5 policies automatically include Identity Fraud Expense Coverage.
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.