How much can you save?
Save with Discounts
You deserve some extras for joining the NJM family. Check out some of our available discounts:
Auto + Renters Bundle Discount
If you already have an NJM Auto policy, adding renters insurance is easy and helps you save.‡
Safe Home Discount
A smoke alarm 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.
Age 65 and Over Discount
You've collected a lot of memorabilia. Even if you're looking to downsize, you'll still need to protect those memories. Save on your renters policy with NJM.
Nonsmoker Discount
Whether you've never smoked or you've recently quit, we'll reward you with a discount.
You’re going to love NJM.
Here’s what our customers say:
Who Needs Renters Insurance?
Walk through your apartment and start adding up the cost of everything inside of it. Your living room furniture, your television, your wardrobe… If your apartment were to experience damage such as a fire or burglary, could you afford to replace all these items?
Your landlord’s insurance policy won’t cover your stuff. That means you need coverage for your belongings and injuries suffered by guests in your unit. An NJM Renters Insurance policy insures your personal property and personal liability.
Average payout of a renters insurance claim: $6,563§
Sudden discharge from a burst pipe
$3,204§
Burglary or theft
$3,799§
Lost property*
$4,718§
What Can Renters Insurance Cover?
A renters insurance policy can cover your personal property, personal liability, and medical payments to others. 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 apartment?
We'll pay the medical bills up to your coverage limits.
Need a place to stay?
If damage from a covered loss requires you to vacate your apartment, we'll cover living expenses beyond your normal costs until you can return or find a new place.
Accidentally damage a neighbor's property?
We'll pay for covered damage that you're responsible for, up to your coverage limits.
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.
You can request certain customizations in Manage Your Policy. Learn more or log in.
Learn more about your customization options by calling us at 1-800-232-6600.
Have Questions? We Have Answers!
Insurance is sometimes complicated, but no worries. Here are answers to some questions we commonly receive:
§ Claim payout amounts based on the average payment issued on a countrywide basis for NJM renters’ insurance policy claims submitted in 2023.
* Coverage only applies to lost or misplaced items if they are named under the Scheduled Personal Property endorsement.
‡ This discount does not apply on Basic Personal Auto policies.
† Monthly premium is based on the average premium for in-force NJM Renters policies on a countrywide basis as of 05/31/2024. Actual premium may vary depending on location and other factors.
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.