Njm Insurance Umbrella Policy

Until recently new jersey manufacturers insurance was available only to members of certain groups.

Njm insurance umbrella policy. Customize your policy with an endorsement. Without umbrella insurance you would be personally responsible for that additional 100 000. Verified 4 days ago url. Not only will your auto insurance policy be affected by having another driver in your house but your child will need to go through all the driver safety and training programs required in your state.

Umbrella policies are available to current njm auto policyholders and njm auto policy applicants once their auto policy is purchased. Umbrella insurance is available to residents of connecticut new jersey and pennsylvania. Njm dropped those restrictions in 2018 and now offers auto homeowners renters and umbrella. To start umbrella insurance is an extra layer of protection added to your other insurance policies or in some cases you can purchase a stand alone policy.

Njm insurance offers auto recreational home property renters umbrella and workers compensation insurance policies to all new jersey and pennsylvania residents. In addition commercial auto policies are offered in new jersey. Njm offers resources to families whose teenagers are ready to drive. Njm is also the largest provider of workers compensation insurance in the garden state and a top insurer for commercial auto coverage.

An umbrella policy provides additional liability insurance which gives you added protection for covered claims in which the damages or injury exceeds the limits of your auto or home insurance policy. Both the underlying auto and homeowners policies must have a liability limit of 500 000. For example you cause an accident and the resulting judgment for the injury claim is 600 000 but the liability coverage on your auto policy has a limit of 500 000. An umbrella policy also offers protection against personal injury liability such as libel slander and defamation not typically covered by car insurance or homeowners policies.

New jersey and pennsylvania residents can learn more or contact us for more information. Scott markulec is an assistant vice president at njm insurance group one of new jersey s leading writers of personal auto homeowners and umbrella insurance. Excess uninsured and underinsured motorists coverage. An umbrella policy would kick in to pay the remaining 100 000.

If you need assistance please call 800 232 6600 ext.