Founded in 1913 with the sole-purpose of serving policyholders, NJM has grown to become the largest property/casualty insurance company in the Garden State. Originally a safety-focused workers' compensation insurer, the Company has expanded lines of insurance over the years to include commercial auto, homeowners, umbrella, and personal auto, which enjoys a remarkable 95% customer retention rate. Flood insurance is available from the National Flood Insurance Program (NFIP) through NJM's wholly owned subsidiary, New Jersey Re-Insurance Company (NJRe). Motorcycle and ATV coverage is also available.NJM operates in a mutual fashion for the exclusive benefit of policyholders. In addition to great rates, NJM has developed a national reputation for outstanding customer service, which is provided by a staff of 2,500 dedicated employees, all of whom are based in New Jersey. Since 1918, NJM has returned $5.8 billion in dividends to policyholders - not stockholders.