NJ Manufacturers Ins Co
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
62,088
24,834
86,922
28.57%
23.31%
2023
54,479
24,512
78,991
31.03%
22.83%
2022
49,914
24,604
74,518
33.02%
23.10%
2021
51,523
23,294
74,817
31.13%
22.81%
2020
44,206
26,442
70,648
37.43%
21.51%
2019
58,567
39,433
98,000
40.24%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
1,127
951
2,078
45.77%
47.44%
2023
1,067
1,021
2,088
48.90%
47.29%
2022
1,006
1,266
2,272
55.72%
45.44%
2021
958
1,627
2,585
62.94%
44.40%
2020
778
13,680
14,458
94.62%
42.45%
2019
1,205
2,030
3,235
62.75%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
24
19
43
44.19%
41.75%
2023
15
12
27
44.44%
38.64%
2022
6
7
13
53.85%
39.39%
2021
0
0
0
0.00%
40.41%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
16,788
10,117
26,905
37.60%
39.58%
2023
15,893
9,612
25,505
37.69%
36.96%
2022
12,873
8,279
21,152
39.14%
37.07%
2021
20,902
15,753
36,655
42.98%
39.17%
2020
23,490
17,614
41,104
42.85%
35.42%
2019
18,156
15,761
33,917
46.47%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
1
10
11
90.91%
12.20%
2023
0
9
9
100.00%
16.34%
2022
0
6
6
100.00%
11.13%
2021
0
0
0
0.00%
18.93%
2020
2
80
82
97.56%
20.93%
2019
1
7
8
87.50%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
21,169
18,210
39,379
46.24%
45.22%
2023
18,497
24,360
42,857
56.84%
44.64%
2022
16,061
33,160
49,221
67.37%
46.15%
2021
15,043
45,035
60,078
74.96%
46.87%
2020
14,529
40,333
54,862
73.52%
43.90%
2019
23,203
60,859
84,062
72.40%
42.09%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2021
2
3
5
60.00%
62.74%
2020
2
3
5
60.00%
61.51%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
5,063
3,730
8,793
42.42%
35.33%
2023
4,989
4,481
9,470
47.32%
35.67%
2022
4,355
4,163
8,518
48.87%
37.14%
2021
4,665
4,005
8,670
46.19%
35.46%
2020
5,482
4,869
10,351
47.04%
33.86%
2019
6,272
4,407
10,679
41.27%
34.01%