NJ CAR Workers’ Compensation Program Lowering costs for franchised auto dealers across New Jersey. For 10 years, NJ CAR has partnered with Gallagher and AmTrust to offer the industry’s most comprehensive workers’ compensation program for our member dealers. The program is custom-tailored to address the exposures and operations of franchised auto dealers and has an established history of paying back up to 25% of your premium in dividends based on your loss experience, not that of a larger group. In 2024, the program again disbursed over $1,000,000 in dividend payments, the largest return in the program’s history, with 84% of program participants seeing a return. Other program benefits include: • Broker-friendly access: Dealerships don’t need to give up their existing relationship. • Industry-specific classification rules: Premium reductions between 15%–20%. • Scheduled underwriting credits: Up to 25%, based on individual dealers’ risk profile. • Collaborative claims advocacy: Aggressive claims investigation and cost containment. • Access to NJ CAR’s zero injury program: A proven industry loss prevention program. • Optional Pay-As-You-Owe (PAYO) billing: Monthly premiums based on actual payroll exposure. The information contained herein is offered as insurance Industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client-specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that your company may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete Insurance policy definitions, terms, and/or conditions, and should not be relied on for coverage interpretation. Actual insurance policies must always be consulted for full coverage details and analysis. Insurance brokerage and related services provided by Arthur J. Gallagher Risk Management Services, LLC. (License Nos. 100292093 and/or 0D69293). © 2024 Arthur J. Gallagher & Co. | GGBUS46425 AJG.com The Gallagher Way. Since 1927. Connect with us Pattie Collins Area Senior Vice President T: (732) 837 9150 E: pattie_collins@ajg.com Charles Russo NJ CAR Risk Management and Safety Specialist T: (609) 883 5056, ext 314 E: crusso@njcar.org In association with New Jersey $5,811,719 Returned
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