Allstate Insurance Company has submitted a filing in North Carolina proposing a 3.7% overall rate level change for its Owners and Deluxe Plus Owners homeowners programs, effective June 1, 2026, for both new and renewal business.

The filing revises zone deviation factors across homeowners, renters, and condominium business, allowing premiums to vary by territory relative to North Carolina Rate Bureau base rates. For the Owners program, the changes would affect approximately 2,514 exposures, or about 12.7% of the company’s North Carolina policies, and result in roughly $317,000 in annual premium reduction.

The overall impact at the portfolio level is modest, with an estimated written premium change of about $1.24 million across 79,117 policyholders. Individual policy impacts will vary widely, with potential changes ranging from a 9.9% decrease to a 23.7% increase depending on location and rating characteristics.

Most rating components remain unchanged, including deductibles, protective device credits, renovated home discounts, retirement discounts, home and auto bundling, and the Good Hands People discount. The primary adjustment in this filing is the modification of territorial pricing through updated zone deviation factors.

For condominium and renters business, the filing proposes no overall rate level change, though territorial deviation factors are also being updated.