Cajun Underwriters Reciprocal Exchange has received approval to launch its Advantage Dwelling program in Mississippi.

The DP-3 product will become available for new and renewal business beginning September 1, 2026, according to a regulatory filing. DP-3 policies generally cover residential properties that are rented to others or otherwise do not qualify for traditional homeowners insurance.

The program includes dwelling and personal-property coverage, along with options for personal liability, equipment breakdown, water backup, earthquake, ordinance or law, and replacement-cost coverage.

The approved forms also include a roof-surface payment schedule, a cosmetic hail-loss limitation, limited water-damage coverage, and windstorm and hail deductibles or exclusions.

Cajun Underwriters is part of Safepoint Holdings.