Benchmark Insurance Company has filed a 3.7% overall rate increase for its Coterie businessowners program in Rhode Island, affecting 98 policyholders and approximately $227,732 in written premium.

Individual policy impacts range from a 34% decrease to a 43% increase. The filing estimates an $8,347 increase in premium.

The update adopts current ISO forms, rules, and loss costs and adds proprietary endorsements. These include gold and silver enhancement endorsements for businesses, contractors, and restaurants, plus a mobile food vendors enhancement endorsement.

The package also includes a space weather exclusion, an uninsured subcontractor exclusion, a subcontractor risk management condition, and a delivery exposure limitation for hired and non-owned auto liability.

The program is sold through Coterie’s online platform. Submitted October 5, the filing remains pending, with proposed effective dates of January 1, 2027, for new business and April 1 for renewals.