Liberty Mutual has filed a 3% average rate increase for its Virginia homeowners program, affecting 51,002 policyholders across three underwriting companies.

The filing proposes revised H3 base rates for renewals beginning December 22, 2026. Submitted November 3, it remains assigned for regulatory review.

The change would generate approximately $4 million in additional premium on a book with $131.8 million in written premium. Individual policy increases range from 1.6% to 4.1%.

Montgomery Mutual Insurance Company accounts for most of the affected business, with 40,248 policyholders. Liberty Insurance Corporation lists 7,367 policyholders, while Liberty Mutual Insurance Company lists 3,387.

The company’s actuarial analysis indicated a need for a 6.8% increase, compared with the 3% selected. The filing lists the previous rate revision as a 19.8% increase effective January 27, 2024.