The New Jersey Insurance Underwriting Association (NJIUA) has filed for an overall 3.9% rate increase for its Dwelling Fire program, effective March 1, 2026, for both new and renewal business.

The filing applies to approximately 6,600 policyholders and $6.1 million in written premium, projecting an additional $221,386 in premium revenue. The proposed adjustments include a 3.6% increase for Dwelling Fire coverage, a 5.6% increase for Extended Coverage, and no change for Vandalism rates.

This annual rate filing aims to maintain program solvency and rate adequacy for the state’s residual market property insurer. The maximum policy-level impact is +4.2%, with a minimum of +2.6%.

While NJIUA’s domicile status lists the filing as “Not Filed,” the submission represents a routine annual adjustment following last year’s rate increase, which took effect in mid-2024.