Safeco Insurance Company of Oregon, part of Liberty Mutual, submitted a homeowners filing proposing a 2.5% overall rate increase (compared to a 3.5% indicated need). The state-specific revision modernizes Base Unity and Package Option Unity structures to better align Oregon premium relativities with regional claim trends.

The filing addresses 37,092 policyholders and $84.6 million in written premiums.

Analysts noted that trend credibility for “Contents” forms was limited, reducing confidence in the indicated shift. The company continues to apply the parallelogram method for inflating earned premiums and adjusting for territorial mix.

Safeco previously enacted a 20.6% increase on June 30, 2024, and multiple hikes in 2023–2024, including one as high as 21.7%.

Filing submitted February 3, 2026; renewal effective date May 6, 2026 (renewal business only).