On April 24, 2025, State Farm Fire and Casualty Company filed an update in New Jersey covering homeowners, renters, condominium unitowners, and manufactured home policies. The filing, submitted under project ML-48332 (SERFF Tracking Number SFMA-134502602), introduces revised amendatory endorsements and expands personal lines cyber coverage.
The update revises amendatory endorsements for Homeowners (HO-2294.2), Renters (HO-2296.2), Condominium Unitowners (HO-2295.2), and Manufactured Home policies (HO-4230.1). It also includes an updated Cyber Event, Identity Restoration, and Fraud Loss Coverage Endorsement (HO-2609.1), along with new Summaries of Notable Coverages and Exclusions for each product line.
The updated forms modify key definitions, clarify coverage for systems generating electrical power primarily for personal use, such as solar panels, address cancellation and nonrenewal provisions, and introduce bed bug infestation coverage capped at $1,000 per loss. A significant enhancement is the updated cyber coverage, which now offers broader protections against cyberattacks, cyber extortion, data breaches, and identity fraud. The new structure includes a $15,000 annual aggregate limit for Cyber Attack, Cyber Extortion, and Data Breach combined, a $50,000 annual aggregate limit per insured for Identity Restoration and Fraud Loss, and a $500 deductible per cyber occurrence, excluding identity fraud and contingent credit monitoring.
New cyber protections extend to payments for professional forensic IT reviews, legal consultations, credit monitoring, and notification services following data breaches. The changes are set to take effect for new business on October 1, 2025, and for renewals on December 1, 2025.
The cyber endorsement was co-developed with Hartford Steam Boiler Inspection and Insurance Company (HSB). State Farm also explicitly limits certain cyber-related losses through war and hostile action exclusions, aligning its personal cyber coverage more closely with trends seen in commercial cyber policies.