Dwelling · Settled · Docket D-25-1

Dwelling requested 68.3%; settled at two 5.0% steps in October 2026 and October 2027

Filed
June 27, 2025
Requested
+68.3%
Approved
+5.0%
Effective
October 1, 2026 and October 1, 2027

Requested: Statewide average requested increase for dwelling (landlord) policies.

Outcome: Settled at two identical 5.0% steps: +5.0% effective October 1, 2026 and +5.0% effective October 1, 2027.

What this filing means

The Rate Bureau asked for a 68.3% statewide average increase on dwelling (landlord) policies. The Department of Insurance settled the case far lower: two separate 5.0% increases, the first effective October 1, 2026 and the second effective October 1, 2027. Dwelling policies cover buildings the owner does not live in, so these changes reach rental property owners rather than tenants directly.

Timeline

  1. October 1, 2027 · Took effect

    Second 5.0% step takes effect

    The second approved 5.0% dwelling increase applies to policies written or renewed on or after this date.

  2. October 1, 2026 · Took effect

    First 5.0% step takes effect

    The first of the two approved 5.0% dwelling increases applies to policies written or renewed on or after this date.

  3. February 18, 2026 · Settled

    Settlement reduces the request to two 5.0% steps

    The Department of Insurance and the Rate Bureau settled at two 5.0% increases instead of the 68.3% requested.

  4. June 27, 2025 · Filed

    Rate Bureau filed a 29.8% dwelling request

    The Rate Bureau filed for a 29.8% statewide average increase. The filing is under review.

Approved change by territory

A single approved statewide average is distributed unevenly across the rate territories. This is the per-territory outcome for this filing.

Approved percentage and effective date for each rate territory in this filing.
TerritoryApprovedEffectiveCounties
110Beach Area and Ocean Front+5.0%October 1, 2026Brunswick, Carteret, Dare, New Hanover, Onslow, Pender
110Beach Area and Ocean Front+5.0%October 1, 2027Brunswick, Carteret, Dare, New Hanover, Onslow, Pender
120Coastal Remainder+5.0%October 1, 2026Beaufort, Camden, Chowan, Currituck, Hyde, Pamlico, Pasquotank, Perquimans and 2 more
120Coastal Remainder+5.0%October 1, 2027Beaufort, Camden, Chowan, Currituck, Hyde, Pamlico, Pasquotank, Perquimans and 2 more
130Eastern Coastal Plain+5.0%October 1, 2026Bertie, Bladen, Columbus, Craven, Duplin, Gates, Greene, Hertford and 7 more
130Eastern Coastal Plain+5.0%October 1, 2027Bertie, Bladen, Columbus, Craven, Duplin, Gates, Greene, Hertford and 7 more
140Northeastern Piedmont Plain+5.0%October 1, 2026Edgecombe, Franklin, Granville, Halifax, Harnett, Johnston, Nash, Vance and 2 more
140Northeastern Piedmont Plain+5.0%October 1, 2027Edgecombe, Franklin, Granville, Halifax, Harnett, Johnston, Nash, Vance and 2 more
150Sandhills+5.0%October 1, 2026Anson, Chatham, Cumberland, Hoke, Lee, Montgomery, Moore, Richmond and 2 more
150Sandhills+5.0%October 1, 2027Anson, Chatham, Cumberland, Hoke, Lee, Montgomery, Moore, Richmond and 2 more
160Charlotte Metro+5.0%October 1, 2026Cabarrus, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and 1 more
160Charlotte Metro+5.0%October 1, 2027Cabarrus, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and 1 more
170Triad+5.0%October 1, 2026Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Person, Randolph and 4 more
170Triad+5.0%October 1, 2027Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Person, Randolph and 4 more
180Triangle+5.0%October 1, 2026Durham, Orange, Wake
180Triangle+5.0%October 1, 2027Durham, Orange, Wake
190Foothills and Northern Mountains+5.0%October 1, 2026Alexander, Alleghany, Ashe, Avery, Burke, Caldwell, Catawba, McDowell and 4 more
190Foothills and Northern Mountains+5.0%October 1, 2027Alexander, Alleghany, Ashe, Avery, Burke, Caldwell, Catawba, McDowell and 4 more
200Western Mountains+5.0%October 1, 2026Buncombe, Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon and 5 more
200Western Mountains+5.0%October 1, 2027Buncombe, Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon and 5 more

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