| Carrier | Rate Change | Policyholders | Eff. Date | Filing # |
|---|---|---|---|---|
| Liberty Mutual | +5.0% | 142K | 4/29/26 | LBPM-134738048 → |
| GEICO | +4.9% | 1.5M | 3/10/25 | GECC-134404337 → |
| Travelers | +3.0% | 228K | 12/29/25 | TRVD-G134680232 → |
| State Farm | 0.0% | — | 11/17/25 | SFMA-134399932 → |
| USAA | 0.0% | — | 12/18/25 | USAA-134556435 → |
| Allstate | 0.0% | 41K | 6/21/25 | ALSE-134438903 → |
If your Liberty Mutual renewal in New York climbed, here is the source: Liberty Mutual filed for a rate increase (SERFF LBPM-134738048) and the New York Department of Financial Services approved +5.0%. These are approved filings from the public SERFF system — not estimates — and each links to its filing.
Liberty Mutual asked for +20.2% and got +5.0%
Filings separate the indicated change (what the actuaries said the loss data justified) from the approved change (what the state allowed). Liberty Mutual indicated +20.2% and was held to +5.0% — roughly a quarter of what its own math called for. That doesn’t mean its costs are covered; it means about fifteen points of indicated need are still unfilled. Carriers refile to close a gap that size, so a New York Liberty Mutual customer should plan on continued increases — which is a strong reason to see what a competitor charges before the next one arrives.
Your +5.0% isn’t the average for everyone
A statewide +5.0% is blended; Liberty Mutual reprices individually on your ZIP, vehicle, age, claims and coverage, so your actual change may be higher or lower. The headline number can’t tell you whether you’re on a competitive price — only a comparison for your profile can.
The one stat that matters: Liberty Mutual indicated +20.2% in New York but took only +5.0% — the unfilled gap tends to return as another increase. Compare every carrier for your exact ZIP →
Meanwhile, New York’s biggest insurers held flat
Not everyone raised. While Liberty Mutual, GEICO (+4.9%) and Travelers (+3.0%) moved up, State Farm, USAA and Allstate all filed New York rates flat at 0%. Against a carrier that just took +5% with +15 points still to come, a competitor holding flat can look very different at renewal.
What to do with your renewal
Approved changes apply at renewal, not mid-term, and usually reach new customers first. Your renewal shows Liberty Mutual’s price for your coverage; it does not tell you what State Farm, USAA or GEICO would charge for the same coverage today. Running your ZIP against every carrier is free and takes a couple of minutes — and with a large indicated gap unfilled, it’s worth doing now.