New Jersey commercial insurance rate filings (2026)
Every commercial-insurance carrier writing business in New Jersey files its loss costs and rating values with the state's insurance regulator — the primary-source records that drive every commercial quote in New Jersey. This page summarizes the 34 active filings we track for New Jersey across 1 line(s) of business and 34 classification(s).
How Workers' Comp rates are set in New Jersey
New Jersey runs a private Workers' Comp market. Rate filings are reviewed by the New Jersey Department of Banking and Insurance. The governing authority is N.J.S.A. Title 17B (Insurance). You can confirm any New Jersey carrier or agent is licensed with the state's license-lookup tool. We track 34 distinct classification(s) for New Jersey across 34 active filing(s). Workers' Comp loss costs are filed by NCCI in most states or by an independent state rating bureau; your actual premium is that filed loss cost multiplied by your carrier's loss-cost multiplier (LCM), your experience modifier, and your payroll divided by $100 — so two New Jersey businesses in the same classification can pay very different rates. Comparing quotes from multiple carriers is the only way to see how those multipliers differ for your specific operation.
Across the New Jersey filings we track, filed loss costs range from $0.14 to $25.33 per $100 of payroll, filed by 2 distinct carrier(s) or bureau(s). The lines represented are Workers Compensation. Classifications tracked include NCCI class codes 0005, 0042, 0106, 5022, 5183, 5190, 5223, 5403, 5437, 5462, 5474, 5538, 5551, 5606, 5645, 7219, 7230, 7231, 7370, 7380, 7382, 8279, 8385, 8392, 8742, 8748, 8810, 9014, 9015, 9079, 9402, 9403, 9586. The most-recent New Jersey filing we track is effective January 2026. Every row below links to its SERFF tracking number so the New Jersey regulator record can be verified.
Workers' Compensation covers medical bills and lost wages for New Jersey employees injured on the job — mandatory in New Jersey once you have staff.
In New Jersey, Commercial General Liability carriers earned about $4.0B in premiums at a 67.9% loss ratio and a -9.4% underwriting profit (NAIC 2023). In New Jersey, Workers Compensation carriers earned about $2.7B in premiums at a 41.9% loss ratio and a 16.3% underwriting profit (NAIC 2023). In New Jersey, Commercial Multiple Peril carriers earned about $2.0B in premiums at a 49.2% loss ratio and a 6.1% underwriting profit (NAIC 2023). In New Jersey, Commercial Auto carriers earned about $2.0B in premiums at a 87.6% loss ratio and a -24.4% underwriting profit (NAIC 2023). In New Jersey, Inland Marine carriers earned about $1.1B in premiums at a 42.4% loss ratio and a 22.9% underwriting profit (NAIC 2023). In New Jersey, Commercial Property carriers earned about $594M in premiums at a 32.2% loss ratio and a 41% underwriting profit (NAIC 2023). In New Jersey, Medical Professional Liability carriers earned about $547M in premiums at a 41.9% loss ratio and a 13.9% underwriting profit (NAIC 2023). In New Jersey, Product Liability carriers earned about $230M in premiums at a 74.6% loss ratio and a -26.3% underwriting profit (NAIC 2023). These market-level results come from the NAIC Report on Profitability by Line by State — a primary-source view of how each commercial line actually performs in New Jersey, beyond the filed loss costs above.
- New Jersey filed commercial loss costs we track run about $0.14 to $25.33 per $100 of payroll — the regulator-approved baseline before each carrier's multiplier and your experience modifier.
- New Jersey rate filings are public, primary-source records; every figure here traces to a SERFF tracking number you can verify with the state regulator.
- Your actual New Jersey premium depends on your class code, carrier loss-cost multiplier, experience modifier, and payroll — the filed loss cost is only the starting point.
Recent rate-filing activity — 8 state filings across 1 commercial line
Commercial carriers can't charge whatever they want — each state's Department of Insurance must approve loss-cost filings before they take effect. These are primary-source, government-held records available on SERFF Filing Access. Cited below: the most-recent active filings affecting commercial operations, with the real SERFF tracking number for each.
| Line | State | Overall change | Effective | SERFF tracking |
|---|---|---|---|---|
| WC | NJ | -4.3% overall rate decrease vs prior period | Jan 1, 2026 | NJCRIB-NJ-2026-CL-2510 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-5437 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-5551 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-0005 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-0042 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-0106 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-5022 |
| WC | NJ | per $100 payroll (NJ administered manual rate) | Jan 1, 2026 | NJ-NJCRIB-2026-5183 |
Source: SERFF Filing Access (filingaccess.serff.com) — the official public-records interface for state Department of Insurance filings. Loss-cost changes shown are the overall bureau-wide change in each state; the actual impact on your quote depends on your class code, payroll, experience modifier, and carrier-specific loss-cost multiplier (LCM). Get a quote for your exact numbers.
Get a real New Jersey quote
Bureau-filed loss-cost changes are the regulator-approved starting point — actual premium depends on your class code, payroll, experience modifier, schedule credits/debits, and the carrier's LCM. Request a free New Jersey quote in under 90 seconds.
Get a free New Jersey quote →New Jersey filed rates by coverage
Coverage-specific New Jersey rate-filing detail — bureau loss costs, recent filings, and how carriers price each line:
Related New Jersey cost pages
New Jersey-specific cost guides for the verticals we cover:
New Jersey insurance profitability by line (2023 NAIC)
How profitable each commercial line runs in New Jersey — loss ratio (incurred losses ÷ premiums earned); lower is more profitable for carriers:
Source: NAIC 2023 Report on Profitability by Line by State · compare every line & state →