American Family Insurance Company received approval for a rate and rule filing for its homeowners program in South Dakota, with new business effective March 18, 2026, and renewals effective May 1, 2026.
The filing is rate neutral, with no overall rate impact, affecting about 15,569 policyholders and approximately $35.7 million in written premium.
The update replaces sections of the South Dakota homeowners manual and reflects adjustments to rating factors, discounts, and program rules. Individual policy impacts may vary, with changes ranging from a decrease of 8.3% to an increase of 9.2%, depending on risk characteristics.
The filing was submitted under the state’s file and use process and approved on February 17, 2026.
