AssuranceAmerica filed updates to its Florida Private Passenger Auto Elite 2.0 program, refining pricing segmentation, underwriting rules, and rating variables while keeping the overall rate impact at 0%.

The filing is less about rate movement and more about structure. It revises tier assignments and factors, introduces a new vehicle symbol framework, and updates model year relativities, alongside recalibrated base rates and expense constants to support the revised segmentation.

A key change is the introduction of a vehicle type surcharge for luxury vehicles, adding a clearer pricing distinction by vehicle class. At the same time, the program expands its underwriting appetite to accommodate higher-value vehicles.

The rating framework remains highly granular, spanning driver profile, prior coverage, vehicle attributes, payment behavior, and distribution inputs, with renewal changes capped at ±10%.

Effective February 17, 2026 for new business and March 24, 2026 for renewals, the update represents a modernization of vehicle classification and segmentation—shifting toward more precise vehicle pricing, a defined luxury tier, and broader eligibility for higher-value risks.