Elephant Insurance Company filed a rate and rule update for its private passenger auto program in Tennessee. The filing was submitted on February 11, 2026, with a requested effective date of March 13, 2026, for new business and May 13, 2026, for renewals.

The change is overall rate neutral, with a 0.0% rate impact, despite an indicated need for a 15.1% decrease. The program affects approximately 11,510 policyholders and represents about $3.3 million in written premium. Individual policy impacts will vary, with changes ranging from a decrease of 9.8% to an increase of 28.6%.

The filing updates multiple rate and rule tables across the rating plan, including base rates, territory factors, vehicle MSRP and model year relativities, expense score factors, underwriting tier placement, and billing provisions. It also revises a broad set of rating variables such as driver characteristics, insurance history, vehicle usage and ownership, lapse history, prior carrier underwriting actions, channel factors, and work-from-home status.

Elephant last revised Tennessee personal auto rates in July 2024.