Encompass Insurance Company, part of Allstate, has filed a homeowners rate decrease in Pennsylvania, reducing overall rates by 5.2%.
The new rates take effect April 6, 2026 for new business and May 11, 2026 for renewals.
The decrease applies to approximately 22,705 policyholders and reflects a written premium reduction of about $2.06 million on a book totaling $39.6 million in premium. The company said the move is intended to improve its competitive position in the state.
Product breakdown
Encompass adjusted component base premiums across its primary forms.
HO3, which represents the bulk of the book with more than 20,000 policies, shows generally uniform peril-level impacts of about –5.6%, with minor variation in certain low-premium components.
HO4 renters policies reflect an overall premium decrease of about –10%, with most base rate components reduced by roughly –16%. Further, he filing shows 1,493 HO4 renters policies in Pennsylvania.
HNP5 Premier Home policies also reflect an overall premium decrease of about –10%, with most components reduced in the –10% range.
Impact exhibits included in the filing show that most HO3 policyholders fall within modest negative premium changes, with an overall impact of roughly –5% from the current revision alone. For HO4 and HNP5, the current filing produces average reductions of about –10%.
The rate reduction follows the product’s 2022 launch in Pennsylvania and reflects a repositioning effort in the state’s homeowners market.
Bottom Line: Encompass reported 1,493 HO4 renters policies in Pennsylvania for a product introduced in 2022. By comparison, Lemonade reported 1,478 total homeowners and condo policies in the state as of October 2025, despite being approved to write business there since 2018. The figures suggest Encompass has built a renters book in Pennsylvania roughly comparable to Lemonade’s entire homeowners footprint in the state.