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Farmers Seeks Georgia Homeowners Increase

Economy Premier Assurance Company, part of the Farmers group, filed a rate update for its Legacy PAK II Home program in Georgia, with changes effective June 19, 2026, for renewals.

The filing requests a 7% overall rate increase affecting 250 policyholders and approximately $840,816 in written premium. The change reflects revisions to base rates by territory to better align pricing with loss experience.

The actuarial indication was significantly higher at 46.2%, but the company selected a more moderate increase. The analysis includes modeled hurricane provisions to support the rate level.

This follows a prior 7% increase that took effect in May 2025.

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