Truck Insurance Exchange, part of Farmers Insurance, filed a 0.1% overall rate increase for its FLEX Personal Auto program in Tennessee. The filing seeks approval for new business effective June 9, 2025, and renewals effective July 12, 2025.

While the actuarial indication supported an 8.9% increase, Farmers opted for a minimal adjustment to preserve pricing stability. The change impacts 9,796 policyholders and is expected to increase written premium by $12,081 on a $20.9 million book.

The filing updates base rates and rating factors across multiple coverages, including bodily injury, collision, comprehensive, medical payments, and uninsured motorist property damage. Notable base rate changes include decreases for bodily injury and property damage, offset by increases in comprehensive, collision, and UMPD.

The filing was submitted on a prior approval basis and remains under review by Tennessee regulators.