Florida Family Home Insurance Company has filed an 8% statewide rate decrease for its HO-3 homeowners program in Florida.

The company’s actuarial analysis indicated a 4.8% decrease, but it selected an 8% reduction. The filing covers approximately 20,800 earned house-years and $70 million in annual earned premium. It does not change coverage levels.

The new rates took effect August 6, 2026, for new business and August 26, 2026, for renewals.

Florida Family uses Verisk’s US Hurricane Model Version 3.0.0 through the Touchstone platform to estimate hurricane losses. It also uses the LexisNexis Attract Homeowner model to obtain credit-based insurance scores for named insureds, with the scores applied only to the non-hurricane portion of the premium.