GEICO is introducing a rate update to its Tennessee private passenger auto programs, targeting an overall 5% decrease across both entities. The filing was submitted on March 27, 2026, with proposed effective dates of April 9, 2026 for new business and June 7, 2026 for renewals.

The reduction applies to a book of roughly 44,500 policyholders and about $77.6 million in written premium, translating to an estimated premium decrease of nearly $3.9 million across both companies.

The move reflects improved loss trends, allowing GEICO to lower rates while refining its rating structure. The combination of base rate reductions and factor adjustments points to more granular risk segmentation rather than a broad pricing reset.