Independence American Insurance Company is introducing a +30.9% rate increase for its pet insurance program in Florida, according to a new filing. The change applies to a closed block of business administered by Pets Best, with no new policies being issued.

The increase is driven entirely by medical coverage, which will rise by 31.3%, while wellness coverage remains unchanged.

The update also includes revisions to base rates and age factors, reflecting updated loss experience and trend assumptions based on Florida data evaluated through September 2025.

The filing is scheduled to take effect July 15, 2026, for existing policyholders.