MAG Mutual has filed in Florida to introduce new premium installment options designed to increase payment flexibility without adding additional cost to policyholders.

The filing, submitted on February 24, 2026, seeks approval for three payment plans: annual pay, a four-installment option, and a ten-installment option. Notably, the proposed plans do not include any installment or service fees, positioning the change as a customer convenience initiative rather than a revenue-generating billing adjustment.

The filing was prepared by Martin & Company.