American Mercury Insurance Company has submitted a rate and rule filing for its private passenger auto program in Virginia, proposing an overall rate decrease of 0.06%.

The filing affects approximately 8,011 policyholders and about $17.9 million in written premium, with an estimated premium reduction of roughly $10,000. The indicated change was a 0.3% increase, but the company selected a slight overall decrease.

The changes are scheduled to take effect February 25, 2026 for new business and May 1, 2026 for renewals.

In addition to base rate revisions, the filing includes broad updates to the rating plan, including changes to household structure, driver class, credit, prior claims, vehicle characteristics, payment behavior, and multiple discount and surcharge factors. The company is also reintroducing rate-capping factors and adding new prior insurance measures, including prior policy count and average length of prior coverage.