Metromile Insurance Company has filed for a 25% overall rate increase on its Homeowners By-Peril Program in Illinois. The change, set to take effect July 8, 2025 for new business and July 9, 2025 for renewals, impacts 452 policyholders and $506,233 in written premium, with an expected increase of about $126,600.

The revision affects HO3 and HO6 policies and is intended to correct premiums that came in lower than anticipated post-launch, raising concerns about adverse selection. The updated figures align with the company’s original Rate Indications Exhibit.

The Illinois Department of Insurance has issued a second objection, noting discrepancies in the stated rate impact (25.0% in the filing vs. 27.4% in the objection), leaving the filing pending.