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SECURA Updates Wisconsin Farm Protector Rates

SECURA is introducing updated rates for its Farm Protector program in Wisconsin, with changes set to take effect October 1, 2026 for both new and renewal business.

The filing reflects a modest 1% overall rate increase, impacting 1,263 policyholders and approximately $21.7 million in written premium, or about $216,808 in additional premium.

The update includes revised base rates across key components of the program, including dwelling, farm property, and liability coverage.

From a performance standpoint, the filing points to a projected loss and LAE ratio of about 61%, aligning closely with the company’s target, which supports the relatively small rate adjustment.

Overall, the move suggests a stable book with incremental pricing refinement rather than a broader correction.