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.