State Farm is introducing updates to its Georgia commercial multiperil program, with revised rates resulting in an overall increase of 14%.
The changes apply to the insurer’s existing CMP portfolio in the state and reflect an indicated need of 16.9%, suggesting the company is taking a slightly moderated approach relative to actuarial indications. The update impacts approximately 35,151 policyholders and corresponds to a written premium base of about $113.5 million, with an estimated premium increase of nearly $15.9 million.
The filing includes a wide range of potential outcomes at the policy level, with increases of up to 76% and decreases of as much as 37.1%, indicating continued segmentation across risks.
The updated rates are scheduled to take effect on June 15, 2026 for new business and August 15, 2026 for renewals.
