State Farm Fire and Casualty Company has filed updates to its HO-48926 homeowners product in New Mexico, with no change in overall rates. The filing, submitted and closed on August 11, 2025, under a “File & Use With Review” status, takes effect September 15, 2025, for new business and November 15, 2025, for renewals.
The program covers 152,584 policyholders and $164.97 million in written premium. Changes include setting a $1,000 minimum Wind/Hail Deductible and introducing a new table to calculate this deductible as a percentage of Coverage A.