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SureChoice Cuts Mississippi Homeowners Rates

SureChoice Underwriters Reciprocal Exchange, part of the SageSure group, received approval for updates to its Mississippi homeowners program, including an overall rate decrease of 8% impacting 4,153 policyholders and approximately $25.6 million in written premium. The filing carries an indicated rate change of -13.1%, with cumulative policy impacts ranging from -13.2% to -2.9%.

SureChoice launched its Mississippi homeowners program in 2022.

The revised program becomes effective August 26, 2026 for new business and October 1, 2026 for renewals. According to the filing, the largest cumulative rate impacts are primarily driven by changes to hurricane base rates and related rating factors.

SureChoice Underwriters Reciprocal Exchange is domiciled in Texas and operates within the IAT Insurance Group. The filing was submitted by SageSure Insurance Managers.