Sypher Insurance Exchange has filed revisions to its Florida homeowners program before writing its first policy in the state.

The filing updates territorial rating factors for the insurer’s HO-3 product. Sypher said it has no existing Florida policyholders, meaning the changes will not produce a rate impact on an in-force book.

The program will offer policies with wind coverage excluded, and Sypher said it does not use credit information or predictive models for underwriting or rating. The filing is related to an earlier submission made in 2026.

Bottom Line: No policies written prior to this filing.