Vault Reciprocal Exchange submitted a rate and rule filing in Virginia for its private passenger auto program, introducing updates to its Auto Complete product without changing overall rate levels.

The filing reflects a neutral rate impact (0.0%), despite a prior revision that increased rates by 16.4% in November 2024.

Instead of a broad rate change, the update focuses on revisions to rating factors and rule manuals, including adjustments across multiple rating variables such as age, marital status, and gender relativities within the primary use class structure.

The program remains relatively small in Virginia, covering 36 policyholders and approximately $106K in written premium, with individual impacts ranging from -33.3% to +11.3% depending on risk characteristics.

The changes are filed under a file-and-use approach, with an effective date of May 11, 2026 for new business and June 11, 2026 for renewals.