| Carrier | Rate Change | Policyholders | Eff. Date | Filing # |
|---|---|---|---|---|
| Georgia Farm Bureau | −5.2% | 90K | 2/1/27 | GFBR-134795612 → |
| Georgia Farm Bureau | 0.0% | 90K | 2/1/27 | GFBR-134859106 → |
| Georgia Farm Bureau | 0.0% | 72K | 2/1/27 | GFBR-134707855 → |
| American Family | +7.6% | 29K | 9/15/26 | AMFC-134883419 → |
| Amica | +9.8% | 18K | 11/1/25 | AMMA-134467010 → |
| Safeco | +9.9% | 17K | 7/29/26 | LBPM-134861427 → |
On 23 March 2026 the Georgia Department of Insurance disapproved a rate filing from Georgia Farm Bureau Mutual, the state’s largest home insurer. That is unusual on its own — disapprovals are rare. What makes this one worth reading is the direction: the filing asked to make insurance cheaper.
The carrier asked for less than its own analysis said it needed
Filing GFBR-134795612 covers Compass Homeowners, Georgia Farm Bureau’s owner-occupied program. Its own actuarial indication said the book needed +5.1%. The company instead requested −5.2% — a premium reduction of $7,786,865 across 90,296 policyholders, with individual changes running from no change down to −13.3%.
The Department’s reason, in full
“The Department has taken the position of not allowing mandatory
deductibles higher than $1,500.”
— Georgia Department of Insurance,
disposition dated 23 March 2026
That single line is the whole decision. The regulator did not object to the price. It objected to how the price was reached: the lower premium was financed by moving policyholders onto a mandatory deductible above $1,500. A homeowner would pay less each year and more at the moment of a claim.
Read that way the decision is a judgment about what counts as a saving. A cut that shifts risk onto the household is not the same product at a lower price — it is a cheaper, thinner product. Georgia decided homeowners should not be moved onto one without a choice.
What it means for the rest of the market
Georgia Farm Bureau has filed four times on this book in the current window. Three were approved at 0.0%; the fourth, the cut above, was disapproved. So the carrier that looks like it is simply holding rates steady is in fact the one carrier that tried to move them down and was stopped.
Everyone else moved the other way. Twelve Georgia home insurers raised rates in the same period and none cut — American Family +7.6% on 28,722 households, Amica +9.8%, Safeco +9.9%, Homesite +12.9%. Against that backdrop, a blocked 5.2% decrease is the only downward pressure the Georgia home market saw this year.
What to do with this
If you are insured with Georgia Farm Bureau, your rate did not change — and the reduction you might have received in February 2027 is not coming in its current form. If you are with one of the carriers that raised, the gap between you and the market has widened. Either way the comparison is worth running.
See every approved Georgia home rate filing →