The approval comes as Florida’s five largest auto insurance groups indicate an average 12.6% rate decrease for 2026.
Florida Insurance Commissioner Mike Yaworsky has approved auto rate decreases for several USAA Group programs that average 7% and affect more than 498,000 policies, the Florida Office of Insurance Regulation (OIR) announced Oct. 26.
Average rate changes for policyholders range from a 0.4% decrease to an 11.2% decrease, according to OIR. USAA’s Florida business is most heavily concentrated in Brevard, Escambia and Okaloosa counties, where average decreases are 5.8%, 8.0% and 8.4%, respectively. OIR did not announce an effective date for the
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.
Leave a Reply
You must be logged in to post a comment.