Public insurance rate-change record
California approved a +1.5% homeowners rate change for Farmers Insurance Exchange
Farmers Insurance Exchange asked to change rates by +7.0%. California approved +1.5%.
This is not your personal renewal price
The percentage is an average for policies covered by this request. Your bill may change by a different amount—or not at all—depending on your coverage, location, discounts, claims, and renewal date.
In plain English: The state approved +1.5% instead of the +7.0% Farmers Insurance Exchange requested—a difference of 5.5 percentage points.
What this means
California has allowed an average +1.5% change for the policies covered by this filing. Customers can still see different changes because insurers price each policy individually.
What happened, in order
May 11, 2026
A requested change of +7.0% was published.
Recorded from Approval and Closed List YTD 7/31/26
May 11, 2026
The department recorded an approved change of +1.5%.
Recorded from Approval and Closed List YTD 7/31/26
See filing dates and official identifiers
- California record number
- 25-2528
- Industry filing ID (SERFF)
- FARM-134749344
- Status
- Approved
- Insurance category in the state record
- HOMEOWNERS MULTI-PERIL
- Policy group or program
- Farmers Next Generation® Homeowners, Smart Plan Ho
- Type of request
- RATE AND VARIANCE
- First published
- January 2, 2026
- Decision or closing date
- May 11, 2026
This company is part of the Farmers group. Companies in the same group can file separate requests and receive different decisions.
See 2 related company filings
These records were submitted together, but each licensed company has its own state record and may receive a different decision.
- Fire Insurance Exchange — company asked +7.0%
- Mid-Century Insurance Company — company asked +7.0%
Check the official source records
Every displayed value is tied to a file published by California Department of Insurance. This section is for readers who want to verify the original record.
Where these numbers came from
| Value | As published | How it was read | Retrieved |
|---|---|---|---|
| Approved change | 1.5 | read directly from a spreadsheet cell | August 9, 2026 |
| Closed date | 2026-05-11 | read directly from a spreadsheet cell | August 9, 2026 |
| Company name | FARMERS INSURANCE EXCHANGE | read directly from a spreadsheet cell | August 9, 2026 |
| Filing type | RATE AND VARIANCE | read directly from a spreadsheet cell | August 9, 2026 |
| NAIC group | 69 | read directly from a spreadsheet cell | August 9, 2026 |
| Line description | HOMEOWNERS MULTI-PERIL | read directly from a spreadsheet cell | August 9, 2026 |
| Line type | PERSONAL | read directly from a spreadsheet cell | August 9, 2026 |
| NAIC company code | 21652 | read directly from a spreadsheet cell | August 9, 2026 |
| Public notice date | 2026-01-02 | taken from the date the notice was published | August 9, 2026 |
| Program | Farmers Next Generation® Homeowners, Smart Plan Ho | read directly from a spreadsheet cell | August 9, 2026 |
| Requested change | 7 | read directly from a spreadsheet cell | August 9, 2026 |
| Status | APPROVED | read directly from a spreadsheet cell | August 9, 2026 |
| Variance | 8D | read directly from a spreadsheet cell | August 9, 2026 |
Source files
- Approval and Closed List YTD 7/31/26
Retrieved August 9, 2026 · sha256 86969dc220270433
- January 2, 2026, Rate Filings
Retrieved August 9, 2026 · sha256 15ce035f06fcda16