News and Memos

1203, 2018

2018 Kentucky FAIR Plan Rate Changes

03/12/2018 7:32:30 EDT|

The Kentucky FAIR Plan is implementing a rate change for new business and renewal policies effective June 1, 2018.

The rate change will impact Dwelling Fire, Homeowners, Farm Property and Commercial Property policies.

The impact of the rate change is as follows:
Dwelling Fire: -7%
Homeowners: -5%
Farm Property: -6.5%
Commercial Property -6.5%

These are overall rate impacts. Actual impacts may vary based on individual policy characteristics.