Subject
State Farm Florida Insurance Company has requested a 58.0% overall rate increase for its rental dwelling line of coverage. The proposed rate increase would be effective December 1, 2012 for new business and January 15, 2013 for renewal business. The requested rate increase is not uniform. Some areas are subject to a higher rate increase.
Florida law allows the Office of Insurance Regulation to hold a public hearing for any purpose within the scope of the Insurance Code deemed to be necessary. Input from the insurers as well as interested parties will be received at this public hearing. If you are unable to attend this public hearing, please forward your comments to the Office of Insurance Regulation at ratehearings@floir.com; the subject line of your e-mail should read “State Farm Florida.”