Frankenmuth Insurance is excited to announce changes to our Ohio homeowners program, based on your feedback. The following rate adjustments were designed to help you continue to write your good business with us.

The following rate adjustments have been made:

  • Coverage A factors have been adjusted to be more in line with the market and provide relativity reductions for homes with Coverage A values greater than $500,000.
  • Age of home factors have been adjusted to provide reductions on homes between 0-14 and 61+ years old.
  • Dwellings under construction will no longer receive a discount.
  • Base rates for all dwelling forms have been adjusted.

Although individual policyholders’ results will vary, the overall rate impact for the Ohio home program is 2.0%.

Effective Dates

This rate change is effective June 1, 2023.

If you have any questions, feel free to contact your Personal Lines field manager or underwriter.

Thank you for your continued partnership with Frankenmuth Insurance.

image_pdf