Revised rates for personal auto in Arkansas

Across the entire country, inflation is affecting the costs to repair and replace vehicles. In addition, overall claim severity is also rising for all companies, which is impacting Farmers Union personal auto customers in Arkansas as well. 

To offset current loss trends, we will be increasing rates effective October 27, 2023, for new business, and December 29, 2023, for renewals. The impact of the rate change will vary based on Individual policy risk characteristics. As a reminder, Famers Union Insurance's personal auto product was designed for customers in the standard to preferred markets. Targeting customers in these markets will help you bind more business with us. We appreciate your continued support and look forward to helping your agency grow.

Please reach out to your local FUI contact for more information.



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