American Modern Florida renters’ rate decrease starts October 11
Florida regulators approved an average 12.8% decrease for American Modern Home Insurance Company renters’ policies, effective October 11 for new policies and renewals.
What the record says
Florida’s Office of Insurance Regulation says American Modern Home Insurance Company’s approved HO-4 renters’ rates will fall an average 12.8%, starting October 11, 2026, for new policies and renewals. The October 2 announcement identifies approximately 121,898 exposures. The average does not guarantee the same change for every policyholder.
Source details and supporting locations.
Practical next step
If you hold an American Modern Home renters’ policy, ask your insurer or agent how the approved rates apply to your next renewal or new policy quote.
Limits and what is not established
Applies to this insurer’s approved Florida HO-4 rates. Individual changes vary; the announcement does not promise a midterm premium reduction or apply to every Florida insurer.
Sources checked October 9, 2026. Later notices may change instructions or arrangements.
Original sources
Florida Office of Insurance Regulation: original information