Introducing rate capping to our homeowner book

March 20, 2024
Corporate

Gore Mutual is implementing rate capping to our homeowner book of business.

Gore Mutual is implementing rate capping to our homeowner book of business for renewals effective May 26, 2024, onwards.

You asked, and we listened. We’ve implemented new measures to help stabilize renewal premiums for our top homeowner customers. Want to make sure your customers have the best rates on renewal? Please ensure the multiline discount is applied to their accounts and/or that we have received consent to be considered for capping at renewal.

We are confident that these changes will help provide rate stability for your best customers. If you have any questions, please contact your business development representative.

What’s the latest?

Updates to Strata rates to soon take effect

Personal Lines

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Gore Mutual is adjusting Strata rates to support pricing stability and target segment alignment. A rate increase takes effect March 28 for new business and May 27 for renewals.  

Make the move to DASH—Gore Mutual’s new standard for auto insurance reporting

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Gore Mutual is transitioning to DASH exclusively for its driver history reports. If you haven’t already, you’ll want to transition to DASH today to discover the new standard in auto insurance reporting.