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Branch Insurance Exchange files 15.0% homeowners rate decrease in Oklahoma

Branch Insurance Exchange filed a homeowners rate change in Oklahoma with an overall rate impact of a 15.0% decrease, according to the Oklahoma Insurance Department. The requested effective dates are April 10, 2026 for new policies and May 25, 2026 for renewals. It is the largest decrease in the department's homeowners report for January through September 2026.

By C. Zakarian, editor. Published

Filed−15.0%

No approval decision applies. Oklahoma is use and file; this is the overall rate impact the department lists for the filing. Individual premiums vary.

Who it affects

The change applies to Branch Insurance Exchange's homeowners policies in Oklahoma: new policies written from April 10, 2026 and renewals from May 25, 2026, the dates the company requested. The 15.0% is the overall rate impact across the policies the filing covers; individual policyholders' changes can be larger or smaller. The department's report does not say how many policies are affected or which policy forms the filing covers.

What the record shows

The Oklahoma Insurance Department's report lists each filing's company, SERFF tracking number, requested effective dates, and overall rate impact. It does not include the insurer's stated reasons for the change. The full filing is in SERFF Filing Access.

How this compares

This is the only Branch Insurance Exchange homeowners filing in the department's 2025 and 2026 reports, so there is no earlier Branch filing to compare it with.

The department's January through September 2026 homeowners report lists 82 company filings, 56 of them with a non-zero overall change: 40 increases and 16 decreases. This filing's 15.0% is the largest of the 16 decreases. The next largest are Homebound Insurance Exchange's 11.0% and Encompass Insurance Company's 10.2%.

Largest decreases in OID's January to September 2026 homeowners report (5 of 16)
CompanySERFF tracking numberEffective, new policiesOverall rate impact
Branch Insurance Exchange (this filing)BRFI-134899562April 10, 2026−15.0%
Homebound Insurance ExchangeNLGA-134973340July 24, 2026−11.0%
Encompass Insurance CompanyGMMX-134906986May 11, 2026−10.2%
American Bankers Insurance Company of FloridaASPX-134625526June 1, 2026−8.0%
Homebound Insurance ExchangeNLGA-134973163July 24, 2026−7.9%

As of Oct. 10, 2026, FiledRates has published four Oklahoma filings, and this is the first decrease among them. See the Oklahoma page for all of them.

What happens next

Oklahoma is a use-and-file state: insurers can use new rates before filing them and must file within 30 days after the effective date. The department says it cannot disapprove a rate for being too high in Oklahoma's competitive homeowners market; it can disapprove rates that are unfairly discriminatory or inadequate. From July 1, 2027, under House Bill 3781, rates must be filed 30 days before they take effect. More on the process is on our Oklahoma page.

Timeline

  1. Requested effective date for new policies.
  2. Requested effective date for renewals.

Source documents

  1. SERFF State Rate Change Report, Homeowners, Jan. 1 to Sept. 30, 2026Oklahoma Insurance Department. Row for BRFI-134899562 (page 1); totals and ranking computed from all rows. Accessed Oct. 10, 2026.
  2. SERFF State Rate Change Report, Homeowners, Jan. 1 to Dec. 31, 2025Oklahoma Insurance Department. Checked for earlier Branch Insurance Exchange filings; none listed. Accessed Oct. 10, 2026.
  3. Property and casualty rate changesOklahoma Insurance Department. Description of the monthly reports. Accessed Oct. 10, 2026.

Related filings

Written by C. Zakarian, editor. Published .

Every figure on this page comes from the source documents listed above. Read how we report filings in our methodology and editorial policy, or report an error.