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The insurer, one of Florida’s largest auto insurers, filed for 10% rate cuts a week after state insurance regulators warned ...
State Farm, one of Florida’s largest auto insurers, has filed to lower auto insurance rates by 10% for drivers across the ...
State Farm explained that the reductions are due to legislative changes in Florida, enabling them to lower costs for ...
Combined, the cuts will lower insurance premiums in Florida by more than $1 billion for cars, averaging $400 per vehicle, the company said.
State Farm announced Thursday that its latest price drop will reduce costs by more than 20% on average since October 2024.
State Farm announced Wednesday that it is rolling out lower auto rates for Florida drivers. After a rate cut was filed this week, State Farm said customers’ premiums will drop by an average of 10%.