State Farm Mutual Automobile Insurance Company has announced it will reduce auto policy rates by an average of 3.8 percent over the next six months. State Farm, with 1.5 million policyholders, is one of Georgia’s largest insurance companies.
A company spokesperson said the rate reduction will save its policyholders about $44 million a year in premiums. The new rates will take effect as policyholders renew their contracts.
Was this article valuable?
Here are more articles you may enjoy.
Karen Read Sues Police Agencies That Investigated Her Boyfriend’s Death 
Ben & Jerry’s Co-Founder Says Brand Being ‘Destroyed’ by Magnum 
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk 
Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz 
