State Farm Mutual Automobile Insurance, which covers about one in every three cars in Louisiana, is raising insurance rates for drivers.
The company announced that the increases will average 3.4 percent, starting Feb. 17. Going up will be premiums for liability, collision and comprehensive coverage.
State Farm spokesman Gary Stephenson says the average increase per insurance policy will be about $35 per year.
He says premium changes will depend on the type of coverage, individual discounts, the kind of vehicle insured, the hometown of the driver and other factors.
Commissioner of Insurance Jim Donelon agreed to the rate increase, according to his spokeswoman.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Shaq Hacked: Shaquille O’Neal’s Custom Range Rover Stolen in Transport 
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar 
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case 
Satellite Data Reveals Hurricane Melissa Damage in Jamaica From This Issue
