A State Farm Insurance request for a 10 percent decrease for private passenger automobile insurance customers has been approved by the West Virginia Insurance Commission. The request was submitted last month to Gov. Joe Manchin and the Insurance Commission.
According to West Virginia Insurance Commissioner Jane L. Cline, State Farm’s new rates go into effect July 8. The company lowered its auto rates due to recent insurance and civil justice reforms passed by the West Virginia Legislature.
State Farm Insurance is the largest property and casualty insurer in West Virginia.
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