At a Dec. 4 public hearing, the Alabama Department of Insurance will consider requests by State Farm Mutual Auto Insurance Co. and State Farm Fire & Casualty raise auto insurance rates in that states.
According to the Associated Press, State Farm Mutual wants a 5.1 percent on average increase, and State Farm Fire & Casualty, wants an 11.7 percent rate hike.
State Farm Fire & Casualty insures higher-risk drivers.
Progressive Specialty Insurance increased rates in Alabama by an average of 4.8 percent in September.
Topics Trends Auto Pricing Trends Alabama
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Is Your GL Policy Leaving You Exposed as Digital Risk Shifts? 
Tropical Storm Watches Posted Across Florida’s Panhandle Region 
Air Taxi Service Across Parts of Florida Moving Closer to Reality 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
