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.
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
