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.
Topics Auto Georgia State Farm
Was this article valuable?
Here are more articles you may enjoy.
Florida Supreme Court Approves Board Certification in Insurance Law 
Kroger Plans to Slash 37% of Corporate Jobs in Next Three Years 
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say 
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments 
