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.
Was this article valuable?
Here are more articles you may enjoy.
Former Bucknell University Coach Charged in Death of Freshman Football Player 
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
What 124 Future Business Leaders Really Think About AI and Work 
