Drivers in Alabama insured through State Farm will be paying slightly less for coverage beginning next month.
State Farm Mutual Automobile Insurance Co. announced it would reduce its Alabama auto insurance rates by a statewide average two percent. The new rates take effect Nov. 21.
The Bloomington, Illinois-based State Farm is the largest automobile insurer in Alabama. The company’s rate decision will save drivers a total of $10.2 million.
Since 2005, State Farm says its auto rates have dropped by nearly 16 percent.
Topics Auto Alabama State Farm
Was this article valuable?
Here are more articles you may enjoy.
GEICO Avoids Class Action Over Totaled Vehicle Payouts in New Jersey
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11
Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity
Seven Charged in $100 Million Workers’ Comp Fraud in Florida 

