Look for others to follow the Big Dog. Many companies play follow the leader when SF increase rates. Also, since their increase is 6.9%, don’t be surprised if they increase again. Under 7% avoids further scrutinization by the DOI so many companies file increases incrementally to come in under the 7% wire on each filing.
“the California property insurance affiliate of State Farm Mutual Automobile Insurance Co., has not increased rates in the state since 2003. The most recent rate changes were rate reductions: 6.2 percent in September of 2005 and 20 percent in April of 2007”
Overall, that makes them only 19.3% lower than prior to March 2007 instead of 26.2% lower, until now.
SF is still very competitive, but all County/ZIP areas are different rates, even in CA.
Good luck agents,
S
Being an indie…I love to hear this. Keep jacking those rates and insuring homes in high risk fire zones. You are makin me money CHA CHING. Muchos Gracias..its gonna be a goooood year
State Farm need to push more clients away they are to big. Good Job guys. Time to raise your auto rates now. Oh ya and keep telling the public that your the same price as those “other guys”….. F N Liars! I laugh each person I rewrite from SF…….what a joke
Look for others to follow the Big Dog. Many companies play follow the leader when SF increase rates. Also, since their increase is 6.9%, don’t be surprised if they increase again. Under 7% avoids further scrutinization by the DOI so many companies file increases incrementally to come in under the 7% wire on each filing.
“the California property insurance affiliate of State Farm Mutual Automobile Insurance Co., has not increased rates in the state since 2003. The most recent rate changes were rate reductions: 6.2 percent in September of 2005 and 20 percent in April of 2007”
Overall, that makes them only 19.3% lower than prior to March 2007 instead of 26.2% lower, until now.
SF is still very competitive, but all County/ZIP areas are different rates, even in CA.
Good luck agents,
S
Being an indie…I love to hear this. Keep jacking those rates and insuring homes in high risk fire zones. You are makin me money CHA CHING. Muchos Gracias..its gonna be a goooood year
State Farm need to push more clients away they are to big. Good Job guys. Time to raise your auto rates now. Oh ya and keep telling the public that your the same price as those “other guys”….. F N Liars! I laugh each person I rewrite from SF…….what a joke