State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%.
The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California Department of Insurance.
State Farm said recent trends involving less costly physical damage claims are what enabled the carrier to seek to lower its auto insurance rates.
Rate reductions will vary by individual policy, and the adjustment applies to current customers at policy renewal, as well as new and returning customers.
State Farm is the largest auto and homeowners insurer in California, offering coverage though State Farm Mutual Automobile Insurance Company and State Farm General Insurance Company.
The carrier got approval for a 17% rate increase in homeowners rates in California following billions of dollars in losses from the L.A. wildfires and a pullback on writing new policies in the state. State Farm upped its rate request in May.
Topics California Auto Pricing Trends
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