BRIEF: State Farm lowers auto rates in West Virginia
Register-Herald (Beckley, WV)
July 26--State Farm Mutual Automobile Insurance Company has announced it will cut its rates in West Virginia, bringing overall personal auto rates down by 2.9 percent.
The total statewide expected impact, according to State Farm Mutual, will be approximately $9.1 million.
"The company's current financial strength is allowing us to pass along a rate reduction to our West Virginia customers," said Chris Schell, State Farm Senior Vice President. "We continually evaluate how we can best serve our customers and are very pleased to be able to offer this rate decrease in West Virginia".
Overall changes in premiums for individual motorists will vary depending on the specific details of an individual customer's policy and chosen coverages.
The effective date for new and renewal business is Aug. 20. West Virginia customers with questions can contact their local State Farm agent to discuss their individual situation.
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