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.
UFG Insurance Launches ProSeries Insurance Products for Small Businesses
Use Online Quotes And Find The Best Car Insurance Policy
Advisor News
- Trump to promote tax breaks in Las Vegas, where residents feel the pinch of high gas prices
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
- OBBBA can give small-business clients opportunities for saving
More Advisor NewsAnnuity News
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
- Smart annuity planning can benefit long-term tax planning
- Agam Capital Announces the Continued Growth of Agam ISAC’s Bermuda Platform
More Annuity NewsHealth/Employee Benefits News
- Mallory McMorrow shops maternal health plan with focus on Black mothers, addressing inequities
- SAFEGUARDING PATIENTS FROM COVERAGE LOSS, ELLMAN TARGETS OVERDUE PREMIUM POLICIES
- EMPLOYER-SPONSORED HEALTH INSURANCE 101
- MORRISON ADVANCES MEASURE ENSURING INSURANCE COVERAGE FOR SEIZURE DETECTION DEVICES
- SENATOR THOMPSON APPLAUDS GOVERNOR'S SIGNING OF SENATE BILL 1942
More Health/Employee Benefits NewsLife Insurance News
- ‘Seismic changes’ cloud global economy, analyst says
- Lifetime income is the missing link to global retirement security
- AM Best Affirms Credit Ratings of ReliaStar Life Insurance Group Members
- Voya Financial announces expanded Employee Assistance Program services with TELUS Health
- How improving the customer experience can build trust
More Life Insurance News