W. Va. Approves 10 Percent Decrease in State Farm Auto Policy Rates
A State Farm Insurance request for a 10 percent decrease for private passenger automobile insurance customers has been approved by the West Virginia Insurance Commission. The request was submitted last month Gov. Joe Manchin and the West Virginia Insurance Commission last month.
According to a news released issued by Jane L. Cline, West Virginia Insurance Commissioner, the new rates will go into effect July 8. State Farm is lowering its auto rates in light of recent insurance and civil justice reforms passed by the West Virginia Legislature.
State Farm Insurance is the largest property and casualty insurer in West Virginia.
Popular Today
- 11 New Firms Join Insurance Journal’s Top 100 Independent Agencies
- State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review
- Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes?
- Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins