State Farm announced Monday it will cut its auto insurance rates by $2.2 billion as Americans continue to drive less as a result of the coronavirus pandemic. The Bloomington-based firm is the nation’s largest underwriter of auto insurance. State Farm is seeking regulatory approval in each state to reduce auto rates nationwide, and it estimates… Continue reading State Farm Cuts Auto Rates by $2.2B As Americans Continue to Stay Home During the COVID-19 Pandemic
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