Consumer Price Index (CPI) data from December 2023 to December 2024 showed that the cost of motor vehicle insurance increased 11.3% nationwide, second only to the rising price of eggs. At the end of ...
Following an investigation that started in 2020 stemming from numerous complaints made by State Farm policy holders, the insurance company has been fined $2 million by the state Auditor’s office.
Just weeks after Gov. JB Pritzker called for action following State Farm’s 27.2% rate hike for homeowners insurance, some state lawmakers and officials said they are renewing efforts to address the ...
State Farm scored 3.9 out of 5 stars in our analysis of car insurance companies. It offers lower-than-average rates and especially good deals for bundling and young drivers. The company has high ...
Credit rating agency AM Best has revised the outlook for State Farm Auto Insurance and its subsidiaries to negative, citing falling auto premiums and weather-related losses. AM Best, in a recent ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
New Jersey drivers pay some of the highest rates for car insurance in the nation: A full coverage policy averages $3,254 a year, or 21% more than the national average Minimum coverage in the Garden ...
State Farm has lower-than-average rates, high customer satisfaction ratings and special programs for young drivers Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an ...