State Farm Auto Insurance Rate Increase 2024. According to data from the consumer price index, auto insurance rates went up 22.6% from april 2023 to april 2024. Here are the important pointers regarding the proposed amendments to the insurance act, 1938:
State farm’s average rate is $2,025 a year, based on our analysis. State farm mutual automobile insurance co.’s multiple rate filings in the silver state will boost its rate by 34.7%.
Car Insurance Rates Are Expected To Increase By 12.6% Across The U.s.
Why did my car insurance rate go up in 2024?
Despite Being Smaller Than Past Increases, It's Still A Notable Rise.
State farm’s latest increase in illinois will raise auto rates, on average, 6% (or about $56 annually), starting june 5, according to filings with the illinois department of insurance.
State Farm Auto Insurance Rate Increase 2024 Images References :
Premium Insurance Rates Continue To Increase For Private Auto Insurers Nationwide, Up 14% In 2024.
Why did my car insurance rate go up in 2024?
That’s On Par With The National Average Cost Of Car Insurance, But Higher Than Many Competitors.
The car insurance industry has seen broad rate increases recently due to inflation and higher claims costs.