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Article: State Farm Boosts Rates For Home Insurance; Premiums to Go Up More than 20% in Area
- Article from:
- The Washington Post
- Article date:
- July 12, 2002
- Author:
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Copyright informationThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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State Farm, the nation's largest home insurer, is increasing rates
more than 20 percent in Virginia, Maryland and the District, blaming
rising claims nationally and stock-market investment losses.
The increases take effect Monday for new policies and Sept. 15 for
existing customers unless vetoed by state regulators, which is not
expected.
State Farm rates will go up 26.8 percent in Virginia, 25.2 percent
in Maryland and 21.5 percent in the District. The carrier insures
413,000 homes in Virginia, 348,000 in Maryland and 31,000 in the
District.
The increases will be the second affecting Virginians this year.
Regulators there have already approved a 10.7 percent increase for
new customers in ...
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Article: State Farm boosts homeowner rates
Chicago Sun-Times (IL);
July 3, 2009 ;
158 words
...State Farm Fire and Casualty Co...rates an average of 13 percent in Illinois, the company...which raised rates 6 percent. State Farm also announced it is...discount from 17 to 20 percent for State Farm homeowners insurance...
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