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Does anyone know, did State Farm just have a 13% rate increase nation wide?
Thank you .........
Thank you .........
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I would have thought it would be individual states also but my agent here in Florida says it was a nationwide increase. I asked them how that could be and they had no answer.
My guess is that it was an average of 13% nationwide, varying a bit by State / County / Zip code.
It also would vary on implementation time.
Agents probably know this because of one of the many oh-ra-ra videos that captive carriers like to send out. You know, the ones that tell the agents how great the rate increase will be.
Dan
I imagine there are many knowledgeable State Farm agents out there, I just haven't met one yet. And I have met a LOT of State Farm agents, my dad used to be one.