Effective November 21st, State Farm Mutual Automobile Insurance Company will introduce lower rates to state residents. This is a notable move on behalf of State Farm, especially since the company is the largest insurer of automobiles in Alabama, as well as the rest of the nation.
The proposed cuts will save 2% off of the overall rate, with estimated annual savings in Alabama at $10.2 million. With this reduction, the rates will be almost 16% lower than they were 7 years ago.
The Birmingham movers want to see you maximize your income. Be sure to reach out to State Farm, or whoever your insurance carrier is, and ask about reducing rates and competitive offers.