Cracking the State Farm Rate increase code
With 25 operations centers in 13 zones, nowadays State Farm employs 79,200 people, including 16,700 and agents. State Farm actively providers 71.6 million insurance policies in the USA and Canada.
Many awards have been obtained by State Farm for their equivalent opportunity employing techniques, and also for the number of jobs the company has produced.
State Farm strives to return to the community, engaging in many programs to additional education and safety, including awarding grants and scholarships.
The largest homeowners property insurance company in Florida, State Farm, was just granted a large increase in premium rates for Homeowners.
The 18.8% AVERAGE increase looms larger for most of the policyholders, as the HO-3 (Homeowners policy) was actually granted a 27.9 rate increase that will effect over 550,000 policyholders.
These rates are effective June 1 for new business and July 15 for any renewals.
If you are one of the ‘lucky’ ones to receive a notice from State Farm with these rate increases, RUN, don’t walk to your nearest telephone and give me a call on my cell 954-695-9807.
The ‘unlucky’ ones are the many former State Farm customers who were shocked to find a letter of non-renewal in their mailbox.
I probably talk to 5 or 6 people each week who fit into one of these 2 categories.
As an Independent Agency, Triton Insurance has a whole host of insurance companies to get rates from and to place your homeowners policy with.