State Farm Mutual Insurance Co. is cutting its Texas auto insurance rates for the fourth consecutive time in a year, the insurer said.
on Feb. 18, the overall personal auto rate will drop by 4.3 percent for 2.9 million State Farm Mutual auto customers. The total savings are more than $136 million.
This will be the fourth time since January 2018 State Farm has lowered auto rates totaling more than 12 percent.
Overall changes in premiums will vary depending on the specific details of a customer’s policy and coverage. Texas customers with questions can contact their local State Farm agent to discuss their individual situation including opportunities for discounts that may apply for their unique circumstances.
Source: State Farm
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