FOX 13 Tampa Bay on MSN
State Farm files for 10% auto insurance rate cut in Florida
State Farm, one of Florida’s largest auto insurers, has filed to lower auto insurance rates by 10% for drivers across the ...
Florida Gov. Ron DeSantis on Wednesday said Progressive plans to return nearly $1 billion in excess premiums to its auto ...
On the heels of industry reports showing that Progressive posted more profits than Florida law allows, DeSantis and Insurance ...
State Farm announced Thursday that its latest price drop will reduce costs by more than 20% on average since October 2024.
Progressive’s auto insurance division recently announced that it will begin paying back about $950 million in excess profits ...
State Farm has filed for its fourth auto insurance rate reduction in Florida within a year, lowering average personal ...
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
Also, customers of the state’s five largest auto insurers, which make up 78% of the market, are going to see their auto premiums drop by an average of 6.5%, some by as much as 11.5%, in 2025, ...
MySuncoast.com on MSN
Florida auto insurance rates drop as Progressive announces billion-dollar rebate
The governor noted that auto insurance was the top consumer inflation driver nationwide in 2024, with average increases of 20 ...
State Farm and other insurers cite Florida’s stabilizing market and lower litigation costs as auto insurance rate cuts ...
This move comes as Florida residents’ insurance costs for both auto and home have been, and still are, among the highest in the country. However, DeSantis said insurance rates are dropping or at least ...
The insurer, one of Florida’s largest auto insurers, filed for 10% rate cuts a week after state insurance regulators warned ...
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