Insurance giant State Farm is cutting home insurance rates in the state of Kansas by an average of 2.2%, the firm announced today. The insurer hopes these rate reductions will save its Kansas home insurance policy holders – of which there are nearly 200,000 - a total of approximately $5.1 million. The rate decrease is effective August 15 for new business and October 1 for renewals.
“At State Farm, we’re committed to offering customers the highest quality products and services at competitive prices,” said Phillip Hawkins, State Farm senior vice president. “This homeowners rate reduction in Kansas is a result of improved trends and positions us to deliver on our mission to help more people in more ways.”
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.