State Farm, the largest auto insurer in Mississippi and in the nation, will cut its rates in Mississippi.
The overall personal auto rate will drop by 3 percent for a total of about $13.5 million statewide, the company said.
People can contact Corinth State Farm Agent Scott Sawyer for more info at 662-287-8077.
Premium changes for individual motorists will vary depending on specific policies, and the effective date is Monday.
“The company’s current financial strength is allowing us to pass along a rate reduction to our Mississippi customers,” said State Farm Senior Vice President Dan Krause. “We continually evaluate how we can best serve our customers and are very pleased to be able to offer this rate decrease in Mississippi.”