Category: homeowners rates

STATE FARM Florida can eliminate or reduce discounts per Office of Insurance Regulation

STATEWIDE – State Farm Florida can eliminate or reduce some discounts it offers policyholders, state regulators announced Thursday, increasing premiums for homeowners as much as 28.4 percent. The decision by the Office of Insurance Regulation will bring in $278 million in additional premiums for the company after all policies come up for renewals starting Dec….