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State Farm cuts auto rates by $2.2 billion as Americans continue to stay home during the COVID-19 pandemic

State Farm cuts auto rates by $2.2 billion as Americans
continue to stay home during the COVID-19 pandemic 1

“There is no question that right now, and for the foreseeable future, auto insurance rates are excessive and consumers should be paying less,” Heller said. “Our driving has changed dramatically, and it will not snap back to pre-pandemic levels anytime soon, if ever.”

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