Farmers Direct Asks for 20% Auto Rate Increase in West Virginia

The West Virginia Insurance policy Commissioner’s Business office is accepting reviews on a proposed 19.9% vehicle liability insurance plan fee enhance for Farmers Immediate Home and Casualty Insurance plan Co.

The proposed boost is a person of the most recent in car insurance rate hikes throughout the region. Insurers have stated inflation, car thefts and a rise in mishaps, statements severity and fraud have contributed to the want for increased rates.

The Farmers Direct increase would have an impact on about 1,489 policyholders. Responses can be mailed to the West Virginia Business of Insurance coverage Commissioner, P.O. Box 50540, Charleston, WV 25305-0540.

Responses will be approved until finally Jan. 16, the place of work said in a bulletin.

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West Virginia

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