CAlifornia Announces State Farm’s Request for a 10.6 % Reduction in Rates – 1.2 Million California Homeowners and Renters Will Benefit: "Insurance Commissioner John Garamendi today announced that State Farm Insurance has requested a 10.6% reduction in homeowners’ insurance rates, amounting to $123 million in savings for 1.2 million California homeowners and renters. The average policyholder would save $103 annually. "
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