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State Farm® Mutual Automobile Insurance Company Auto Rate Cut for New Hampshire Customers

Rate Change to Affect Approximately 130,000 Policyholders

State Farm Mutual Automobile Insurance Company, the largest auto insurer in the nation, cut its rates in New Hampshire. As a result, its overall personal auto rate dropped by 2.7%. The total state-wide expected impact for State Farm Mutual by this rate decrease in New Hampshire will be approximately $2.9 million.

“The company’s current financial strength is allowing us to pass along a rate reduction to our New Hampshire customers," said State Farm Senior Vice President Chris Schell. We continually evaluate how we can best serve our customers and are very pleased to be able to offer this rate decrease in New Hampshire”.

Overall changes in premiums for individual motorists will vary depending on the specific details of an individual customer’s policy and chosen coverages. The effective date for new and renewal business was May 14, 2018. New Hampshire customers with questions can contact their local State Farm agent to discuss their individual situation.

In addition to this rate reduction, State Farm agents are able to review with new and existing customers the many opportunities for additional discounts that may apply to an individual’s unique circumstances. A rate decrease combined with discounts offers an exceptional long-term value to State Farm customers.


About State Farm:

The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its nearly 19,000 agents and approximately 58,000 employees serve approximately 83 million policies and accounts – approximately 81 million auto, fire, life, health and commercial policies and approximately 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 36 on the 2019 Fortune 500 list of largest companies. For more information, please visit