04/06/2020
As a mutual insurance company, we make decisions based upon what is in the best, long-term interests of our policyholders, taken as a whole. The impact COVID-19 and the nations response to this crisis is without modern precedent. An obvious impact government restrictions are having on our collective driving habits. With schools, and businesses closed, and orders to shelter in our homes proliferating, we know our auto insurance policyholders are driving much less than anticipated. We are closely monitoring our automobile insurance loss trends and are considering how best to take this in to account, and return value to our automobile insurance policyholders. We expect a decision in this regard by the end of the week. Thank you for your continued trust in State Farm.