State Farm Loses Over $14 Billion!

Available in Virginia, Michigan, Indiana, New York, and Ohio

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DISCLAIMER:
Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.

This video and description contain affiliate links, which means that if you click on one of the product links, I will receive a small commission. This helps support the channel and allows me to continue to make videos like this. Thank you for the support! Car insurance advice, car insurance, auto insurance, home insurance, homeowner’s insurance

[MikeM-vxhf]

State Farm should stop with all the celebrity advertising which is worthless and costing them big $.

[charlesrary]

It's kind of funny - in the past 2 days I've randomly received 2 calls from 2 different State Farm agents trying to get me to let them quote me. I haven't been shopping or anything recently - these came out of the blue. They were about 10% higher than my current Progressive policy last time I quoted with them, so it's not really enough to motivate me to switch mid policy.

[ocnier]

Disney lost 20 billion, who goes broke first?

[NerdsWorldNYC]

If they didn't bring Arnold (get to the choppa) in their superbowl commercial they wouldn't be in this mess.

And I have them, and they just added $20.00 to my full coverage on a 2006 paid of Jeep Wrangler 🙄

[kennethchege]

Thank you for this video, I have learned a lot through your videos.

[flightgearHD]

Since Oct of 2020, they have increased my full coverage premium 233%. Went to another company that is 40% cheaper with quadruple the coverages for EVERYTHING. Statefarm priced me out, and the biggest thing I disliked is 100% of your problems, other than claims, are dealt with your "agent". Statefarm agents are lazy and pass majority of the work to their low paid employee. It took 2 months to cancel my policy and almost another month to get the correct amount I was owed in return. Never again! Maybe if they cut spending on their advertisments, that would assist them in their $14 billion loss.

[floydestelle]

I think it's a Geography issues. Golf coast states, and both East and West coast. These are high risk areas and actual real home insurance lost.

[glynnjohnson]

I have no love for State Farm. They’re one of the highest ut there!

[andrewkucera]

In ohio they just raised my car monthly premiums 24%.

[bcowboy]

As an Allstate agent, I'm happy that State Farm is finally raising its rates.

[greenmachine]

This guy is giving way too much credit to statefarm as being a good guy. Not directly saying it but that's definitely the vibe I get from thus short video