State Farm is dropping auto insurance rates by an average of 10%, matching its cut of a year ago. Combined, the two cuts will lower insurance premiums in Florida by more than $1 billion for private ...

Also, customers of the state’s five largest auto insurers, which make up 78% of the market, are going to see their auto premiums drop by an average of 6.5%, some by as much as 11.5%, in 2025, ...