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State Farm Mutual Automobile Insurance Company is the parent company of several wholly owned State Farm subsidiaries: [2] State Farm Fire and Casualty Company; State Farm Life Insurance Company; State Farm Life and Accident Assurance Company (NY/CT/WI) State Farm County Mutual Insurance Company of Texas (TX auto)
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
State Farm announced it would end coverage for 72,000 homes and apartments in the state earlier this year. ... A State Farm Insurance sign on a destroyed building during the Eaton Fire in Altadena ...
A sales manager and secretary completed the four-employee team. On March 28, 1928, the first meeting of the board of governors was convened. [5] Two days later, Charles Brisco insured his 1925 Cadillac Phaeton and became the first Farmers customer. [7] 1935. Truck Insurance Exchange, a new reciprocal insurer, was launched to specialize in truck ...
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State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...