Oklahomans will be paying higher insurance rates


Friday, November 30th 2001, 12:00 am
By: News On 6


Many Oklahomans are going to pay higher insurance rates on their homes soon. Particularly those who have Allstate Insurance.

Allstate has been given the go-ahead to raise Oklahoma home insurance rates 30%. Allstate had asked for a 49% increase. The state also recently approved rate hikes for State Farm, and Farmers Insurance.

State Farm got a 15% increase, and Farmers a two-step rate hike of nearly 20%.