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Farmers Files for Lower Auto Rates for Colorado Customers

DENVER--March 7, 2005--Farmers Insurance Group of Companies announced today it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers' customers in Colorado will see a rate decrease that will average 3.2% percent. Actual savings may be as high as 20% and will vary depending on the customer's location.

In addition to the proposed rate decrease, Farmers has also decided to increase the Auto/Home Discount from 10% to 12% and the Auto/Home/Life Discount is increasing from 13% to 17%.

"This gives us one of the highest home/auto discounts in the industry," said Rion Groves, Farmers' Colorado State Executive Director. "We want our multi-policy households to receive the benefits of allowing Farmers Insurance to meet all of their insurance needs," added Groves.

Farmers insures over 470,000 autos in Colorado and is the state's 2nd largest auto insurer.

Farmers Insurance Group of Companies(R) is the nation's third-largest Personal Lines Property & Casualty insurance group. Headquartered in Los Angeles and doing business in 41 states, the insurers comprising the Farmers Insurance Group of Companies provide Homeowners, Auto, Business, Life insurance and financial services to more than 10 million households through 17,000 exclusive and independent agents and district managers. Google below for more information about Farmers