Department of Insurance announces $160 million in savings with homeowner insurance rate reductions – San Francisco

SAN FRANCISCO, CA – February 7, 2013 – (RealEstateRama) — Insurance Commissioner Dave Jones today announced an average of 8.5 percent insurance rate reduction for San Francisco area homeowners insured with State Farm General Insurance Company. The reduction will result in an average annual savings of $100 for homeowners statewide.