State Farm Overcharges Homeowners

Leaping lizards batman…that’s a huge refund.

According to a recent Dallas Morning News article State Farm will issue $352 MILLION in refunds to customers for overcharging them on their homeowner’s insurance.  The refunds aren’t coming without a fight.  This has been an ongoing court battle for over 12 years.  To read the entire article visit: http://www.dallasnews.com/news/state/headlines/20150227-state-farm-to-refund-352-million-to-texas-customers.ece

Guess who will be paying for those refunds?  State Farm’s current clients will most likely be the ones absorbing the cost of refunds.  Be sure to read some of the comments at the end of the above linked article.