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State Farm trimming home insurance rates in Kansas

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State Farm trimming home insurance rates in Kansas

State Farm Mutual Automobile Insurance Co. is reducing its homeowners insurance rates by an average of 2.2% in Kansas.

The rate decrease is effective Aug. 15 for new business and Oct. 1 for renewals. The reduction is expected to affect nearly 200,000 policyholders.

The expected savings for customers is approximately $5.1 million.