COUNTRY Financial is lowering auto insurance rates in 11 states, with cuts ranging from 3% in North Dakota to 10% in Colorado, after the insurer recorded fewer accidents and lower claim costs. The move lands as the national average full-coverage premium has fallen 6% to $2,144, with rates dropping in 39 states during 2025.
COUNTRY Financial announced on June 1, 2026 that it is cutting auto insurance rates for clients in 11 states, citing fewer accidents and lower repair costs. The Bloomington, Illinois insurer is reducing premiums in Colorado, Georgia, Idaho, Illinois, Iowa, Minnesota, Missouri, North Dakota, Oregon, Tennessee, and Wisconsin.
Colorado drivers see the steepest cut at 10%, followed by Illinois at 8%, with Oregon and Wisconsin each dropping 7%. COUNTRY Financial serves roughly one million households and businesses across 19 states, so these reductions reach a meaningful share of its book.
- COUNTRY Financial is cutting auto rates in 11 states, effective in 2026, with Colorado leading at 10%.
- National full-coverage premiums fell 6% in 2025 to $2,144, reversing a 46% surge between 2022 and 2024.
- Improved margins drove the cuts: U.S. personal auto posted a 95.3 combined ratio in 2024, per the Insurance Information Institute.
- Tariffs on imported auto parts threaten to raise repair costs and stall the relief later in 2026.
The 11 States Getting Rate Cuts
COUNTRY Financial published the average reduction for each state. The table below pairs each cut with an illustrative annual dollar saving, calculated against the $2,144 national full-coverage average reported by Insurify, so drivers can gauge the rough scale of the relief.
| State | Average Rate Cut | Est. Annual Savings* |
|---|---|---|
| Colorado | -10% | ~$214 |
| Illinois | -8% | ~$172 |
| Oregon | -7% | ~$150 |
| Wisconsin | -7% | ~$150 |
| Georgia | -6% | ~$129 |
| Tennessee | -6% | ~$129 |
| Iowa | -5.5% | ~$118 |
| Idaho | -5% | ~$107 |
| Missouri | -5% | ~$107 |
| Minnesota | -4% | ~$86 |
| North Dakota | -3% | ~$64 |
*Estimated savings apply each state's average cut to the $2,144 national full-coverage average (Insurify, 2025 data). COUNTRY Financial states actual savings vary by driving history, vehicle type, coverage choices, and other adjustments, so individual results will differ.
Colorado residents comparing carriers can check city-level pricing on our Colorado car insurance page, while Illinois drivers, who absorb an 8% cut in COUNTRY Financial's home state, can review local rates on our Illinois car insurance page.
Why Rates Are Finally Falling
Auto premiums hinge on two numbers: how often accidents happen and how much they cost to fix. In these 11 states, COUNTRY Financial clients filed fewer claims and cheaper ones, which gave the insurer room to lower prices.
"We regularly review our claims experience to make sure our rates reflect real-world conditions. As costs come down, we look for ways to help our clients manage their expenses, especially during a time when inflation and other economic pressures continue to impact household budgets." - Kelvin Schill, Senior Vice President, Property and Casualty Operations, COUNTRY Financial
The decision mirrors a broad market reset. After auto insurance costs jumped 46% between 2022 and 2024, fueled by risky post-pandemic driving, parts inflation, and higher claim severity, carriers restored their margins and began returning savings to retain customers. U.S. personal auto insurers posted a net combined ratio of 95.3 in 2024, their strongest post-pandemic result, after losing nearly $17 billion on underwriting in 2023 alone, according to the Insurance Information Institute.
Bigger carriers set the tone. State Farm improved its auto combined ratio to 93.5 in 2025, booked a $4.6 billion auto underwriting profit, announced a $5 billion policyholder dividend, and cut rates across 40 states, as detailed in our State Farm auto insurance review. Allstate reported an 85.0 auto combined ratio, while Progressive posted $11.3 billion in net income for full-year 2025.
What This Means for Your Premium
If you hold a COUNTRY Financial auto policy in one of the 11 states, your cut applies automatically at renewal, with no form to file. A Colorado driver paying near the national average could shave roughly $214 a year, while a North Dakota policyholder sees closer to $64 off a comparable premium.
The relief is not limited to one insurer, with Florida drivers seeing an 8% drop from major carriers in 2026 as well. ValuePenguin rate-filing analysis projects Iowa, Minnesota, Missouri, and Illinois among the largest rate decreases nationally in 2026, and several of those states sit on COUNTRY Financial's cut list. Drivers in Tennessee can compare competing quotes on our Tennessee car insurance page before accepting a renewal.
The window may be narrow, though. Insurify projects the national full-coverage average will edge up about 1% in 2026 to $2,158, meaning 2026 is shaping up as a plateau rather than a continued slide.
About 6 in 10 auto replacement parts used in U.S. repair shops are imported. A 25% tariff on vehicles and parts would raise the cost of fender benders, windshield replacements, and total-loss claims, which could compress the margins carriers just restored and reverse rate cuts later in 2026.
What You Should Do Now
Falling rates reward drivers who shop, not those who stay put. Use this pricing dip to lock in a lower premium before any tariff-driven increases hit.
Confirm your renewal rate
Log into your insurer's portal or call your agent to see your current premium and renewal date, then check whether a 2026 cut has already been applied.
Get at least three quotes
Compare COUNTRY Financial against State Farm, GEICO, and a regional carrier, since cuts vary widely by company and a 10% reduction at one insurer may still trail a competitor's base rate.
Enroll in telematics
Ask about usage-based programs such as COUNTRY Financial's Driver IQ, which rewards safe driving and can stack additional savings on top of the state rate cut.
Raise your deductible if you can absorb it
Moving from a $500 to a $1,000 collision deductible can trim 10% or more off the physical-damage portion of your premium, layering onto the new lower base rate.
Want to see how your state stacks up against the other 49? Compare averages on our car insurance by state hub before you renew.
Looking Ahead
COUNTRY Financial signaled that additional rate reductions in other states may follow later in 2026 as its claims reviews continue. The bigger question is whether tariffs on imported parts push repair costs high enough to halt the industry-wide easing before more drivers benefit.
For now, the 39 states that saw rate drops in 2025 mark the most consumer-friendly auto market in three years. Watch your renewal notice, and treat any cut as a starting point for shopping rather than a reason to stop.
Frequently Asked Questions
COUNTRY Financial is cutting auto rates in Colorado, Georgia, Idaho, Illinois, Iowa, Minnesota, Missouri, North Dakota, Oregon, Tennessee, and Wisconsin. Colorado leads at 10%, followed by Illinois at 8%, with Oregon and Wisconsin at 7%.
No action is required. If you hold a COUNTRY Financial auto policy in one of the 11 states, the average reduction applies automatically at your next renewal. Your actual savings depend on your driving history, vehicle, and coverage choices.
Fewer accidents and lower repair costs improved insurer profitability. U.S. personal auto posted a 95.3 combined ratio in 2024, its best post-pandemic result, which let carriers cut rates after a 46% premium surge between 2022 and 2024. The national full-coverage average fell 6% to $2,144 in 2025.
Yes. About 6 in 10 auto replacement parts are imported, so a 25% tariff on vehicles and parts could raise repair costs and reverse some cuts. Insurify already projects the national average will edge up roughly 1% in 2026 to $2,158.
- COUNTRY Financial Newsroom - Auto Insurance Rate Reductions in 11 States (June 1, 2026)
- Insurance Business - COUNTRY Financial Cuts Auto Rates in 11 States as Claims Trends Improve
- Insurify - Car Insurance Prices Tumbled 6% in 2025, Affordability Gap Projected for 2026
- Insurance Information Institute - U.S. Personal Auto Combined Ratio Data
- Insurance Journal - Average Auto Insurance Cost to Stabilize in 2026, Says Insurify