State Farm Mutual Automobile Insurance Company
PO Box 2358
Bloomington IL 61702-2358
MARRERO SALGADO, LIOSBEL
A-27A1 A AUTO RENEWAL
5548 INDIAN OAKS CIR
LOUISVILLE KY 40219-1102 PREMIUM PAID: $803.49
DO NOT PAY.
Your premium is billed through the State Farm Payment Plan
State Farm Payment Plan Number: 1540301311
Your State Farm Agent
LOVEWELL INSURANCE AGENCY INC
Policy Number: 455 6732-F21-17A Office: 502-937-4115
Policy Period: June 21, 2025 to December 21, 2025
Address: 9804 3RD STREET RD
Vehicle: LOUISVILLE, KY 40272-2802
2008 SATURN VUE If you have a new or different car, have added any drivers, or have moved,
please contact your agent.
Principal Driver:
LIOSBEL MARRERO SALGADO Thank you for choosing State Farm.
When you provide a check as payment, you authorize us transfer, funds may be withdrawn from your account as soon
either to use information from your check to make a as the same day we receive your payment, and you will not
one-time electronic fund transfer from your account or to receive your check back from your financial institution.
process the payment as a check transaction. When we use
information from your check to make an electronic fund
Policy Number: 455 6732-F21-17A Page number 1 of 6
Prepared April 30, 2025
1004586 143601 201 11-01-2015
Drive Safe & Save™ puts you in
the driver's seat of your discount.
Get a discount just for enrolling. From there,
how you drive determines how much you save.
If you haven't already, download the app
and enroll. Text SAVEMORE to 42407;
contact your agent, LOVEWELL
INSURANCE AGENCY INC , at
502-937-4115; or scan this QR code.
Discounts may exceed 30% and vary state-to-state (NY capped at
30%). Not available in CA, MA, RI. A discount may not be available in NC
depending on individual facts and circumstances. Setup required.
TP41
VEHICLE INFORMATION
Review your policy information carefully. If anything is incorrect, or if there are any changes to your vehicle information, please
let us know right away.
How is this vehicle normally used?
Vehicle Identification National average: 12,000 miles driven
Vehicle Description Number (VIN) Who principally drives this vehicle? annually per vehicle
2008 SATURN VUE 3GSDL63748S701217 LIOSBEL MARRERO SALGADO, a married To Work, School or Pleasure. Driven over
male, who will be age 43 as of June 21, 7,500 miles annually.
2025.
Other Household Vehicle(s)
Your premium may be influenced by other State Farm
policies that currently insure the following vehicle(s)
in your household:
2016 DODGE DART
With Drive Safe & Save ®, mileage information and drivi ng model. In addition, we review the comprehensive, collision,
characteristics are used to determine your discount. Your bodily injury and property damage claim experience
calculated annual mileage is 7,600. annually to determine which makes and models have
Premium Adjustment earned decreases or increases from State Farm's standard
Each year, we review our medical payments and personal rates. If any changes result from our reviews, adjustments
injury protection coverages claim experience to determine are reflected in the rates shown on this renewal notice.
the vehicle safety discount that is applied to each make and
DRIVER INFORMATION
Assigned Driver(s)
The following driver(s) are assigned to the vehicle(s) on this policy.
Age as of Marital
Name June 21, 2025 Gender Status
LIOSBEL MARRERO SALGADO 43 Male Married
Other Household Driver(s)
In addition to the Principal Driver(s) and Assigned
Driver(s), your premium may be influenced by the
drivers shown below and other individuals permitted to
drive your vehicle. This list does not extend or expand
coverage beyond that contained in this automobile
policy. The drivers listed below are the drivers reported
to us that most frequently drive other vehicles in your
household.
AYMARA BERMUDEZ BATISTA
Policy Number: 455 6732-F21-17A Page number 2 of 6
Prepared April 30, 2025
Principal Driver & Assigned Drivers premium may be influenced by the information shown for
For each automobile, the Principal Driver is the individual these drivers.
who most frequently drives it.
Each driver is designated as an Assigned Driver on the
household automobile that they most frequently drive. Your
IMPORTANT NOTICE REGARDING YOUR PREMIUM
State Farm works hard to offer you the best combination of You have the right to request, no more than once during a
price, service, and protection. The amount you pay for 12-month period, that your policy be re-rated using a current
automobile insurance is determined by many factors such credit-based insurance score. Re-rating could result in a
as the coverages you have, where you live, the kind of car lower rate, no change in rate, or a higher rate.
you drive, how your car is used, who drives the car, and
information from consumer reports.
COVERAGE AND LIMITS See your policy for an explanation of these coverages.
A Liability
Bodily Injury 50,000/100,000
Property Damage 50,000 $583.32
P10 No-Fault 10,000 $134.76
H Emergency Road Service $6.09
U Uninsured Motor Vehicle
Bodily Injury 25,000/50,000 $22.91
$747.08
Plus Kentucky Municipal Tax/Collection Fee
JEFFERSON Co. $42.96
Plus KY Surcharge $13.45
Total Premium $803.49
If you have the following coverages, the rates are based on If any coverage you carry is changed to give broader
2 licensed drivers who are resident relatives in the protection with no additional premium charge, we will give
household: Uninsured Motor Vehicle Coverage, you the broader protection without issuing a new policy,
Underinsured Motor Vehicle Coverage, No-Fault Coverage starting on the date we adopt the broader protection.
in excess of $10,000.
DISCOUNTS These adjustments have already been applied to your premium.
Multiple Line P
Multicar P
Vehicle Safety P
Good Driving P
Drive Safe & Save® P
Total Discounts $437.50
Policy Number: 455 6732-F21-17A Page number 3 of 6
Prepared April 30, 2025
SURCHARGES AND DISCOUNTS
AUTOMOBILE RATING PLAN - Applies to private property damage liability and collision coverages for an
passenger cars only. at-fault accident.
Accident-Free Discount – Once your policy has been in Surcharges – If there are chargeable accidents, you may
force for at least three years with no chargeable accidents, lose your Good Driving Discount or Accident-Free Discount
you may qualify for our Accident-Free Discount. Once you and receive accident surcharges. But if the accident is the
qualify, this discount applies as long as there are no first to become chargeable in nine years and this policy has
chargeable accidents, and may even increase over time. been in force for at least that long, the Accident-Free
Good Driving Discount - Newer policyholders who do not Discount will continue and no surcharge will apply. The
yet qualify for our Accident-Free Discount (available after surcharge for each accident depends upon the number and
three years with no chargeable accidents) may already be timing of the accidents, and each accident surcharge will
receiving a Good Driving Discount. This discount continues remain in effect up to three years.
to apply until your policy qualifies for the Accident-Free Surcharges will be removed if the company is given
Discount as long as there are no chargeable accidents and satisfactory evidence that the driver involved is no longer a
no new drivers. If you add new drivers, they must also member of the household or will not be driving the car in the
qualify in order for your Good Driving Discount to continue. future. If that driver is insured on another State Farm policy,
Chargeable Accidents - For new business rating, an his or her driving record will be considered in the rating of
accident is chargeable if it results in $750 or more of the other policy.
damage to any property. For renewal business, an accident These discounts and surcharges do not apply to all
is chargeable as of the date State Farm pays at least $750 coverages. For complete details, see your State Farm agent.
(for accidents occurring on or after April 1, 1999) under
ADDITIONAL INFORMATION
If any information on this renewal notice is incomplete or information regarding discounts or coverages, see your
inaccurate, or if you want to confirm the information we have State Farm agent or visit [Link]®.
in our records, please contact your agent. For additional
Buying a new car? Remember to contact your agent!
When you buy an additional car or one that replaces a car already on your policy, you need to report the change to your agent
promptly. Even though the dealership you purchased the car from may offer to notify your agent or insurance company, you, as
the named insured, are responsible for reporting all changes to your auto policy. By contacting your agent, you can help:
• avoid any complications or lack of coverage in the event of an accident or loss,
• avoid insurance verification problems with a lienholder, the police, or the department of motor vehicles, and
• ensure that you receive any new discounts you may be entitled to.
Your current State Farm policy automatically provides certain coverages for a new or replacement car for up to a specified, limited
number of days after you take possession of the car. Please refer to your policy for the number of days that applies in your state.
If you have any questions about coverage for a newly acquired car, please contact your State Farm agent.
Disclaimer: This message is provided for informational purposes only and does not grant any insurance coverage. The terms and
conditions of coverage are set forth in your State Farm Car Policy booklet, the most recently issued Declarations Page, and any
applicable endorsements.
Important notice regarding coverage choices
If there are multiple cars in your household insured by us, you have important coverage choices to make that will affect the amount
of coverage available to you and how much you pay for:
• Uninsured Motor Vehicle Coverage,
• Underinsured Motor Vehicle Coverage, and
• The portion of No-Fault Coverage in excess of $10,000.
(continued on next page)
Policy Number: 455 6732-F21-17A Page number 4 of 6
Prepared April 30, 2025
You can purchase these coverages on just one policy in your household or on more than one policy. If you buy these coverages
on just one policy, coverage limits from the one policy apply to all cars owned by resident family members.
If you buy these coverages on more than one policy, coverage limits from each resident family member's policy can be added
together. The premiums for Uninsured Motor Vehicle Coverage, Underinsured Motor Vehicle Coverage, and the portion of
No-Fault Coverage in excess of $10,000 are based on the number of drivers in your household who are family members.
Be sure to review your coverage limits to make sure you have adequate protection. For the coverages listed above, additional
coverage may be available for purchase. Coverage changes to any policy will affect the coverage available to the household. The
coverage available to the household members can also be affected when cars or drivers leave the household. If you have any
questions, contact your State Farm® agent.
Policy Number: 455 6732-F21-17A Page number 5 of 6
Prepared April 30, 2025
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Statement of Condition (In Millions of Dollars)
Assets 2024 2023
2024 ANNUAL REPORT Cash and Short Term Investments
Bonds
$ 1,957
68,694
$ 2,100
58,861
TO STATE FARM® MUTUAL POLICYHOLDERS Unaffiliated Common & Preferred Stocks 91,196 85,789
Equity in Insurance Subsidiaries 53,867 51,903
In 2024, State Farm grew across multiple lines of business, Other Assets 24,176 22,135
adding over 1 million policies and accounts. The State Farm Total Assets $239,889 $220,788
group of companies is the leading personal Auto and Home
Liabilities
insurer in the United States. While we experienced significant Claims and Claim Expenses $ 55,048 $ 50,319
catastrophe activity in 2024, our operating results improved Unearned Premiums 19,496 17,179
compared to 2023. Other Liabilities 20,155 18,538
State Farm Mutual Automobile Insurance Company is Surplus
financially strong. The A.M. Best Co., which provides an Funds for Protection of State Farm
independent opinion of an insurance company’s ability to Mutual Policyholders, including the
meet obligations to policyholders, continues to give State Farm Investment Fluctuation Reserve $ 88,181 $ 79,740
Mutual its highest rating (A++). Funds Assigned for Protection of
Our focus is on helping customers manage risk, recover Customers of Subsidiaries 53,866 51,872
Special Surplus Segregation
from the unexpected and realize their dreams. We know rising from Retroactive Reinsurance 1 0
costs are a concern and you have choices when it comes Funds Assigned for Catastrophe
to insurance. As a Mutual Company, we’re here to provide Reinsurance Assumed from Affiliates 3,142 3,140
options, meet multiple needs, make it easy for you to interact Total Liabilities and Surplus $239,889 $220,788
with us, and offer a price as low as possible. Summary of Operating Data (In Millions of Dollars)
Together with State Farm employees and independent 2024 2023
contractor agents, we are good neighbors committed to giving Premium Earned $ 69,038 $ 57,187
back by doing our part to build and support stronger, safer Less: Dollars for Claims 50,853 48,437
Expenses for Paying Claims 6,491 6,336
and better educated communities. Service and Administrative Fees 13,817 12,219
Thank you for choosing State Farm. Our goal is to continue Underwriting Gain or (Loss) (2,123) (9,805)
making a meaningful difference in the lives of our customers Plus: Investment Gain1 and Other Income 6,431 4,558
for decades to come. It’s a privilege to serve you. Income before Dividends and Taxes 4,308 (5,247)
Less: Dividends to Policyholders 0 0
Income Taxes Incurred (Recoverable) (553) ( 512)
Net Income $ 4,861 $ (4,735)
Jon C. Farney
President & Chief Executive Officer
1
Investment Gain is reported net of capital gains tax.
An independent public accounting firm audited the Company’s financial statements.
Notice of Annual Meeting
Board of Directors
The annual meeting of State Farm Mutual Automobile Insurance Dan E. Arvizu – Former Chancellor, New Mexico State University System
Company is held each year at 10 a.m. on the second Monday Keith Block – Chief Executive Officer and Founder, Smithpoint Capital
of June at the Company’s Corporate Headquarters, One State Charles K. Bobrinskoy – Vice Chairman & Head of Investment Group,
Farm Plaza, Bloomington, Illinois. All members may attend the Ariel Investments
Jon C. Farney – President & Chief Executive Officer, State Farm Mutual
annual meeting, and the first named insured has a right to vote Automobile Insurance Company
by proxy or in person. You may receive a proxy by writing to Kate Gebo – Executive Vice President, Human Resources and Labor
Customer Service, One State Farm Plaza, Bloomington, Illinois Relations, United Airlines
61710. Please include your State Farm Mutual Automobile Caroline S. Grace – President and Chief Executive Officer, AMN Healthcare
Services, Inc.
Insurance Company policy number in your request. A return James Hackett – Former President and CEO, Ford Motor Company
envelope will be provided for your convenience and proxies W. H. Knight, Jr. – Former Professor of Law & Distinguished Academic in
must be on file with the Corporate Secretary 20 days before the Residence, Seattle University School of Law
annual meeting. Please visit [Link]® for any changes to Vicki A. O'Meara – Strategic Advisor and Former Chairman, AdSwerve
Gary L. Perlin – Former Chief Financial Officer, Capital One Financial Corp.
the annual meeting location, date or time. Steven C. Williams – Chief Executive Officer, PepsiCo Foods North America
Kenneth J. Worzel – Chief Customer Officer, Nordstrom, Inc.
State Farm Mutual Automobile Insurance Company
Bloomington, IL
153-9000.59 153-9000.59