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State Farm insures 50,000 automobiles in Midland. A large thunderstorm strikes the area and 28,000 cars are damaged by the storm. What is the likely

State Farm insures 50,000 automobiles in Midland. A large thunderstorm strikes the area and 28,000 cars are damaged by the storm. What is the likely effect this storm will have on premiums for State Farm customers in Midland? Premiums will increase Premiums will stay the same Premiums will decrease New customers will save 15% or more by switching

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