Drivers in the state of Texas are facing a double-whammy: gas prices are higher than they’ve been in years, and, now, auto insurance rates have increased as well.

Earlier today, the state’s biggest automobile insurance provider–State Farm Mutual–announced to Texas Department of Insurance that it intends to raise rates by a mean of 2.4% throughout Texas. This change, scheduled to take effect at the end of October, 2008, will affect approximately 2 million State Farm-insured drivers.