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A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that rate hike even higher to 30%.
State Farm, one of the largest insurers in California, announced Wednesday that it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area last week ...
As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner’s insurance after State Farm ... policies were not renewed by ...
Since May 2023, State Farm has not been writing any new homeowners policies in the state, as wildfire risk and increasing construction costs have led the company’s liabilities to balloon.
"We moved here from Pleasanton and we had State Farm there for many years," he said. "When we purchased this house, we thought we would just roll over the policy from there to cover this home.
California's top insurance regulator said Tuesday that State ... more policies in high-risk areas. Those rules kick in this year. State Farm initially asked for a 22% rate increase for homeowners ...
The company confirmed to CBS 8 that some customers may be able to keep their State Farm homeowners insurance as a companion policy to the California FAIR Plan. Starting July 3, State Farm will ...
May 13, 2025 State Farm will be allowed to temporarily charge an extra 17 percent for homeowners’ insurance policies in California, after the state gave the company permission, in the wake of ...
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State Farm canceled California homeowners’ insurance policies months before wildfiresState Farm canceled hundreds of homeowners’ insurance policies for residents in many of the same areas now in the path of the Southern California wildfires. The insurance company’s reasoning ...
California Approves State Farm's Request for 17% Premium ... that could force them to drop more California policies. The state's largest home insurer said it was already struggling financially ...
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