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State Farm General Insurance Company announced in March that it plans to non-renew about 30,000 property insurance and 42,000 commercial apartment policies in California. Recent filings with the ...
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires.
State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the state ...
Starting in June, State Farm will raise premiums by 17% for homeowners. If this latest request is granted, the company could push that figure as high as 30% by the year 2026.Condo owners and ...