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State Farm proposes home insurance price hike
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after premiums were kept artificially low.
State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA
State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA - Climate-fueled wildfires have led many insurers to pull out of the Golden State in recent years
State Farm Requests Emergency Interim Fire Insurance Rate Increase
Insurance giant State Farm is requesting that the California Insurance Commissioner allow a rate hike in response to the recent destructive wildfires in Los Angeles.
1d
on MSN
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
24m
Wildfires affecting insurance rates and coverage
State Farm is raising insurance rates by up to 22% for residents in California due to the destructive wildfires. With similar ...
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