State Farm will not raise rates any higher for California homeowners, but renters will see a small bump. Owners of condominiums and rental homes, meanwhile, will get refunds.
As State Farm’s financial condition improves, policyholders will get a one-time, 2.5% premium discount when they renew.
The agreement sent to a judge late Friday cements a $530 million emergency hike in home insurance rates Insurance ...
6:30 P.M. WELL, TWO OF CALIFORNIA’S HOME INSURERS ARE RAISING THEIR RATES THIS YEAR. THE RATE HIKES ARE PART OF THE INSURANCE DEPARTMENT’S YEAR OLD SUSTAINABLE INSURANCE STRATEGY. THIS IS A SET OF ...
Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap on the number of new homeowner polices it writes each month in the state.
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