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State Farm seeks 22% home insurance rate hike
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,
State Farm seeks 22% home insurance rate hike after California wildfires
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, which has operated in California for nearly a century,
Will Southern California's wildfires drive up Arizona homeowners insurance rates?
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs skyrocketed more than 62%.
Indianz
38m
Native America Calling: Rising home insurance rates put more Native Americans at risk
Native people already have the highest uninsured rate among homeowners. Changes in the industry could make it even worse.
13d
Asheville homeowners' insurance rate to increase 9%; 'Difficult to speculate' on Helene's impact
The North Carolina Department of Insurance has announced that Buncombe and Henderson counties will see substantially lower ...
Forbes
8d
Flood Insurance: What It Is And What It Covers
homeowners
and renters can receive up to $100,000 to repair personal property (such as furniture) or replace it. You’re expected to pay the loan back, although they have low interest
rates
and ...
9h
California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
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