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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,
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
5h
on MSN
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 ...
11h
on MSN
Find out the average price of home insurance in your county, and how much it increased since 2022
How does your average homeowner insurance cost compare to your county’s average? How much does your county’s average cost ...
13d
on MSN
Allstate to raise Illinois homeowners insurance rates by 14.3%
In its filing, Northbrook-based Allstate said nearly 248,000 customers in Illinois will be affected by the 14.3% homeowners rate increase next month.
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