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State Farm asks for 22% insurance rate hike
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial challenges.
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%.
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
Indianz
18h
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.
USA Today
13d
Asheville homeowners' insurance rate to increase 9%; 'Difficult to speculate' on Helene's impact
Homeowners
in Western North Carolina are expected to see a lower-than-expected base
homeowners
'
insurance
rate
...
Forbes
9d
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 ...
1d
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 ...
1d
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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California
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Los Angeles fire
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