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State Farm asks for 22% insurance rate hike
State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires
The company is seeking rate increases of up to 22% for non-tenant homeowners, 15% for renters and condominium owners, and up to 38% for rental dwellings. Non-tenant homeowners are investors who don’t live in the property they own.
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 requests rate increase in California
Following the destructive wildfires in California, State Farm, the state's largest private insurer, is seeking approval from the California Department of Insurance for significant rate hikes averaging 22% for homeowners.
2h
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
2h
on MSN
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
1d
on MSN
‘Pineapple Express’ storm arrives in Southern California with even more rain expected next week
Forecasters say 'Pineapple Express' storm will probably be beneficial for Los Angeles and Ventura counties, helping to reduce ...
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