While insurance affordability is an increasingly urgent issue nationwide, California homeowners continue to report relatively modest average costs compared to many other states. Data from the U.S.
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
California home insurance rates will rise over 20% this year—more than double the national average, according to a new report. Analyzing costs in each state and looking at historical pricing and ...
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.
Farmers Insurance eliminated the cap on the number of homeowners insurance policies it offers in California, marking a significant step for a state that has been working to stabilize and rebuild its ...
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