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State Farm proposes home insurance price hike
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 premiums were kept artificially low.
State Farm Seeks Emergency Insurance Rate Hikes in California After Wildfires
State Farm is seeking emergency rate hikes of up to 38% for California homeowners, renters and landlords following wildfire losses.
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,
Hosted on MSN
23h
Does Your Home Insurance Cover Wildfire Destruction?
While insurers need time to sift through claims and issue payouts, it's become clear that many homeowners might not be ...
22h
on MSN
Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.
While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...
ConsumerAffairs
5d
What to do if you can’t afford homeowners’ insurance or don’t get renewed?
Homeowners’ insurance has become increasingly difficult to afford and harder to get in California and some other states ...
4h
on MSN
State agencies promote flood insurance to protect your property
40% of federal flood claims come from areas outside of flood zones, and standard home insurance may not cover it.
WCPO Cincinnati
3d
Home insurance premiums on the rise: How you can lower your rate
Home insurance costs are rising across the nation, and residents in the Tri-State area are feeling the financial strain.
5d
6 ways for seniors and retirees to save on homeowners insurance
The average cost of a homeowners policy has risen more than 30% since 2020. Yet you can still find ways to save on insurance, ...
KUNM
49m
Bipartisan wildfire preparedness bill takes stab at looming insurance crisis
On Tuesday, lawmakers on the Senate Conservation Committee unanimously advanced a bill that takes aim at skyrocketing ...
12d
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 ...
4d
WA insurance costs keep rising. What can the new commissioner do?
Home, auto and health insurance rates are on the rise. Here's what insurance commissioner Patty Kuderer says her office can ...
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