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News

State Farm Seeks Another Rate Hike

Orange County Register · 14h
State Farm seeks 30% overall hike for California home insurance policies
A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that rate hike even higher to 30%.
KTLA on MSN · 1d
State Farm Insurance seeks additional rate hike on top of 17% approved by state
Following last week’s approval of a 17% rate hike for homeowners by California Insurance Commissioner Ricardo Lara, State Farm Insurance is now seeking an additional rate hike. State Farm representatives had initially sought a 30% rate increase in June of 2024.
AOL · 20h
State Farm seeks rest of 30% rate hike after getting approved for 17%
State Farm, California’s largest property insurer, is seeking the remainder of its originally requested 30% rate hike after getting emergency, temporary approval for a 17% rate hike earlier this month due to cost pressures from the state's wildfires.
23h
State Farm seeks 30% home insurance rate hike in California
State Farm seeks to increase California home insurance rates by 30 percent, following an approved emergency 17 percent ...
4don MSN
State Farm rate hike sparks concerns about affordability, impact on housing market
State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and ...

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