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State Farm asks for 22% insurance rate hike

Hosted on MSN · 7h

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,

Business Insider on MSN · 4h

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.

CalMatters · 41m

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.

2don MSN

California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’

State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...

1don 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 ...

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