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State Farm asks for 22% insurance rate hike

Times of San Diego on MSN · 2d

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.

Hosted on MSN · 2d

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,

CalMatters on MSN · 1d

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.

State Farm, CA’s largest property insurer, demanding 22% rate hike after fires and huge losses

State Farm says that as a result of Prop. 103, it has lost $5 billion over the last 9 years and had no option but to stop ...

1don 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 ...

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