State Farm Was All In on California—Until It Pulled the Plug
In 2021, State Farm asked California regulators to approve a 6.9% rise in home-insurance rates, less than a quarter of the 31% increase its own in-house calculations showed was needed to cover the ...
California Insurance - State Farm®
Insurance for the great state of California Help protect yourself and your loved ones with State Farm ® insurance. Your good neighbor is nearby to help with competitive rates on your home, auto, life insurance and more.
State Farm seeks an emergency insurance rate increase after LA
Feb 3, 2025 · State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire ...
State Farm General Insurance Company: Update on California
Feb 3, 2025 · State Farm General asks the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. State Farm has served the customers of California for nearly 100 years and our …
State Farm® is here to help California customers impacted by …
Understanding California. State Farm serves more customers in California than any other insurer, and we’ve been doing this for nearly 100 years. In LA County, we insure 250,000 homes and 880,000 automobiles. We continue to insure over 1 million homes and more than 4 million autos representing billions in risk across the state.
State Farm Seeks an Urgent Increase in California Rates After Fires
Feb 3, 2025 · State Farm, the largest homeowners’ insurance company in California, asked state insurance regulators on Monday to urgently approve a 22 percent average rate increase, a worrying sign for an ...
State Farm General Insurance Company: Update on California
Mar 20, 2024 · State Farm General’s May 2023 decision regarding new applications remains unchanged. We will evaluate the need for any additional business actions as market conditions change. *State Farm General Insurance Company is …
California Insurance Agents Near You - State Farm
Find a California insurance agent near you and get a free quote today! Whatever your insurance needs in California, State Farm® is here to help life go right.
Why are State Farm and others leaving California's home …
Mar 29, 2024 · The crisis reached new heights last week when leading insurer State Farm General announced that it wouldn’t renew 72,000 property owner policies statewide, joining Farmers, Allstate and other...
California insurance crisis: Wildfire losses after insurers back away
4 days ago · State Farm, Allstate, Farmers and other companies have all pulled back from the California home insurance market, nonrenewing policies and pausing new business. Chubb, State Farm and USAA have all reported more than $1 billion in losses from the recent wildfires.