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State Farm asks for 22% insurance rate hike

Hosted on MSN · 17h

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,

Arizona Republic on MSN · 6d

Will Southern California's wildfires drive up Arizona homeowners insurance rates?

Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs skyrocketed more than 62%.

East Bay Times · 1d

State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses

State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.

Gov. Ron DeSantis announces insurance rate cuts for 2025

DeSantis says insurance rate drops are coming, pushes for home hardening funds for Floridians

Gov. Ron DeSantis says Florida’s insurance market is seeing improvements, with more companies writing policies and increased competition driving rates down for many homeowners.

Gov. DeSantis announces rate cuts for many South Florida Citizens Insurance customers

TALLAHASSEE-- Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami,

Gov. DeSantis announces rate cuts in insurance costs

Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year.

Native America Calling: Rising home insurance rates put more Native Americans at risk

Native people already have the highest uninsured rate among homeowners. Changes in the industry could make it even worse.

Asheville homeowners' insurance rate to increase 9%; 'Difficult to speculate' on Helene's impact

Homeowners in Western North Carolina are expected to see a lower-than-expected base homeowners' insurance rate ...

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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