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Asked about potential surcharges California homeowners might have to pay in the future, ... Consumer Watchdog estimates home insurance rates could increase by as much as 40% to 50% as a result.
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in ...
That would mean that an insurer that has a 10% share of California's home insurance market would have to write 8.5% of the policies in such neighborhoods. The department released preliminary maps ...
Allstate has received approval from the state Department of Insurance to increase its California homeowners insurance premiums by an average of 34.1% starting in November.
(The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...
California Gov. Gavin Newsom has proposed urgency legislation to expedite the hiking of homeowner insurance rates. It's about time. Because the alternative for many is no insurance at all.
Farmers Insurance is upping the number of home policies it writes each month and resuming coverage for condos, renters and other dwellings, saying the California insurance market has improved.
In its latest rate filing available on the Department of Insurance website, State Farm General Insurance Co. (the insurer's California homeowners' company) explained that, despite being granted a ...
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