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Consumer Watchdog estimates home insurance rates could increase by as much as 40% to 50% as a result. The California Department of Insurance did not respond to Fortune 's request for comment.
Bankrate’s premium data from Quadrant Information Services indicates that the annual average cost of home insurance in California is $1,217 for $250,000 in dwelling coverage, which is about 28 ...
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.
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 ...
(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 ...
Allstate, the sixth largest homeowners' insurer in California, has filed for an average 34% rate increase that if approved could take effect later this year.
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