Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. Read Article Here: https://www.insurancejournal.com/news/national/2024/08/28/790309.htm
Category: Home Insurance
State Farm Seeks Major Rate Hikes for California Homeowners and Renters
State Farm General is seeking to dramatically increase residential insurance rates for millions of Californians, a move that would deepen the state’s ongoing crisis over housing coverage. Source: LA Times | Published on July 1, 2024 Read the article here: https://programbusiness.com/news/state-farm-seeks-major-rate-hikes-for-california-homeowners-and-renters/
Thousands more Californians will lose their home insurance this summer as two more insurers withdraw from the state.
It looks like we are loosing two more home insurers in California this July. California Homeowners Insurance Crisis: Thousands to Lose Coverage as Two More Insurers Withdraw