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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 ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
From 2012 to 2021, home insurers in California lost money on underwriting and insurance transactions, while nationwide average profit margins on those deals were 3.6% to 4.2%, respectively.
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 ...
Unique home insurance considerations. Even though your homeowners insurance policy should spell out pretty clearly what is included in your policy, it may still leave room for gray areas.
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