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2. California homeowners insurance market tested as fires rage

   www.aol.com/finance/california-homeowners...

   Currently, California homeowners in high-risk areas have few insurance options. Many have turned to the California FAIR plan, a private program established by the state and designed to be a fire ...

3. California FAIR Plan - Wikipedia

   en.wikipedia.org/wiki/California_FAIR_Plan

   The California FAIR Plan is an insurance program backed by the state of California that is used by property owners who cannot find private market insurance coverage. [ 1 ] [ 2 ] [ 3 ] The plans are typically more expensive and provide less coverage than commercial plans.

4. Limited home insurance options in California as major ... - AOL

   www.aol.com/finance/limited-home-insurance...

   Get major insurers to write policies for high-risk areas: The California Department of Insurance is looking for the top 12 home insurance companies in the state to commit to writing a minimum of ...

5. Travelers is the latest California insurer to raise rates ...

   www.aol.com/news/travelers-latest-california...

   The average cost of homeowners insurance in the state is $1,250 per year, or about $104 per month. That's less than the national average of $1,915, according to Nerdwallet .

6. California’s insurance is in crisis. The solution will cost ...

   www.aol.com/finance/california-insurance-crisis...

   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.

7. California FAIR Plan insurance: What it is and how it works - AOL

   www.aol.com/finance/california-fair-plan...

   In March 2024 State Farm, the largest home insurance company in California by market share, broke the news that it would nonrenew around 70,000 policies, 30,000 of which are estimated to belong to ...