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In March 2024 State Farm, the largest home insurance company in California by market ... Debris removal coverage: ... Home dwelling coverage limits are capped at $3 million under the FAIR Plan ...
A State Farm insurance company sign sits amid the rubble of a building destroyed by the Palisades Fire on Sunset Boulevard in the Pacific Palisades neighborhood of Los Angeles on January 16, 2025.
It depends on your policy. Many standard policies include $500 to $1,000 in debris removal coverage, although some companies may consider debris removal coverage to be a percentage of your overall ...
State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the state ...
In early 2009, the State Farm Florida subsidiary, the state's largest insurer, offered to withdraw from writing property insurance business in Florida after state regulators refused to approve a 47% property rate increase. State Farm said that, in Florida, it had paid out US$1.21 in claims for every dollar in premiums since 2000.
State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property insurance rates by 22 percent just weeks after fires ripped through Los Angeles ...
And in March, the insurance company said it would end coverage for around 72,000 homes and apartments in the state, 1,600 of which were in the Pacific Palisades where one of the largest fires is ...
Citing what it calls a potentially “dire situation,” State Farm on Monday asked California for permission to hike insurance rates by an average of 22%. In the wake of the Los Angeles-area ...