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Just as wildfire season begins, State Farm General Insurance Company, State Farm's provider of homeowners insurance in California, announced it would not accept any new applications for home ...
To clarify, State Farm, Allstate Farmers USAA, Travelers, Nationwide and Chubb are still active in California, they have just either limited or stopped writing new home insurance policies. Current ...
State Farm California's largest property/casualty insurer, selling to one in every four homes, has announced that it will not renew some 72,000 policies when they expire. The reason: in State Farm ...
According to Business Insider, State Farm, the largest home insurance provider in the state, canceled 72,000 property policies, including 69% of their policies in Pacific Palisades, the ...
In 2023, State Farm raised rates by an average of 20% for existing customers and said it would no longer accept new homeowners’ insurance applications in California.
HO-3 policies: These are the most common homeowners insurance policy type and include all the basic coverage types. The key difference between HO-3 and HO-2 policies is that an HO-3 policy covers ...
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