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State Farm in March said it would not renew 72,000 home, apartment and other property policies, citing soaring reconstruction costs, increasing wildfire risks and outdated state regulations.
Homeowners insurance rates by state. Every state has unique factors, such as extreme weather events, that could affect your homeowners insurance premium.
According to a new report by Insurance.com, the average homeowners insurance rate in the U.S. is $2,777 per year — or $231 monthly — for $300,000 in dwelling coverage and liability and a ...
The timeline for when you can expect payment will depend on several factors, including the laws in your state, your insurance company’s internal procedures and the volume of homeowners claim ...
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
The state's insurance problems have plagued wildfire-adjacent homeowners for a few years, but it's rapidly spreading to homeowners in non-wildfire-adjacent areas. The state's "protections" are ...
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