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Allstate has received approval from the state Department of Insurance to increase its California homeowners insurance premiums by an average of 34.1% starting in November.
According to Insurance Journal, State Farm, California's largest insurer, recently requested a 30% rate increase for homeowners insurance, with Allstate seeking an average 34% rise.
If you own a home, you have a homeowners insurance policy to go with it. Your insurance policy covers structural damage to your house and belongings and can protect you from lawsuits if a visitor...
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 ...
The average cost of a homeowners policy has risen more than 30% since 2020. Yet you can still find ways to save on insurance, especially for seniors. See cost-saving tips for paying less on your ...
California Insurance Crisis: List Of Carriers That Have Fled Or Reduced Coverage In The State. The insurer is looking to increase rates by 22% for non-tenant homeowners, 15% for renters and condo ...
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