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State Farm Slammed For Seeking Up to 38% Policy Hike Following ...
Feb 4, 2025 · State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires.
State Farm asks for more insurance rate increases after LA fires
Feb 4, 2025 · State Farm has received more than 8,700 claims and paid more than $1 billion to its customers in the state as of Feb. 1, the executives said. “We know we will ultimately pay out …
State Farm Seeks an Urgent Increase in California Rates After Fires
Feb 3, 2025 · State Farm, the largest homeowners’ insurance company in California, asked state insurance regulators on Monday to urgently approve a 22 percent average rate increase, a …
State Farm 2025 California Auto Insurance Rate Hike Affecting …
Dec 10, 2024 · State Farm, California’s largest auto insurer, has received approval to increase its auto insurance rates beginning in January 2025. This marks the second consecutive year of …
State Farm seeks an emergency insurance rate increase after LA …
Feb 3, 2025 · State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, …
State Farm seeks emergency rate increase averaging 22% after …
Feb 3, 2025 · State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put California's largest insurer in dire financial straits.
Where Homeowners Rates Are Rising—and Who Is Raising Them …
Jan 24, 2025 · In fact, while the 10 insurers analyzed by S&P GMI increased homeowners rates by about 45% over the six-year period from 2019-2024, State Farm scored the lowest six-year …
State Farm again is seeking huge increases in home insurance ... - CNN
Jul 2, 2024 · 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 …
Why are auto insurance rates going up? - State Farm
Apr 18, 2024 · According to Forbes Advisor, the cost of auto insurance went up more than 17% from July of 2022 to July of 2023. Here are some reasons why auto insurance rates are going …
Consumer Watchdog Saves Policyholders Over $325 Million from State Farm …
Dec 11, 2024 · State Farm's new rate will take effect for all new and renewal policies on January 31, 2025, impacting over 4 million policyholders. But as a result of Consumer Watchdog's …