State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.
State Farm has the cheapest renters insurance, based on our analysis. State Farm’s average cost is $102 a year for $15,000 in coverage, $121 for $30,000 in coverage and $153 for $50,000 in ...
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback