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It seems like every auto insurance company is getting out of California. Would be keen to hear everyones current providers and what type of premiums you are paying.
It seems like every auto insurance company is getting out of California. Would be keen to hear everyones current providers and what type of premiums you are paying.
Homeowners who get insurance through the California FAIR Plan could see their premium as much as double, following a rate increase approval.
www.abc10.com
As of late September, seven of the top 12 insurance companies in California's homeowners market have paused or limited new business in the state since 2022. They include State Farm, Farmers, Allstate, USAA and Nationwide. Companies cite a growing risk of wildfires, rising costs of home repair and rules meant to protect consumers, which they find restrictive.