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.
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California Insurance
- Thread starter incrediwoah
- Start date
Tam
Well-Known Member
Home insurance pulled out of Florida due to water and California due to fire.
Geico had some financial difficulties back then so that wouldn't count.
Others who exited CA car insurance are much smaller companies.
Big car insurance companies are still around:
State Farm
Progressive
Allstate
USAA
Farmers
Liberty Mutual
Nationwide
American Family
Travelers
I have been using a small and regional Wawanesa.
6 months for my 2017 Model X was $537.06
Now, It's jumped up 44% to $774.33.
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Premiums to double for some California homeowners amid insurance crisis
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.
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