#california-homeowners-insurance

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#rate-increase #policy-cap-removal #sustainable-insurance-strategy #insurance-affordability
California
fromwww.mercurynews.com
2 hours ago

Farmers Insurance to lift cap on new California home policies, seeks rate hike

Farmers seeks to lift its monthly cap on new California homeowner policies and requests a 6.99% average rate increase while expanding coverage.
California
fromSFGATE
1 month ago

California Homeowners Face Rising Insurance Costs Despite Average Rates Being Below National Levels

California homeowners currently pay relatively modest average annual insurance costs—typically $1,000–$1,499—despite wildfire exposure in parts of the state.
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