Farmers Insurance lifts its cap on new California home policies, expanding options for homeowners amid a stabilizing market.
Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap ...
California's insurance reforms, intended to bring relief to homeowners struggling with wildfire coverage, have instead ...
While Farmers has continuously offered homeowners insurance to consumers in the state, prior to today's announcement, Farmers homeowners offerings had been capped at 9,500 new policies per month.
Before the world watched on as wildfires engulfed large swathes of California early in 2025, an insurance crisis was already starting to heat up. In the months and years before the disastrous 2025 ...
In a possible sign of improvement in California’s home insurance market, Farmers Insurance announced it has removed its cap ...
With homeowners facing rising premiums and fewer coverage options, the Sonoma Valley Community Advisory Commission on Monday, ...
While insurance affordability is an increasingly urgent issue nationwide, California homeowners continue to report relatively modest average costs compared to many other states. Data from the U.S.
Market Adjustments: Some insurance companies have scaled back their offerings in high-risk regions due to increased losses. As a result, some homeowners need to turn to alternatives such as the ...
SAN RAFAEL, Calif. -- It's becoming harder and harder to get a homeowner insurance policy in California. State Farm and Allstate stopped writing new policies, citing wildfire risks. Others are ...
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire. The state regulator has a ...
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