State Farm seeks 22% home insurance rate hike

State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after premiums were kept artificially low.
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested an emergency 22% rate increase in homeowners’ rates to cover losses and to stop its “financial deterioration,”
State Farm Seeks 22% Insurance Rate Hike in L.A. Following Wildfire Claims, California Department of Insurance to Scrutinize Proposal
State Farm General seeks a 22% insurance rate hike in response to over $1 billion paid out in L.A. wildfire claims, sparking criticism and pending review by California Department of Insurance.
State Farm seeks 22% home insurance rate hike after California wildfires
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, which has operated in California for nearly a century,
State Farm Wants a Monster Rate Hike in California
California's largest home insurer has some not-great news for homeowners. On Monday, State Farm General, which currently insures about a million homes in the state, said it was asking the California Department of Insurance to OK an emergency rate increase as a result of the recent Los Angeles wildfires,
State Farm Asks California to Approve 'Emergency Hike' in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
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State Farm seeks 22% rate hike for California homeowners to cover La wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
State Farm expands renewal offers to all L.A. County policyholders slated to have been dropped
State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County ...
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State Farm looks to raise premiums 22% in California as wildfire costs climb
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
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State Farm seeks an emergency insurance rate increase after LA wildfires
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance Monday warning of its "dire" financial situation in the wake of the Los ...
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
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State Farm's Super Bowl Pullout Part of Shrinking Industry Spend
State Farm's decision to pull its 2025 Super Bowl ad was prompted by the wildfires that continue to impact the Los Angeles area. With the company's absence from the Big Game, no insurance firm is ...