State Farm® is here to help California customers impacted by wildfires
Catastrophe Customer Care sites are open in California for customers to walk-up for claim assistance and help with general questions.UPDATE: Due to declining in-person customer activity, our two catastrophe care sites in Los Angeles will be consolidated into one remaining site at the Santa Monica College – Bundy Campus. The Home Depot location at 12975 W Jefferson Blvd. will close end of day ...
State Farm slammed for seeking up to 38% policy hike after wildfires
Feb 4, 2025 · State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires.
State Farm seeks rate hikes in California to offset wildfire payouts
Feb 4, 2025 · Over a nine-year period ending 2024, State Farm said it would pay $1.26 in claims and expenses for every $1.00 collected in premium, resulting in more than $5 billion in cumulative underwriting ...
State Farm seeks an emergency insurance rate increase after LA
Feb 3, 2025 · State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire”...
California wildfires: State Farm asks for 'emergency' 22
Feb 3, 2025 · SAN FRANCISCO -- If your home is covered by State Farm, you could face a 22% rate hike. The company sent a letter to the California Dept. of Insurance warning of its 'dire' financial...
State Farm Seeks Emergency California Rate Hike After Fires
Feb 3, 2025 · State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten ...
State Farm Seeks an Urgent Increase in California Rates After Fires ...
Feb 3, 2025 · State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, the company said. It expects to pay out significantly more.
State Farm seeks emergency insurance rate hike following LA …
Feb 4, 2025 · The state’s largest home insurance company, State Farm wants to raise its rates. The company said it’s in a dire financial situation because of the recent wildfires in Southern California ...
State Farm’s California insurance woes could worsen with fires
Jan 17, 2025 · Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay...
State Farm offers policy renewals for homeowners ... - NBC Los …
Jan 16, 2025 · State Farm, one of the largest insurers in California, announced Wednesday that it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area...