A week after securing approval to raise home insurance rates by an average of 17%, State Farm General revealed plans to ask regulators for an additional 11% increase, as well as considerably higher rates for condo owners and renters. But State Farm had originally requested a 30% rate hike in June 2024– and now, with the 17% emergency rate hike approved, it wants to…
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State Farm Seeks New Insurance Rate Hikes for California Homeowners and Renters
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