State Farm raising insurance rates 20% for California customers in new year

Starting March 15, 2024 State Farm General Insurance Company will raise homeowner rates 20% — a rate company officials say was driven by increased costs.

[sherriracine]

I like State Farm. But they're spending so much money to have celebrities on commercials.

[lionheart]

People will start making claims instead of losing their They are asking for it. People have a limit of these increases and how much they can afford or cut back

[phillipchan]

F-up. 20% increase is more than my county property tax.

[kevinmcbride]

Homes are going to start burning instead of losing out on bankruptcy.

[litemetal]

They jacked up our rates $400 . We just got the bill. No warning. No payment plan, just give them a thousand dollars 😢
I’m canceling other things to pay them.😮

[litemetal]

True…paying actors.
How many millions are they paying Mahomes and Rodgers. And they don’t even need the money 😅

[tn]

35% increase from American family for my policy, reason that too many claims from others, this is hard to stand

[doctorRv]

State farm has turned into a corporate greed company. I've had them for 13 years, home, auto, life. Was the best company hands down. Last issue I had, took me so much headache to get anything done. I was really discouraged, I asked a agent what happened to state farm. They said Idk but it's bad.

[tsfoolx]

There are very few places in southern Cal where there is "little risk" of wild fires. Woo woo or no woo woo. This plus big tax increases on their way is going to slam the state's economy.

[myobmyob]

The woo wee?
Dont speak on TV unless you can use words

[UncleFred-mbeq]

Maybe stop using Drake in your commercials. My State Farm auto went up 100$ a month within the past year. A 50% increase for absolutely no reason. Them still claiming cost issues from COVID is the biggest lie ever. Well I just cancelled them for liberty mutual. Good riddance corporate crooks.