State Farm to raise home rates in California by 20%

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Anne Makovec reports on the upcoming rate hikes from State Farm on California homes. (1/3/2024)
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This is not just happening in California but from coast to coast. Americans are getting squeezed.

eric
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Help us Gavin Newsom. The largest donor to your re-election campaign, PG&E, is treating us unfairly!

brianp
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Time to get rid of private insurance companies!

RussiaisAriddle-ihbg
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I think its time to move out of California

chrispotter
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Bubble is gonna burst this year I guarantee

xii-warzone-xiiwz
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Be a shame if anything were to happen to its executives or offices.

seancallahan
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It’s very location specific. For instance, if live in Sonoma then you’ll face forest fire.

kennethso
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Gee, yet another reason that everyone else is fleeing the state in disgust - this place is truly unaffordable. If you get the "FAIR" home insurance policy from the State of Calif you'll spend the rest of your week reading the fine print and wonder why your got insurance in the first place. It ONLY covers parts of the structure itself that were incinerated, no water damage or contents.

Folks rant about housing prices but it's inevitable after so many residents have left that supply will eventually exceed the demand and prices will come down like they did in Detroit🤑. That will lock those still here into staying put because they won't be able to sell their homes for anything close to what they paid for them, or they could just walk away. Get out now while you still can.

Chuck-
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Time for a new and better company. Who’s in?

erlinavicente
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😮they increased my home insurance by 90%. They said that the state is doing all this.

petem
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Insurance Commissioner where art thou????

-.-_
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Jesus lets make California's population more stagnant lol

highlymedicated
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Put your own money away. Stop middle man.
Unless in desaster zone.
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