State Farm lets some Californians keep home insurance, with a catch
Some California homeowners expecting to get non-renewal notices from State Farm will be able to keep coverage if they also sign up for FAIR Plan fire insurance.
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Some California homeowners expecting to get non-renewal notices from State Farm will be able to keep coverage if they also sign up for FAIR Plan fire insurance.
SACRAMENTO — Gov. Gavin Newsom has proposed urgency legislation to expedite the hiking of homeowner insurance rates. It's about time. Because the alternative for many is no insurance at all.
With more insurance companies pulling out of the market or limiting coverage recently, some homeowners may have no other option.
David Schmalz here. One thing I’ve been thinking a lot about lately is that, while most voters frame elections in terms of who wins or loses in a race—president, governor,
Consumer advocates and insurance firms clashed at a state hearing over plans to use complex computer simulations to set homeowners' premiums.