State Farm has stopped accepting homeowner insurance applications in California, citing the growing risk from catastrophes like wildfires and the rising cost to rebuild. “State Farm General Insurance Company made this decision due to historic increases in construction costs...

Renting a property is a significant decision that can greatly impact your lifestyle and financial well-being. Whether you’re a first-time renter or a seasoned tenant, it’s crucial to consider several factors before signing a lease agreement. By paying...

If you think the cost of a car has gotten expensive, wait until you go to insure it. (27 May 2023, 11:06 pm) Source link

Remains of a home burned in the Camp Fire which destroyed 19,000 structures in the town of Paradise, California. Photo George Wuerthner  State Farm Insurance Company announced it would no longer take on new insurance clients in California due...

State Farm said it will no longer accept new applications for home and business insurance in California because of an increase in catastrophic events and construction costs, the company announced Friday."State Farm General Insurance...

State Farm will no longer offer home and property insurance to new customers in California starting Saturday, the company said in a press release. The insurance company pointed to “historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure,...