California’s home insurance of last resort, the FAIR Plan, is raising rates 29.1% for certain homeowners starting Oct. 15. Rates will be highest for those in high-risk, fire prone areas.
California's home insurance plan of last resort is set to increase rates for policyholders later this year. California FAIR Plan announced an average 30% rate increase for policyholders, according to ...
The number of new FAIR Plan policies is growing more slowly, which the Insurance Department said is a result of market stabilization.
Add Yahoo as a preferred source to see more of our stories on Google. A major rate hike is coming to California's insurance plan of last resort, impacting thousands of residents in fire-prone areas.
A Los Angeles Superior Court judge ruled on Nov. 27 that California’s insurance commissioner can order the state’s home insurer of last resort to expand its home insurance offerings. It’s the second ...