State Farm stopped issuing new property insurance in the state in May last year as part of its battle to raise prices. Then this summer it refused to renew tens of thousands of policies in California.

State Farm, the largest home insurance company in California, announced in March 2024 that it would discontinue coverage of 72,000 home and apartment policies in the summer.

State Farm has regularly used similar reasoning in recent years when refusing to pay for water damage in California, according to attorneys and claim evaluators who work on behalf of policyholders.

State Farm, California's largest insurer, has disclosed state zip codes where it will discontinue homeowners insurance coverage, with Bay Area and Northern California locations topping the list.

State Farm was recently granted a 20% rate increase in California, even though the company announced last year that it would no longer be issuing new home insurance policies in the state.

State Farm’s proposed rate hikes underscore the worsening crisis in California’s home insurance market. Insurers face mounting wildfire-related losses, and homeowners struggle with rising costs.

After State Farm announced it will not renew more than 70,000 insurance policies in California over the next year, the state's insurance commissioner is speaking out.

To clarify, State Farm, Allstate Farmers USAA, Travelers, Nationwide and Chubb are still active in California, they have just either limited or stopped writing new home insurance policies.

State Farm offers affordable home insurance that can suit homeowners seeking a network of local agents and online buying resources. The insurer also received a high customer satisfaction score on ...

California's Department of Insurance released rules meant to encourage insurers to write more policies in high-fire-risk areas by using computer modeling.

State Farm has said it is facing financial challenges in California. In recent years, it announced a pause on adding new policies and that it would drop coverage for roughly 72,000 properties ...