states, except California, Massachusetts and Rhode Island. It exited the California market over the past year because of the significant risk of wildfires, earthquakes and other natural disasters. Top Providers by State State Farm Home Insurance Cost The average cost of a State Farm homeowners ...
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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 Company made this decision due to historic increases in construction...
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State Farm’s standard homeowners insurance policy only covers damage from roof leaks if the leak was caused by a catastrophic peril like a storm. It would not be covered if the leak was due to poor maintenance. Damage that is the result of a roof leak may be covered. This may depend ...
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State Farm to Up Homeowner Insurance Rates in California.(Originated from The Bakersfield Californian)Henry, Lois
State Farm is no longer accepting applications for homeowners insurance in California, citing wildfire risks and the skyrocketing cost of construction. Leslie Scism, a news editor covering all things insurance-related for the Wall Street Journal, has more.May 30, 2023...
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