One in eight homeowners in California might experience a spike in their insurance rates due to planned increases by two ...
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California home insurers to raise rates by 6.9% in 2026
CSAA and Mercury Insurance will raise rates by 6.9% in 2026, affecting over 1 million California homeowners. Rate changes vary by wildfire risk, with new discounts offered for home hardening.
Two of the five largest home insurers in California will each raise rates by an average of 6.9% later this year.
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
While insurance affordability is an increasingly urgent issue nationwide, California homeowners continue to report relatively modest average costs compared to many other states. Data from the U.S.
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap on the number of new homeowner polices it writes each month in the state.
One year after the catastrophic Palisades and Eaton wildfires tore through Los Angeles County in January 2025, Insurance.com ...
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