In 2023, California’s median home insurance cost of about $1,200 a year ranked in the middle among all states, according to ...
Climate change is making insuring homes more expensive. And in neighborhoods where that risk is the greatest, higher ...
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.
Farmers Insurance removes cap on new California homeowners policies but seeks 6.99% rate increase. Company expands coverage ...
The report also found what may be a surprising statistic about how California’s insurance prices compare to other states.
Homeowners insurance rates are rising across the U.S., driven by climate change, rising cost of building materials and surging home prices. Almost half of property insurance policy holders in the U.S.
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.
This is read by an automated voice. Please report any issues or inconsistencies here. California homeowners face surcharges averaging $50 to help insurers recoup costs from January’s devastating Los ...
Here is yet another way to look at the financial challenges of California homeownership: Recurring costs eat up more than half of household income for roughly 1 in 6 owners statewide. My trusty ...
In a market already strained by rates and prices, homeowners insurance costs are creating a new divide. The data backs up recent findings from the Realtor.com® Housing and Climate Risk Report, which ...
For the 1.9 million Californians enrolled in Covered California, monthly insurance premiums could nearly double in 2026 if ...