State Farm’s California Neighbors Might Wish They aren’t There. 22% Increase Approved! - The Great Awakening

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State Farm’s California Neighbors Might Wish They aren’t There. 22% Increase Approved! (justthenews.com)

posted 2 days ago by Irishman4Trump6 2 days ago by Irishman4Trump6 +48 / -0

CA approves 22% rate hike for state’s top property insurer, State Farm, to stabilize market

State Farm justified its rate hike by claiming it is paying out $1.26 in claims for every dollar it collects in premiums, resulting in the loss of $5 billion in the last nine years.

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– hunterscrackpipe1 2 points 1 day ago +2 / -0

I had state farm for decades. They got all pissy with me my policy and rate. Dropped them and never looked back. I know a lot of folks who had a bad time with them on auto claims too.

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– Irishman4Trump6 [S] 1 point 1 day ago +1 / -0

Yup, moved away from them as well. Prices just kept going up

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