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

I’m in Cali ,, I know , I wish Flordia !

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– hunterscrackpipe1 1 point 4 hours ago +1 / -0

Sorry, I know that feeling all too well. Know folks who were cancelled right before the recent fires / mud slides. I wish you luck.

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