Two of California's largest home insurers, CSAA and Mercury Insurance, will raise rates by an average of 6.9% this year, according to filings with the California Department of Insurance. CSAA, ...
Homeowners’ insurance policy rates could go up by an estimated 15% to 20% if a new insurance bill is passed in California.
6:30 P.M. WELL, TWO OF CALIFORNIA’S HOME INSURERS ARE RAISING THEIR RATES THIS YEAR. THE RATE HIKES ARE PART OF THE INSURANCE DEPARTMENT’S YEAR OLD SUSTAINABLE INSURANCE STRATEGY. THIS IS A SET OF ...
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.
Insurance.com reports that home insurance rates are rising due to climate change, inflation, and legal challenges, causing ...
Homeowners across California will soon see a new charge on their monthly insurance bills to help pay claims arising from this year’s devastating Los Angeles wildfires. Most of the temporary fees ...
California lawmakers are advancing new legislation aimed at addressing rising home insurance rates driven by more frequent and severe climate-related disasters.
The Department of Insurance approved a 6.9% rate increase for Mercury Insurance and CSAA Insurance Group in December 2025. By the end of 2025, the FAIR Plan had added over 21,000 policies to its ...