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California

Allstate approved to raise California home insurance rates by 34%

The decision on Allstate follows a series of rate hikes for other insurers, including State Farm, which is seeking raise its rates by an additional 30% after already securing a 20% increase earlier this year.

By: The Mercury News
  • Aug 30 2024
  • 42
  • 3543 Views
Allstate approved to raise California home insurance rates by 34%
Allstate approved to raise Cal
By Nadia Lopez | Bloomberg Allstate Corp. is set to increase home insurance rates for California customers by an average of 34.1%, marking the biggest jump in premiums for a major insurer in three years as the state faces a deepening property insuran... [4122 chars]

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