_state-farm-drops-coverage-for-72000-homes-in-california-amid-rising-costs-and-wildfire-risk.jpg "State Farm Drops Coverage for 72,000 Homes in California Amid Rising Costs and Wildfire Risk from chad maka ai rate full Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 3.6M times
✓ Published: 23-Mar-2024
👁 View: 3.6M times
✓ Published: 23-Mar-2024
Description:
State Farm, California's largest home insurer, announced it will not renew policies for 72,000 homes and apartments starting this summer due to rising costs and wildfire risk. This comes after State Farm stopped offering new policies in California last year and accounts for over 2% of its policies in the state. Homeowners who lose coverage may have to turn to the California FAIR Plan, the state's insurer of last resort, which offers basic coverage at higher rates. Reliance on the FAIR Plan has doubled in 5 years as insurers exit fire-prone areas, with over $311 billion in liability exposure now vs $112 billion in 2019.
State Farm, California's largest home insurer, announced it will not renew policies for 72,000 homes and apartments starting this summer due to rising costs and wildfire risk. This comes after State Farm stopped offering new policies in California last year and accounts for over 2% of its policies in the state. Homeowners who lose coverage may have to turn to the California FAIR Plan, the state's insurer of last resort, which offers basic coverage at higher rates. Reliance on the FAIR Plan has doubled in 5 years as insurers exit fire-prone areas, with over $311 billion in liability exposure now vs $112 billion in 2019.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_pousher-kachhakachhi-rod-makha-124-hits-of-manna-dey-volume-2-124-manna-dey-124-audio.webp "Saregama Bengali")
⏲ 3 minutes 22 seconds 👁 162.4K
_lancet-fertility-rate-worldwide-to-keep-declining.webp "Lancet: Fertility rate worldwide to keep declining <br/>")
_mukhe-mukhe-rote-jabe-bangla-song-full-album-by-kumar-sanu-and-alka-yagnik.webp "Sahin Hossen")
⏲ 49 minutes 46 seconds 👁 64.3K
_ekta-chad-124-124-hd-124-shakib-khan-amp-suchorita-124-kumar-bishwajit-124-shami-strir-wada.webp "Anupam Movie Songs")
⏲ 4 minutes 39 seconds 👁 162.2K
_meri-maa-ke-barabar-koi-nahi-lyrical-124-jubin-n-amp-payal-d-124-manoj-muntashir-124-lovesh-n-124-bhushan-k.webp "T-Series")
⏲ 5 minutes 16 seconds 👁 34.5M
_tere-nahi-khayal-bhulde-sufiana-safar-with-nusrat-fateh-ali-khan.webp "RONNY FILMS")
_moke-ev-is-good-for-open-air.webp "The Moke electric car is a street-legal, and open-air low-speed vehicle with a top speed of 25 miles per hour. It is available in the United States through Moke America and is manufactured by Chery Automobile in China. The electric Moke, known as the eMoke, has a range of 45-80 miles (72-129 km) in real-world testing for cities and coastlines, with a WLTP-rated combined range of 54 miles. <br/><br/>Follow the link below for more details<br/>https://www.ebsoccer.online/2024/01/moke-electric-car-6-important-things.html")
_.webp "Hothat Jodi Uthlo Kotha / হঠাৎ যদি উঠল কথা")
ভোট চাইছে, লোক হাসছে! রচনা ধোঁয়া দেখে শিল্প বলছে! সুজাতা প্রচারে চুল কাটছে - নাটকে কে আগে বোঝা চাপ!
⏲ 12 minutes 1 second 👁 86.3K
_pousher-kachhakachhi-rod-makha-124-hits-of-manna-dey-volume-2-124-manna-dey-124-audio.jpg)
_lancet-fertility-rate-worldwide-to-keep-declining.jpg)
_mukhe-mukhe-rote-jabe-bangla-song-full-album-by-kumar-sanu-and-alka-yagnik.jpg)
_ekta-chad-124-124-hd-124-shakib-khan-amp-suchorita-124-kumar-bishwajit-124-shami-strir-wada.jpg)
_meri-maa-ke-barabar-koi-nahi-lyrical-124-jubin-n-amp-payal-d-124-manoj-muntashir-124-lovesh-n-124-bhushan-k.jpg)
_tere-nahi-khayal-bhulde-sufiana-safar-with-nusrat-fateh-ali-khan.jpg)
_moke-ev-is-good-for-open-air.jpg)
_.jpg)
![[+]](/images/menu.gif){kind=small}