allstate

Allstate is set to increase home insurance rates in California by an average of 34.1%

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 insurance crisis. The rate hike, which will take effect from November, will impact about 350,000 policyholders across California. …

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Allstate seeks 34% rate hike for California homeowners; State Farm threatens to exit without price increases.

Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request was 39.6%. Consumer Watchdog petitioned to intervene in July 2023. In January of this year, …

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