Condo owners and renters may see larger jump as insurance firm pursues overall 30% rate increase for policies in state
Condo owners and renters could see a larger jump in insurance costs as State Farm General pursues an overall 30% rate increase for homeowner policies in California.
This comes just a week after the company was granted a 17% emergency interim hike, down from the nearly 22% increase it originally requested, following a ruling approved by the insurance commissioner, Ricardo Lara.
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