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State Farm stopped writing new homeowners policies in California last year. Now it plans to non-renew approximately 72,000 existing policies. Here's when impacted customers will be informed: https://t.co/njhdhkl0PF
State Farm stopped writing new homeowners policies in California last year. Now it plans to non-renew approximately 72,000 existing policies. https://t.co/6cImgkdZqY
California's home insurance crisis: What went wrong, how it can be fixed and what owners can do https://t.co/oBavxtc1CJ
State Farm, a major insurer, has decided to stop writing new homeowners policies in California due to regulations preventing them from adjusting prices. This decision will affect around 72,000 existing policies, with impacted customers being informed soon. Concerns arise regarding the need to switch insurance providers and potential issues with customer service and claims processing.