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State Farm seeking 30% rate hike for California homeowners

abc7.com State Farm seeking 30% rate hike for CA homeowners: Here's what to know

Many California homeowners are concerned about their home insurance, and that anxiety ratcheted up when State Farm requested one of its biggest rate increases ever.

State Farm seeking 30% rate hike for CA homeowners: Here's what to know
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  • The bigger problem is landlords have already been gouging renters. They aren't just going to absorb this one, if their insurance goes up 30, they will raise rent 40

15 comments