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Natalie Chandler

FOUND: Are insurers done with california - What They Never Told You

California State Farm Insurance Inflation

As wildfires in California have worsened in recent years, some insurers have said they're done covering the damage.

State Farm and Allstate said in 2023 and 2022 they would stop writing new policies in California due to fears of massive losses from wildfires and other natural disasters, NBC Bay Area reported. The Hartford said last year it would stop selling new fire insurance policies. Liberty Mutual said it would stop offering condo and rental insurance in 2025 and would begin dropping coverage for existing clients in 2026.

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