Reported 28 days ago
Debby Kirkwood, a California homeowner, is shocked by a staggering 381% increase in her Farmers Insurance premium, rising from $2,375 to $13,163 in just one year. This dramatic hike highlights the broader crisis in California's homeowners insurance market, where many residents are grappling with skyrocketing costs due to climate-driven disasters and risk assessments. With the state's insurance landscape in turmoil, residents are urged to explore alternatives and tips to mitigate their insurance expenses.
Source: YAHOO