Californians are feeling the pain of a homeowners insurance crisis that has made coverage increasingly difficult to find. Those who live in condominiums and who have homeowners associations are ...
California Automobile Insurance Company won state approval for a 12% rate increase that will affect nearly 600,000 homeowners, condo owners, and renters in the Golden State. The rate hike, which will ...
Even as regulators phase in new reforms to stabilize California’s faltering home insurance market, Liberty Mutual plans to drop all its condo and rental policies statewide starting in 2026. Ahead of ...
SACRAMENTO, Calif. - Another major insurance company is trimming its risk by refusing to sell more insurance to multifamily developments. The insurance commissioner promised a more stable and ...
In 2025, a homeowners insurance policy in California averaged about $1,674 a year. That's significantly less than the $2,692 national average, but still a 20% increase from 2024. In addition, owners ...
California plans to extend its last-resort insurance program to cover higher-value properties in areas prone to wildfire, adding new potential liabilities for the already stressed plan. The FAIR plan, ...
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