Insurance companies like State Farm and now Allstate are not accepting new homeowner policies due to California’s wildfire risk.
Insurance companies like State Farm and now Allstate are not accepting new homeowner policies due to California's wildfire risk.
An industry expert said the changes did not happen overnight. The damage from wildfires in recent years throughout the state has forced insurance companies to rethink and lobby for raising existing premiums, with the worst yet to come.
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