Get ready for the influx of "why did my rates go up? I've never had a claim and have an 800+ credit score" questions.
Allstate to raise CA home insurance rates by average of 34% impacting thousands of homeowners
byu/FindTheOthers623 inInsurance
Posted by FindTheOthers623
3 Comments
Link to article:
Allstate to raise home insurance rates by average of 34% in California, affecting 350K homeowners – https://www.10news.com/news/local-news/allstate-to-raise-home-insurance-rates-by-average-of-34-impacting-thousands-of-homeowners
The post discussing this in r/california is surprisingly level headed compared to reddit’s usual reactions to articles like that lol
That is what happens when the state DOI doesn’t allow cat rating or allow rate increases for 4 years.