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State Farm asks for 39% umbrella policy hike as property rate requests loom
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of California households. Meanwhile, State Farm will participate in a hearing Tuesday to decide whether homeowners and renters in the state will see rates rise on average hundreds of dollars a year.
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
State Farm is the largest insurance company in the country and it offers many coverage options from auto and home insurance to renters and life insurance.
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