# CBS News: "State Farm decision to stop issuing homeowners insurance in California may drive up premiums" **URL:** \ **Category:** Uncategorized\ **Created:** [June 2, 2023, 6:41pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915 "2023-06-02T18:41:27Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [June 2, 2023, 6:41pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/1 "2023-06-02T18:41:27Z")
> **[State Farm decision to stop issuing homeowners insurance in California may...](https://www.cbsnews.com/sanfrancisco/news/state-farm-homeowners-insurance-california-premiums/)** > > Tuesday marked the first business day since a major California insurance company, State Farm, announced it will no longer issue new homeowners insurance policies anywhere in the state. ---
**Author:** ![robertpri](https://avatars.discourse-cdn.com/v4/letter/r/ec9cab/32.png) [@robertpri](https://community.clark.com/u/robertpri)\ **Post date:** [June 2, 2023, 9:52pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/2 "2023-06-02T21:52:39Z")
My State Farm homeowners policy is not due, but I expect a serious cost increase. ---
**Author:** ![Jane](https://avatars.discourse-cdn.com/v4/letter/j/ecb155/32.png) [@Jane](https://community.clark.com/u/Jane)\ **Post date:** [June 6, 2023, 10:01pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/3 "2023-06-06T22:01:07Z")
This is awful news! Many people not far from me have had their HO insurance canceled by Nationwide already and are looking to SF. It is one of very very few that even offer HO to my high-fire-risk area. ---
**Author:** ![rjratnip](https://sea2.discourse-cdn.com/flex016/user_avatar/community.clark.com/rjratnip/32/1821_2.png) [@rjratnip](https://community.clark.com/u/rjratnip)\ **Post date:** [June 7, 2023, 5:09pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/4 "2023-06-07T17:09:24Z")
And unfortunately that trend may continue for other states. ---
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [July 12, 2023, 10:33pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/5 "2023-07-12T22:33:47Z")
[![](https://us1.discourse-cdn.com/flex016/uploads/clark/original/2X/1/1755ce750fcc70e14d67160e2bbc041378195ce7.jpeg "California's homeowners insurance crisis is growing and spreading to car insurance") ](https://www.youtube.com/watch?v=WoXthSh-QE8) ---
**Author:** ![robertpri](https://avatars.discourse-cdn.com/v4/letter/r/ec9cab/32.png) [@robertpri](https://community.clark.com/u/robertpri)\ **Post date:** [July 12, 2023, 11:55pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/6 "2023-07-12T23:55:22Z")
Thanks. Living in Cal, everything has become a challenge. ---
**Author:** ![geezerpk](https://avatars.discourse-cdn.com/v4/letter/g/f475e1/32.png) [@geezerpk](https://community.clark.com/u/geezerpk)\ **Post date:** [July 14, 2023, 6:18pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/7 "2023-07-14T18:18:47Z")
Apparently, Farmers is exiting Florida post haste. > **[Farmers is exiting Florida’s property insurance market](https://floridapolitics.com/archives/622747-farmers-is-exiting-floridas-property-insurance-market/)** > > Florida Insurance commissioner says he's 'disappointed' by the 'hastiness' of the decision. That’s gonna make it super-tough for many Florida home owners. Even the ones who remain are probably planning some hefty premium increases. Yes, climate change does have real consequences even for the deniers. ---
**Author:** ![Jane](https://avatars.discourse-cdn.com/v4/letter/j/ecb155/32.png) [@Jane](https://community.clark.com/u/Jane)\ **Post date:** [September 22, 2023, 11:04pm UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/8 "2023-09-22T23:04:34Z")
I just got my renewal. It went up $400+/ year. But, State Farm may be the only company that offers insurance on my rural street. There are a couple things for which you may qualify to reduce your premiums- State Farm offers a Wildfire Mitigation discount your home may qualify for. Also, certain communities have achieved FireWise certificates. State Farm offers a small discount for that. Mine earned me a $24/year discount. ---
**Author:** ![butler](https://avatars.discourse-cdn.com/v4/letter/b/ac91a4/32.png) [@butler](https://community.clark.com/u/butler)\ **Post date:** [September 23, 2023, 2:04am UTC](https://community.clark.com/t/cbs-news-state-farm-decision-to-stop-issuing-homeowners-insurance-in-california-may-drive-up-premiums/2915/9 "2023-09-23T02:04:03Z")
> [@geezerpk](#): > > Apparently, Farmers is exiting Florida post haste. > [Farmers is exiting Florida's property insurance market](https://floridapolitics.com/archives/622747-farmers-is-exiting-floridas-property-insurance-market/) > That’s gonna make it super-tough for many Florida home owners. Even the ones who remain are probably planning some hefty premium increases. Yes, climate change does have real consequences even for the deniers. I just renewed some HO6 policies that we have on our properties in Florida and the premiums didnt change much. Its the non-owner occupied single-family properties on the beach that are going to see enormous premium increases.