Several major insurance firms, including Allstate, State Farm and USAA, have pulled out of California in recent years. (Credit: Diego M. Radzinschi/ALM)
Citing an improved marketplace in California, Farmers Insurance will re-open several coverage options in the state.
The phased reintroduction, which started December 14, includes condominium, renters, umbrella, landlord, vacant and manufactured home policies. Many of these coverage options had been paused for more than a year.
Farmers also announced it will increase the number of homeowners policies it will accept from new customers to 9,500 per month, up from its previous commitment of 7,000.
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