California Insurance Commissioner Ricardo Lara published a letter responding to State Farm’s request for an emergency interim rate increase.

State Farm submitted the request on February 3, 2025, and is seeking a 22% increase for homeowners, 15% for renters, 15% for condo unitowners, and 38% for rental dwelling.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis