![]() USAA: a great option for military members.Progressive: our pick for best affordable pricing.Amica: our pick for best homeowners insurance overall.Next Step: Compare homeowners insurance quotes with Policygenius Companies that will insure a new home in Californiaīoth State Farm and Allstate are top picks in our guide to the best homeowners insurance companies, but there are several other strong options if you need to insure your property in California, including: A spokesperson told ABC10 that the company "paused" its offerings "so we can continue to protect current customers." A spokesperson for the California Department of Insurance told ABC10 that current customers will keep their existing policies. This won't affect State Farm auto insurance customers in California, either applications for car coverage will remain open and nothing will change for existing policy holders.Īllstate stopped offering new homeowners, condo and commercial insurance policies in November 2022. ![]() State Farm's decision will impact both business and personal policy applications for property and casualty insurance, though existing State Farm customers with homeowners policies will be able to keep their coverage and continue to file claims. The nonprofit news source Cal Matters reported that 772 structures in California were destroyed by fire in 2022 - and that was considered an abnormally mild year. According to CNN, California has experienced more than 7,000 wildfires per year on average over the last five years. State Farm cited both high construction costs in the state and the increasing risk of wildfires as the reasons behind its decision. Allstate stopped offering new policies last year. State Farm, one of the country's largest insurance providers, announced that it will no longer accept applications for home insurance coverage in California. By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our
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