State Farm pays out nearly $500 million in California wildfire claims
State Farm said that it has paid out close to $500 million in claims following the wildfires that have ravaged the Los Angeles region. As of Jan. 27, the company has processed a total of 10,100 claims for home and auto damage resulting from the fires.
State Farm has paid out nearly $500mn on California wildfire claims
In a customer advisory, State Farm revealed that so far it has received over 10,100 total home and auto claims and has paid out almost half a billion dollars to claimants. In the notice, posted on its web site, State Farm said it had made successful voice-to-voice contact with over 95% of customers who have filed homeowner claims.
California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...
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Since the wildfires broke out in early January, State Farm’s claims department has fielded over 7,400 home and auto claims, ...
State Farm, the largest property insurer in California, has canceled its Super Bowl ad because it is focused on responding to the "tragedy" of the LA fires. The insurance giant revealed its ...
Insurance giant State Farm has canceled a Super Bowl ad that was set to air during the big game in February — in part, it said, over the raging wildfires in California. “Our focus is firmly on ...
Following its announcement that it would pause non-renewals for policyholders to ensure coverage for Los Angeles County ...
State Farm is giving some California homeowners an option to renew coverage that previously had been cancelled.
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