State Farm raised California homeowner rates 17% in June 2025, Farmers added 1.5% effective September 2026, and FAIR Plan enrollment surged 43%. A Fresno Realtor breaks down what it means for your budget.
California Homeowner Alert | May 2026 | By Aradhana Bhandary, Realtor: Fresno & Clovis, CA
State Farm raised homeowner rates 17% starting June 2025. Farmers Insurance approved a 1.5% increase effective September 2026, but bundlers pay less. The FAIR Plan, California's last-resort insurer, grew 43% in just 15 months. You have options. Keep reading.
If your home insurance bill looks nothing like it did two years ago, you are not alone. California is in the middle of a serious insurance crisis, and it accelerated sharply after the January 2025 Los Angeles wildfires destroyed more than 12,000 homes and triggered over $40 billion in insured losses: the largest wildfire disaster in California history.