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Two major California insurers plot massive rate hikes — bringing misery for nearly 1M homes

California
New York Post Fews App News Provider
Fews App Post Time Hace 12h

Two major insurers in California plan on raising rates by double digits for single-family homes, which could cause premiums to skyrocket. The AAA-affiliated Interinsurance Exchange of the Automobile Club applied to raise rates for homeowners by 11. 2%, while rates for condos and people renting a home would drop by 20.

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