Cnbc
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Insurers such as State Farm and Allstate are leaving fire and flood prone areas #Shorts
Posted
February 22, 2024
Views
10,534
Likes
246
Comments
21
Engagement
2.53%
February 22, 2024
10,534
246
21
2.53%
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Major insurers like State Farm and Allstate are no longer offering new policies in California. State Farm attributes this to increased wildfire risk, inflation and other challenges in the region. Watch the video to learn more about why homeowners are receiving nonrenewal notices and what that means for the U.S. real estate market
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