State Farm to offer renewals to policyholders affected by L.A. County fires
State Farm said Wednesday that it will offer renewals to residential policyholders affected by the Los Angeles County fires that it had previously planned to drop.
The decision applies to policies held by homeowners, owners of rental dwellings and residential community associations, which include condominium associations.
The figure includes roughly 70%, or 1,100, of the 1,626 residential policies still in place in Pacific Palisades’ primary 90272 ZIP Code — and thousands more in the neighborhood and elsewhere in the county. The offer does not apply to policies that had already lapsed when the fire started on Jan. 7.
The Department of Insurance said that among the thousands of policies State Farm had targeted for nonrenewal, more than 7,600 were in the Palisades fire zone. There were also 525 more in San Gabriel Valley’s Eaton fire and additional policyholders elsewhere.
https://www.latimes.com/business/story/2025-01-15/state-farm-palisades-fire-non-renewals-la-fires-eaton-insurance-cancellations-altadena