California’s FAIR Plan to Raise Homeowners’ Rates 29.1% Starting Oct. 15
California’s FAIR Plan, the state-created insurer of last resort for homeowners who cannot find coverage in the private market, will raise rates by an average of 29.1% starting Oct. 15, according to reporting confirmed Aug. 11. The increase will hit the roughly 700,000 California households now covered by the plan, whose ranks have grown sharply … Read more