Home Gadgets Allstate Quietly Paused New Home Insurance Policies in California Months Ago

Allstate Quietly Paused New Home Insurance Policies in California Months Ago

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Allstate has stopped writing new homeowner and commercial insurance policies in the state of California due to rising repair costs and wildfires. The company was the fifth largest homeowner’s insurance provider in the state, according to the Insurance Information Institute.

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Source: gizmodo.com