Allstate stops offering new home insurance in California due to wildfires, higher costs for home repair
Fox News
Allstate announced its no longer offering new home insurance policies in California due to high building costs and environmental concerns like wildfires.
The company said it stopped offering new home, condominium and commercial insurance policies in California last November but would continue to offer home insurance to current customers in California. Kristine Parks is an associate editor for Fox News Digital. Read more.
When wildfires ravaged the state in November 2018, insurance loss claims topped $12 billion.
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