AndronETalksNews
Daily Mail News UK
By HARRIET ALEXANDER FOR DAILYMAIL.COM
PUBLISHED: | UPDATED:
America’s biggest home insurance company has announced it will no longer insure houses in California, saying that the risk from wildfires was too great and the cost of rebuilding too high.
State Farm, the nation’s biggest car and home insurer by premium volume, said existing customers would not be affected.
But from Saturday, no new home insurance policies will be issued. The company will continue offering auto insurance.
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