State Farm To Exit Homeowner Renewal Policies in California

The insurer plans to send non-renewal notices to 72,000 home and apartment policyholders starting this July.

View of San Francisco's Golden Gate Bridge from the Fort Baker side of California.
(Image credit: Steve Proehl, Getty Images)

State Farm plans to stop renewing home and apartment insurance policies in California beginning July 3.

The move, which will affect a total of 72,000 policyholders, will be done on a rolling basis and affect homeowners, rental dwelling, residential community association and business owners policies, the insurer said in a March 20 statement. On August 20, the withdrawal will start for commercial apartment policies.

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Esther D’Amico
Senior News Editor

Esther D’Amico is Kiplinger’s senior news editor. A long-time antitrust and congressional affairs journalist, Esther has covered a range of beats including infrastructure, climate change and the industrial chemicals sector. She previously served as chief correspondent for a financial news service where she chronicled debates in and out of Congress, the Department of Justice, the Federal Trade Commission and the Commerce Department with a particular focus on large mergers and acquisitions. She holds a bachelor’s degree in journalism and in English.