Farmers Insurance Receives Approval for New Homeowners Rating Plan with 22% Bundling Discount
Farmers Insurance has received approval from California's Department of Insurance to implement a new homeowners insurance rating plan, effective September 15, 2026. The plan includes an increased 22% discount for bundling home and auto policies and offers savings through wildfire mitigation measures. While the overall rate increase is expected at 1.5%, bundled customers may see lower rates.
