Premiums on Fire

The brief analyzes rate hikes by State Farm in California, noting that an approved 17% increase will raise average premiums by $737 by 2025, and a requested further 11% increase could raise them by $1,015 by 2026 compared to 2023. It highlights extreme increases in high-risk zip codes, such as Calabasas, and argues that the fossil fuel industry is responsible for the climate-fueled disasters driving these costs.

• State Farm's approved 17% average rate increase for homeowners in California will result in the average policyholder paying $737 more in 2025 than in 2023, representing a 39% increase.
• If a further requested 11% rate increase is approved for 2026, the average State Farm policyholder in California will pay $1,015 more than they did in 2023, a total increase of 55%.
• The most significant premium increases are concentrated in high-risk areas, specifically zip codes along the Sierra Nevadas and in Southern California prone to wildfires and rising seas. In zip code 91302 (Calabasas, Los Angeles County), over 1,700 policyholders will see average premium increases of $6,832 (68%) by 2025 and $8,689 (86%) by 2026.

APA

Center for Climate Integrity (2025). Premiums on Fire. https://climateintegrity.org/uploads/media/Premiums-on-Fire_2025_UPDATE.pdf

Chicago

Center for Climate Integrity. Premiums on Fire. 2025. https://climateintegrity.org/uploads/media/Premiums-on-Fire_2025_UPDATE.pdf.

Wikipedia

{{cite report |author=Center for Climate Integrity |title=Premiums on Fire |date=June 2025 |url=https://climateintegrity.org/uploads/media/Premiums-on-Fire_2025_UPDATE.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{centerforclimateintegrity2025premiums, author = {{Center for Climate Integrity}}, title = {{Premiums on Fire}}, institution = {Center for Climate Integrity}, year = {2025}, month = jun, url = {https://climateintegrity.org/uploads/media/Premiums-on-Fire_2025_UPDATE.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }