Demand Affordable Home Insurance Rates in California

As extreme weather events like wildfires and floods become more destructive and frequent, insurance premiums are spiking across California. Between 2023 and 2025, State Farm alone received approval for cumulative rate increases totaling 45%, raising average annual premiums by $841. California FAIR Plan enrollment is skyrocketing — growing 500% from 2018 to 2025. This growing insurance affordability crisis is leaving homeowners, renters, and small businesses struggling to pay their bills. Some insurance companies are even dropping customers and refusing to issue new policies in communities that are at high risk of wildfires, hurricanes, and floods and sea level rise. In fact, more than 1 in 5 California homeowners are uninsured because of canceled policies and/or unaffordable premiums.

Policyholders who did not cause the climate crisis are the ones currently shouldering these rising insurance costs and losses. Oil companies have known for decades that their products would worsen fires, floods and storms. But rather than change course, companies engaged in a decades-long campaign to deceive the public about the reality of climate change and their products’ contribution to the problem, keeping the world hooked on fossil fuels and increasing their profits.

The Affordable Insurance and Recovery Act, S.B. 982, would allow the Attorney General to take large oil and gas corporations to court to hold them accountable and return funds to Californians bearing climate change’s costs through high insurance premiums. Demand your legislators support this bill and keep insurance affordable for all Californians.

Content for this call topic kindly provided by Make Polluters Pay.