Sacramento Report: What State Farm’s Insurance Cuts Mean to San Diego

Sacramento Report: What State Farm’s Insurance Cuts Mean to San Diego

State Farm is cutting property insurance coverage in California and won’t renew policies for 72,000 properties throughout the state, including more than 2,000 in San Diego County. In San Diego County, the company plans to eliminate half its coverage to the affluent community of Rancho Santa Fe, denying renewals for 713 out of 1,421 policies. Other areas facing major cuts include Alpine, Chula Vista, Jamul, Lakeside and El Cajon. County Superviso…