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LA Insurance eliminates the inflexible, expensive demands of traditional CarriersThe Illinois-based insurance giant, which accounts for a fifth of the California home insurance market and is the largest property and auto insurer in the U.S., cited …Jan 17, 2024 · Full coverage car insurance in Los Angeles costs $3,149 annually – significantly higher than the nationwide average of $1,895. The cheapest car insurance company for a full coverage policy in Los Angeles – at an annual rate of $2,238 – is USAA. Car insurance in Los Angeles is more than $700 higher than the California statewide average of ... “State Farm to pull out of 72,000 California home insurance policies,” blared an Insurance Business magazine headline. State Farm provides nearly 21 percent of …“State Farm to pull out of 72,000 California home insurance policies,” blared an Insurance Business magazine headline. 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