Here’s what State Farm customers should do if their policy isn’t renewed [Video]

State Farm General Insurance Company announced Wednesday that it plans to non-renew 30,000 property insurance and 42,000 commercial apartment policies in California.

The 42,000 commercial apartment non-renewals represent a complete withdrawal from the commercial apartment market in California. The other 30,000 non-renewals would impact homeowners, rental dwellings, and other property insurance policies, according to State Farm.

The announcement applies to California customers only. The company said those impacted will be notified between July 3 and Aug. 20.

So, what should State Farm customers do if the company’s latest announcement impacts their policy?

Here’s what insurance experts recommend:

• Customers should shop for another insurance policy by asking for recommendations from trusted sources or seeking an independent insurance agent.
• Utilize the California Department of Insurance shopping tools available on their website.
• Compare multiple policies, shop smart and choose the best coverage that suits your needs.
• Call the state’s insurance consumer hotline at 800-927-4357.
• Buy …