Here’s which San Diego zip codes will be dropped by State Farm [Video]

SAN DIEGO — State Farm is dropping 30,000 homeowners insurance policies in California starting this summer.

Including homeowners living in 50 zip codes across San Diego County.

“With what’s happened in our insurance market, these carriers are just not profitable in California,” said Matthew Clark with C3 Risk & Insurance Services.

Many of his clients live in Rancho Santa Fe, where more than 50% of all State Farm policies are getting dropped.

“I had a client reach out. His premium was State Farm and he’s getting a cancellation in July. With State Farm, it was around $12,000. And his new premium is going to be $40,000. Overnight, you know, it just happened, you know, they used to pay a normal premium for the area. But now they’re looking at, you know, almost …