The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of California households. Meanwhile, State Farm will participate in a hearing Tuesday to decide whether homeowners and renters in the state will see rates rise on average hundreds of dollars a year.

State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price of its umbrella liability coverage.

At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.