Illinois Homeowners Brace for 27% Insurance Rate Hike as State Farm Announces Increases Amid Cost Concerns

Illinois homeowners are bracing for a substantial 27% increase in home insurance rates as State Farm adjusts premiums amid cost concerns, prompting pushback from Governor Pritzker. Meanwhile, auto insurance premiums see a modest decrease, offering mixed impacts for consumers.

Illinois Homeowners Brace for 27% Insurance Rate Hike as State Farm Announces Increases Amid Cost Concerns