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News

State Farm home insurance rates rising

WBEZ · 16m
Illinois State Farm home insurance customers could see their rates increase by 27%
State Farm says in 13 of the last 15 years, it paid out more than budgeted to cover damage from severe weather events in Illinois.
The Associated Press on MSN · 2h
State Farm to raise Illinois homeowners insurance rates by 27.2% in August
Many Illinois homeowners will soon see their home insurance rates skyrocket due to the increase in extreme weather events.
Hoodline · 1d
Illinois Homeowners Brace for 27% Insurance Rate Hike as State Farm Announces Increases Amid Cost Concerns
State Farm is hiking Illinois home insurance rates by 27%, while auto insurance premiums decrease by an average of 5.7%. Governor Pritzker contests the hikes.
3don MSN
State Farm will significantly raise Illinois homeowner insurance rates in August
State Farm insures nearly one-third of all homeowners in the state. Gov. Pritzker calls the recent hike announcement "unfair ...
4d
12.5% of Homeowners in Illinois Will Face a Hidden Home Equity Tax If They Sell
More than 400,000 Illinois homeowners may owe taxes on home sale profits. Outdated exemptions are turning modest equity into ...

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