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March 27, 2008

Allstate increases home insurance rates by 9% in Illinois

Posted in Property on Jul 15th 2011

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If your currently have home insurance through Allstate and live in the state of Illinois, you may want to be sure you weren't one of the few who received a rate hike of as much as 9%.

Allstate said for nearly 80 percent of its 475,000 policy holders, increases will be kept to 2.5 percent to 3 percent. The rate hike became effective July 11, as it addresses losses from higher claims due to Midwestern storms.

Allstate hikes Illinois home insurance rates as much as 9% | Finance | Crain's Chicago Business

(Crain's) - Allstate Corp. is hiking homeowners insurance rates in Illinois as it addresses losses from higher claims...

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