Insurance rates expected to climb in Illinois - FOX 29 News Philadelphia | WTXF-TV

Insurance rates expected to climb in Illinois

Posted: Updated:
CHICAGO (Associated Press) -

Illinois drivers should get ready to pay more for insurance.

Crain's Chicago Business reports major insurers in Illinois are raising rates.

Northbrook-based Allstate says in a regulatory filing that rates for customers will climb between 2.5 and 3.5 percent later this month.

Esurance rates are rising about 3.2 percent in late January, while Geico expects to boost prices by 2 to 3 percent in March.

American Family Mutual Insurance Co. expects to boost rates about 2 percent in February.

Progressive will lower rates by 1 percent, although the decrease comes after the insurer hiked rates by 11 percent almost two years ago.

Bloomington-based State Farm Insurance says rates will hold steady. It raised rates 3 to 4 percent in September.

State Farm is Illinois' largest insurer, followed by Allstate.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Share Your Photos & Video

Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices