Illinois homeowners to be hit with another rate hike from State Farm
State Farm is hitting Illinois homeowners with another rate hike. The insurance company said severe weather trends are forcing it to raise rates by 8% this fall.
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State Farm is hitting Illinois homeowners with another rate hike. The insurance company said severe weather trends are forcing it to raise rates by 8% this fall.
The insurance company said severe weather trends are forcing it to raise rates this fall.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
Illinois Attorney General Kwame Raoul has filed a lawsuit against State Farm, seeking to force the insurance company to turn over homeowner insurance data to the state.
Rose Chadwick became the lead plaintiff in a class action lawsuit against the insurance giant State Farm for undervaluing and shorting payouts on claims like hers.
State Farm is planning a major rate hike for Illinois homeowners insurance starting in August.
State Farm is planning a major rate hike for Illinois homeowners insurance starting in August.
