State Farm to hike home insurance rates by 27% in this state

foxbusiness.com/economy/state-farm-hike-home-insurance-rates-27-state

State Farm will soon hike insurance rates on Illinois homeowners by more than 27%.
That is effectively adding $746 to the average policyholder's annual premium. For comparison, the average homeowner's insurance costs are roughly $2,110 a year, or about $176 a month, according to a May…

This story appeared on foxbusiness.com, 2025-07-24 21:08:20.
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