Illinois homeowners to be hit with another rate hike from State Farm

Source CBS Local
Original Load Date Oct. 6, 2026, 11 a.m.
Last Updated Oct. 6, 2026, 11 a.m.
Original URL https://www.cbsnews.com/chicago/news/illinois-homeowners-rate-hike-state-farm/

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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 increase went into effect for new policies on Oct. 1. Current customers will see the change take effect in December. Last year, Sta...