Home insurance rates in Illinois are increasing at a pace comparable to hurricane- and wildfire-prone states.
Premiums in Illinois ↑ 20% to 30% since the beginning of 2022, making it one of the top states with significant rate hikes.
Illinois is vulnerable to tornadoes and hailstorms, but the rate increases don’t align with the relatively lower claims costs for insurers.
Illinoisans Are Seeing Property Insurance Rate Hikes
