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Monday, 02 June 2014 23:32

State Farm Raises Rates in Illinois

State Farm, Illinois’ biggest car insurer, raised its auto rates in Illinois by an average of 2.3 percent as of May 26, 2014, according to a filing.

“Auto insurance rates in Illinois were adjusted to better reflect changing claims costs,” namely a rise in car repair costs, said Missy Dundov, spokeswoman for the Bloomington-based home and auto insurer. The exact price change will depend on the coverages that policyholders have, where they live, what kind of car they drive, how the car is used, and who drives it, she said.

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