In September, Allstate and State Farm said they had continued to increase their rates due to inflation and the increasing severity of car accidents. Auto insurance rates in Illinois are rising with inflation, and some people pay up to 30 percent more for car insurance. They and the Illinois Public Interest Research Group have been monitoring car insurance price increases. While liability insurance is necessary, experts say that if your car isn't worth much, you might want to consider leaving your comprehensive and collision insurance to reduce your bill.
Its spokesman, Abe Scarr, also director of the Illinois Public Interest Research Group, said that increases in auto insurance rates should be subject to the same review at the state level as utility companies. The Illinois Coalition for Fair Auto Insurance Rates, comprised of 15 civil rights, community and consumer groups, supports the bill. CHICAGO (WLS) — Your car insurance bill may have increased significantly lately and some consumers may pay up to 30% more. One of Guzzardi's voters had recently made the gender transition from male to female, and saw an instant 20% increase in his car insurance rate after updating his driver's license.
Called the Equity in Motor Vehicle Insurance Act, the bill would prohibit insurance companies from refusing to issue or renew a personal car policy based on prohibited factors, such as sex or gender, marital status, race, creed, national origin, religion, age, occupation, education level, home ownership, credit reports or ratings, the absence of prior insurance, or “any measure of demand elasticity in consumer prices”, according to the text of the bill. Vásquez said that Allstate's Chicago offices in River Point and Merchandise Mart will reopen soon, and that the insurer is also “exploring options for new office space in the Northbrook area, to accommodate employees who want to work from an office.” Two Chicago state legislators want to curb auto insurers that they say are continuing to increase rates and discriminate against drivers based on credit score, zip code and gender. The state's four major auto insurance companies, State Farm, Geico, Progressive and Allstate, did not respond to requests for comment. Meemic Insurance Company provides insurance for teachers and educators in Illinois, Michigan, Wisconsin and Georgia.
Auto insurance companies in Illinois will review information such as your driving history, age, marital status, gender, credit history and annual miles traveled, and use it to determine your car insurance quote. You can also try to save by combining car insurance with a home insurance policy and considering increasing your deductible, which means that you would pay more to repair your car after an accident. When you're looking for car insurance in Illinois, there are a number of factors that can cause your premiums to go up or down, and there are also some ways you can try to reduce your costs.