Illinois drivers may notice their wallets are a little lighter this year as new reports show motorists in the state had to pay 35% more for full coverage auto insurance in 2023. State Farm and Allstate insurance companies, both based in Illinois, had the highest rate increases. Since 2022 they’ve increased rates by a combined total of nearly $1.2 billion. According to Insurify, an insurance comparison shopping website, close to 62% of Americans reported their car insurance rates increased in 2023, and it’s predicted that car insurance costs will increase by another 7% in 2024. Bob Passmore with the American Property Casualty Insurance Association explained what’s behind the increas
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