News
Allstate plans to hike Illinois homeowners insurance rates
9+ hour, 49+ min ago (517+ words) A pedestrian walks on the sidewalk near the intersection of West Greenleaf and North Ravenswood Avenues in Rogers Park. Some Allstate customers next year will see their homeowners insurance rate increase by an average of 8.8%, continuing a trend of rate…...
As climate change makes hail more destructive, Illinois residents pay the price
4+ mon, 1+ week ago (815+ words) Researchers collected and measured hail from storms in the Great Plains. For 40 days this summer, Illinois atmospheric scientist Victor Gensini and roughly 100 other specialists and students traveled the Great Plains chasing storms. More specifically, they investigated severe convective storms, the…...
Having a low credit score can double your homeowner’s insurance cost, report finds
4+ mon, 1+ week ago (762+ words) A new study found that people with low credit scores, including in Illinois, are quoted higher prices for homeowners insurance than similar consumers with high credit scores. A new report found that having a low credit score can double the…...
Illinois leaders attack State Farm as it hikes home insurance rates
5+ mon, 6+ day ago (667+ words) An uprooted tree lays between two homes in the 6600 block of South University Avenue in the Woodlawn neighborhood, Wednesday, July 17, 2024. According to neighbors this damage was caused by the storm that hit Chicago Sunday night. Amid fierce pushback from Illinois…...
Homeowners pay price for insurance industry’s reluctance to address climate change, consumer groups say
7+ mon, 21+ hour ago (836+ words) Stephanie Zimmermann is an award-winning investigative journalist who focuses on consumer issues, defined broadly to include credit and debt, insurance, food, housing, health, transportation, technology, unsafe products, scams/frauds and other issues that affect everyday people. Before joining the Sun-Times,…...
Illinois home insurance prices jumped 50% in three years — second-highest in the country, study shows
8+ mon, 3+ week ago (856+ words) Stephanie Zimmermann is an award-winning investigative journalist who focuses on consumer issues, defined broadly to include credit and debt, insurance, food, housing, health, transportation, technology, unsafe products, scams/frauds and other issues that affect everyday people. Before joining the Sun-Times,…...