Putting State Farm’s rapid-fire auto rate increases in context

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In two weeks, State Farm’s auto insurance customers in Illinois will see their rates go up again – for the fourth time in less than a year. Together they’ve raised the average cost about $200.

Many of State Farm’s competitors are also raising rates. And that’s led to some whiplash for customers who saw refunds and rate cuts during the pandemic, as people drove less, crashed less, and submitted fewer claims. And it’s helped stoke…

Continue reading this news update.

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