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Tuesday, September 11, 2007

Allstate Raises Auto Insurance Rates in Illinois

While many auto insurance companies have been lowering their insurance rates recently, one major auto insurer just raised its premiums.

If you buy your car insurance through Allstate, you'll see a bigger bill soon.

Allstate raised its Illinois auto insurance rates an average of ~ 10%. Allstate saw collission claims rising and its business deteriorating so it had no choice but to pass along higher costs to its customers in Illinois

Allstate's higher prices comes at the same time that some of its competitors including State Farm, Progressive and GEICO all lowered auto rates in Illinois by ~ 6%.

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