Report shows Illinois 2nd in nation for sharpest homeowners insurance increases

Published



(The Center Square) – Already faced with the second-highest property taxes in the nation, a new report shows just how challenging it is for Illinoisans to own a home.

The Consumer Federation of America released a new report that shows Illinois homeowners saw their insurance premiums increase by an average of 50% over the past three years. Only Utah (56%) was higher.

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