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Illinois Property Insurance on the Rise

by | Oct 30, 2023 | Uncategorized

Property insurance premiums in Illinois are projected to rise this year with a reported 20-to-30% increase since early 2022.Illinois ranks among six states with the highest premium hikes.
The increase in tornado activity, coupled with a 40-yr-high inflation rate, play roles in the surge.

Written By Tara Lubin

About Tara Lubin

Tara Lubin, a seasoned REALTOR and Broker Associate, is renowned for her exceptional service and deep knowledge of the Chicago real estate market. With a focus on luxury as a service level rather than a price point, Tara provides unparalleled guidance and support to her clients. Partner with Tara and experience the difference in your real estate endeavors.

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