Allstate auto insurance rates jump 14% in Illinois. State Farm is up more than 8%. Both companies say inflation is to blame | app

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Allstate raised auto insurance rates in Illinois by 14% last month, significantly outpacing the national average and the rate of inflation. State Farm was not far behind, raising rates more than 8% for Illinois drivers in August.

Allstate’s premium increase, announced Thursday, averaged about 3.2% in the United States, according to the Northbrook-based insurer.

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