NBC 5 Responds has warned you that auto insurance premiums are going up industry wide. One Chicago man felt something was wrong when his annual rate increased…
NBC 5 Responds explains why some people are seeing drastic insurance premium increases, plus the legislation aimed at reducing those numbersNBC 5 Responds has warned you that auto insurance premiums are going up industry wide. One Chicago man felt something was wrong when his annual rate increased by nearly 90%.
“My premium was $1,290. That was for full coverage,” Phillips said, speaking of his first policy with Liberty Mutual. He switched to the company in 2022. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly“I literally checked my policies and checked them side-by-side, everything remained the same,” Phillips said. He contacted his Liberty Mutual agent, who according to Phillips, told him the rate may have jumped because he didn’t bundle his auto policy with a homeowner’s policy.
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