Inflation may be moderating, but home and auto insurance premiums are still going through the roof in Illinois, with double-digit rate increases baked into this year’s bills and no relief in sight. Allstate is hiking homeowners insurance rates by 12.7% this week, while State Farm is planning a 12.3% increase in May, according to separate state filings by both Illinois-based companies. Meanwhile, car insurance rates are up 28% in the state this year, according to personal finance website Bankrate. “Insurance is reactionary, so even though inflation is currently slowing down, when we experience losses, insurance companies pay for them, and everything’s at a premium,” said Shannon Martin, a Bankrate analyst.