[ Back ] [ Bottom ]
90_SB0196
215 ILCS 5/143.28 from Ch. 73, par. 755.28
Amends the Illinois Insurance Code. Adds a caption to a
Section concerning automobile rate reductions because of use
of anti-theft equipment.
LRB9001631JSgc
LRB9001631JSgc
1 AN ACT to amend the Illinois Insurance Code by changing
2 Section 143.28.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Insurance Code is amended by
6 changing Section 143.28 as follows:
7 (215 ILCS 5/143.28) (from Ch. 73, par. 755.28)
8 Sec. 143.28. Rate discount; anti-theft mechanism. The
9 rates and premium charges for all policies of automobile
10 insurance, as described in sub-section (a) of Section 143.13
11 of this Code, shall include appropriate reductions for
12 insured automobiles which are equipped with anti-theft
13 mechanisms or devices approved by the Director. To implement
14 the provisions of this section, the Director shall promulgate
15 rules and regulations, and shall appoint an Automotive
16 Engineering Advisory Panel consisting of qualified persons
17 with expertise in automotive design, vehicle service, and
18 theft deterrent measures, to develop minimum performance
19 standards for certification of such anti-theft mechanisms and
20 devices and to develop minimum performance standards for
21 their certification. The Secretary of State or his
22 designated representative shall be a member of the Automotive
23 Engineering Advisory Panel, and shall provide the Panel with
24 technical and other assistance, as it shall require. The
25 rules and regulations promulgated hereunder shall include
26 procedures for certification to insurers that anti-theft
27 mechanisms and devices have been installed properly in
28 insured vehicles.
29 (Source: P.A. 81-0871; 81-1509.)
[ Top ]