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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB1967 Introduced 2/15/2019, by Sen. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED:
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Amends the Illinois Insurance Code. Provides that no insurer may increase the premium or rate charged on a policy of motor vehicle insurance or cancel such policy as a result of the insured person's involvement in a multivehicle accident or car theft when the insured person was not at fault in such accident or car theft.
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| | A BILL FOR |
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| | SB1967 | | LRB101 09509 RAB 54607 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Insurance Code is amended by adding |
| 5 | | Section 143.24e as follows:
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| 6 | | (215 ILCS 5/143.24e new) |
| 7 | | Sec. 143.24e. Premium increase or cancellation prohibited. |
| 8 | | An insurer shall not increase the premium or rate charged on a |
| 9 | | policy of motor vehicle insurance or cancel such policy as a |
| 10 | | result of the insured person's involvement in a multivehicle |
| 11 | | accident or car theft when the insured person was not at fault |
| 12 | | in such accident or car theft.
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