101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB1967

 

Introduced 2/15/2019, by Sen. Elgie R. Sims, Jr.

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/143.24e new

    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.


LRB101 09509 RAB 54607 b

 

 

A BILL FOR

 

SB1967LRB101 09509 RAB 54607 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Insurance Code is amended by adding
5Section 143.24e as follows:
 
6    (215 ILCS 5/143.24e new)
7    Sec. 143.24e. Premium increase or cancellation prohibited.
8An insurer shall not increase the premium or rate charged on a
9policy of motor vehicle insurance or cancel such policy as a
10result of the insured person's involvement in a multivehicle
11accident or car theft when the insured person was not at fault
12in such accident or car theft.