Giannoulias' Auto Insurance Reform Bill Passes Illinois Senate
Senate Bill 714 builds on the Secretary of State's statewide Driving Change initiative, which was launched to address rising and increasingly unaffordable insurance costs and spotlight unfair and discriminatory ratemaking practices impacting
"Car insurance rates are crushing
Senate Bill 714 includes several consumer protections and reforms, including:
Requiring insurers to provide at least 30 days' notice before increasing renewal premiums by more than 10 percent.
Prohibiting auto insurance rates that are excessive, inadequate or unfairly discriminatory – defined as rates that do not reflect actual differences in expected losses and expenses.
Granting the
Preventing insurers from shifting costs from out-of-state risks, such as natural disasters, onto
Modernizing the
The legislation reflects concerns raised during the Driving Change campaign, which included town halls and community discussions across
As part of the campaign, the Secretary of State's office launched an online portal – www.ilsos.gov/drivingchange – allowing Illinoisans to share their experiences with rising insurance costs and advocate for reform. Feedback collected through the portal and statewide outreach efforts helped shape the legislation advancing in
The initiative was reinforced by an independent study commissioned by the Secretary of State's office, which found that many
The push for reform comes amid rising insurance costs statewide.
SB 714 now advances to the


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