autos

Bill Would Determine IL Auto Insurance Rates by Driving Habits – 1340 WJOL – 1340 WJOL


Bill Would Determine IL Auto Insurance Rates by Driving Habits

A bill Illinois lawmakers are considering this session would determine car insurance rates according to driving habits instead of socioeconomic factors. The proposed legislation would prohibit insurance companies from using a set of guidelines they consider discriminatory in determining insurance rates, including a driver’s sex, race, and credit score. The bill would require companies to use a driver’s record to serve as the main factor used when setting rates. The measure passed out of committee this past week.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.