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IL SB3823
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Ram Villivalam
Click for details
AI Summary
- Renewal premium increases exceeding 10% for automobile insurance require insurers to provide 60 days advance notice to the insured and the Department of Insurance before the renewal date
- Insurers are prohibited from using zip code, credit score or credit-based insurance scores, or age (for those over 65) to increase premiums, non-renew, or cancel automobile insurance policies
- Premium reductions for drivers over 55 who complete defensive driving courses now qualify with 4-hour courses (reduced from 8-hour requirement), including eLearning options approved by the Secretary of State
- Automobile insurance rates must be actuarially sound and cannot be excessive, inadequate, or unfairly discriminatory; rate development must use Illinois-specific loss experience data when available
- Effective January 1, 2027
Legislative Description
INSURANCE-AUTOMOBILE COVERAGE
Last Action
Added as Co-Sponsor Sen. Michael E. Hastings
3/12/2026
Committee Referrals
Assignments2/6/2026
Full Bill Text
No bill text available