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HB 1252

INS-MOTOR VEHICLE RATES

104th Regular Session Introduced by Will Guzzardi and 1 co-sponsor

Illinois bill HB 1252 regulates how auto insurers calculate motor vehicle rates, potentially affecting insurance costs and company pricing practices through new constraints or transparency requirements.

Rule 19(a) / Re-referred to Rules Committee
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Bill Summary · HB 1252

Legislative bill overview

HB 1252 would regulate how insurance companies calculate and set motor vehicle insurance rates in Illinois. The bill, sponsored by Representatives Lilian Jiménez and Will Guzzardi, appears designed to impose new constraints or transparency requirements on auto insurance pricing practices. Specific provisions are not detailed in the available action history, but the bill has moved through initial procedural steps and is currently under Rules Committee review.

Why is this important

Auto insurance rates directly affect household budgets for millions of Illinois drivers, with some consumers paying significantly more than others for similar coverage. Any changes to how rates are calculated could impact insurance affordability, availability of coverage in certain areas, and insurer profitability—ultimately affecting both consumers and the insurance market. This issue is particularly salient given recent national concerns about rising auto insurance costs.

Potential points of contention

  • Rate-setting flexibility vs. consumer protection: Insurance companies argue pricing flexibility is necessary to manage risk; consumer advocates argue current practices unfairly discriminate against certain demographics or lower-income drivers
  • Market competitiveness: Stricter rate regulations could reduce insurer profits and potentially limit competition or cause companies to exit the Illinois market
  • Actuarial validity: Disputes over which rating factors (age, location, driving history, credit score, etc.) are scientifically justified versus potentially discriminatory

Compiled from official sources — confirm details with the bill’s official record.

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