Illinois Administrative Code
Title 50 - INSURANCE
Part 932 - AUTOMOBILE ANTI-THEFT MECHANISMS
Section 932.40 - Discounts to Qualified Motor Vehicles
Universal Citation: 50 IL Admin Code ยง 932.40
Current through Register Vol. 48, No. 12, March 22, 2024
All insurance companies issuing policies of automobile insurance, as defined in Section 143.13(a) of the Illinois Insurance Code [215 ILCS 5/143.13(a) ], that insure automobiles that are equipped with anti-theft mechanisms shall allow a discount on comprehensive coverage to qualifying automobiles in an amount deemed appropriate by the insurer. The discount shall not be less than 5% on comprehensive coverage.
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