Ill. Admin. Code tit. 50 § 932.40

Current through Register Vol. 48, No. 45, November 8, 2024
Section 932.40 - Discounts to Qualified Motor Vehicles

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.

Ill. Admin. Code tit. 50, § 932.40

Amended at 28 Ill. Reg. 4207, effective February 23, 2004