Illinois Secretary of State to restrict auto premium calculations

Illinois Secretary of State to restrict auto premium calculations


(The Center Square) – Illinois Secretary of State Alexi Giannoulias has launched a new campaign to prevent insurance companies from using age, credit scores or zip codes to determine auto coverage rates.

Giannoulias announced the Driving Change campaign at a press conference in Chicago Wednesday and said an individual’s driving record should serve as the primary factor for rate-setting.

State Sen. Ram Villivalam, D-Chicago, and state Rep. Rita Mayfield, D-Waukegan, joined Giannoulias and expressed their support for the initiative.

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The legislators described previous efforts to limit rate-setting factors used by insurers. The measures stalled after opponents said the restrictions would raise premiums and drive insurers out of Illinois.

When asked why people with rural zip codes should pay as much for coverage as drivers in urban

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