Illinois Secretary of State Alexi Giannoulias: Illinois inches closer to reining in excessive car insurance premiums – Chicago Sun-Times

"In every state — except Wyoming and Illinois — regulators have the authority to stop excessive, inadequate or unfairly discriminatory rates before they hit consumers’ wallets. Not here. Illinois requires drivers to purchase car insurance coverage, yet the state fails to provide the basic consumer safeguards that residents in other states take for granted. In other words, Illinois families get left holding the bill first and asking questions later. That would end with this legislation."
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Mark F
1 month ago

“And those who choose to illegally drive without required auto insurance face civil fines, the loss of driving privileges and reinstatement fees that can result in an endless and even more costly downward financial spiral. Most worrisome is that these drivers make our roads less safe for everyone.” And how often is this enforced? I would bet that a lot of people out there are driving without insurance which drives up auto insurance costs for everyone. Back in the late 1970’s Illinois police were able to impound cars if you did not have auto insurance. Guess what, after two or… Read more »

Streeterville
1 month ago

Can’t “rein in” car insurance premiums without addressing root cause for those premium spikes: lawlessness in Chicago metro area, particularly car thefts, car-jacking, car stripping for catalytic converters and airbags, car vandalism from “teen takeovers”. Put the blame on Mayor Johnson’s pandering to thieves, repeat criminal offenders, and non-demonized youths.

Sanity please
1 month ago

Alex you are stinking up the place with your BS.

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