Secretary of State leads charge for fair auto insurance rates in Illinois

SPRINGFIELD, Ill. (WTVO) — Illinois is launching a statewide campaign aimed at preventing insurance companies from using credit scores, zip codes, or age to charge residents higher rates.

The “Driving Change” campaign is spearheaded by Illinois Secretary of State Alexi Giannoulias and asks for input from residents on any unfair and discriminatory practices they have faced.

“As Secretary of State, I strongly believe that an individual’s driving record should serve as the primary factor that’s analyzed when setting auto insurance rates,” Giannoulias said. “Insurance companies need to implement a ratemaking process that’s fair and transparent. The current system results in fewer Illinoisans being able to afford insurance and fewer opting to pay for it, making our roads less safe for everyone.”
 
“Older drivers in Illinois are the safest drivers, and their auto insurance rates should reflect this,” said Philippe Largent, State Director for AARP Illinois. “On behalf of our 1.7 million members across the state, we applaud Secretary Giannoulias for his interest in finding a ratemaking process that does not discriminate against drivers for their age. And we look forward to working with his office, the insurance industry and the General Assembly to develop criteria that ensures Illinois’ safe drivers are not penalized for non-driving related factors. They deserve rates that are as low and fair as possible.”

Citing recent studies, Giannoulias said rate-making inequities and disparities exist in Illinois, often charging higher rates for senior drivers with a safe driving record and a low credit rating, than someone with a DUI conviction and excellent credit.

“As a result, drivers from disadvantaged neighborhoods and communities of color disproportionately suffer,” a press release said.