50 Ill. Adm. Code 932.40

Discounts to Qualified Motor Vehicles

Last amended: 2004Year: 2026Length: 68 wordsOfficial source
Section 932 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.