Bill Could Change How Auto Insurance is Priced

(Springfield IL) — A bill Illinois lawmakers are considering this session would determine car insurance rates according to driving habits instead of socioeconomic factors. The proposed bill would prohibit insurance companies from using a set of guidelines it considers discriminatory in determining insurance rates, including a driver’s sex, race and credit score. The bill would require companies use a driver’s record to serve as the main factor used when setting rates. The bill passed out of committee this past week.