Section 932.10  Authority

 

This Part is issued by the Director of Insurance pursuant to Section 401 of the Illinois Insurance Code, which empowers the Director to make reasonable Rules and Regulations as may be necessary for making effective the insurance laws of this State.  This Part implements Section 143.28 of the Illinois Insurance Code by establishing guidelines and procedures for the approval  of anti-theft mechanisms  for purposes of obtaining automobile insurance premium reductions requiring all insurance companies to allow appropriate reductions for rates and premium charges for insured automobiles that are equipped with anti-theft mechanisms or devices approved by the Director.

 

(Source:  Amended at 28 Ill. Reg. 4207, effective February 23, 2004)

 

Section 932.20  Definitions

 

Anti-Theft Mechanism means any passive or active anti-theft system and passive or active anti-theft devices permanently installed, either as original equipment from the manufacturer or as after market equipment on the vehicle, that is designed to inhibit the theft of the vehicle or its components.

 

(Source:  Amended at 28 Ill. Reg. 4207, effective February 23, 2004)

 

Section 932.30  Scope

 

This Part applies to all private passenger motor vehicles and to pick-up trucks rated as private passenger automobiles, and policies of automobile insurance as described in Section 143.13(a) of the Illinois Insurance Code [215 ILCS 5/143.13(a)].

 

(Source:  Amended at 28 Ill. Reg. 4207, effective February 23, 2004)

 

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.                                   

(Source:  Amended at 28 Ill. Reg. 4207, effective February 23, 2004)

 

Section 932.50  General Rules Applicable To All Anti-Theft Mechanisms

 

a)         Unless otherwise specified, if two or more anti-theft mechanisms  are installed  to the same vehicle, the total discounts shall be that applicable to the anti-theft mechanism  for the highest discount.

 

           

b)        Insurers may require reasonable evidence of installation of any anti-theft mechanism  but the insurer may not make requests so onerous as to effectually discourage the owner from seeking the applicable discount.                                               

(Source:  Amended at 28 Ill. Reg. 4207, effective February 23, 2004)

 

Section 932.60  Types of Anti-Theft Devices Qualifying for Discounts (Repealed)

 

                                                                                                                                                                                     

                                                                                                                                                                                                                                   

(Source:  Repealed at 28 Ill. Reg. 4207, effective February 23, 2004)

 

Section 932.70  Severability Provision

 

If any Section or portion of a Section of this Part or the applicability thereof to any person or circumstance is held invalid by a court, the remainder of the Part or the applicability of such provision to other persons or circumstances shall not be affected thereby.