# Illinois SB2699: INS-RENEWAL PREMIUM INCREASE

Illinois SB2699, INS-RENEWAL PREMIUM INCREASE, is a 104th General Assembly (2025–2026) Senate bill sponsored by Michael E. Hastings (Democratic); status in committee, last action 2025-10-14 (Added as Co-Sponsor Sen. Meg Loughran Cappel) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB2699-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB2699
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: INS-RENEWAL PREMIUM INCREASE
- Status: in committee
- Chamber: Senate
- Introduced: 2025-10-14
- Last action: 2025-10-14, Added as Co-Sponsor Sen. Meg Loughran Cappel
- Sponsor: Michael E. Hastings (Democratic)
- Cosponsors: 1
- Subjects: assignments
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Illinois Insurance Code. Provides that no company shall impose renewal premium increases of more than 10% for policies of fire and extended coverage insurance to which specified provisions apply. In a provision prohibiting a company from making changes in deductibles or coverage for any policy forms applicable to certain lines of business unless the company provides a specified notice, adds delivery by electronic means as a method for providing that notice. Provides that no company may impose renewal premium increases of more than 10% for policies of automobile insurance to which specified provisions apply unless the company mails to the named insured written notice or delivers notice by electronic means of the change in premium or change in deductible or coverage at least 30 days prior to the renewal. Effective January 1, 2028.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Michael E. Hastings (Democratic), Senate
- Cosponsor: Meg Loughran Cappel (Democratic), Senate

## Actions (4)

- 2025-10-14: Added as Co-Sponsor Sen. Meg Loughran Cappel (Senate)
- 2025-10-14: Referred to Assignments (Senate)
- 2025-10-14: First Reading (Senate)
- 2025-10-14: Filed with Secretary by Sen. Michael E. Hastings (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2699.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2699.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-SB2699-2025-2026 (as of 2026-11-01).