SPRINGFIELD, Ill. (WAND) — Illinois House Democrats passed a proposal Thursday to help lower homeowner and auto insurance rates.

The proposal would require insurance companies to give homeowners at least 60 days’ notice before nonrenewal, changes in coverage and premium increases over 10%. Insurers could also have to use state-specific data to set rates for homeowners.

The Illinois Department of Insurance would be responsible for ensuring auto rates are not excessive, inadequate, or unfairly discriminatory.

"We also understand that these are changes that haven’t been made to auto and homeowners insurance in the last 50 years," said Rep. Thaddeus Jones (D-Calumet City). "But, these are important steps to make sure that we talk about affordability."

The Department of Insurance would also be able to review filings, issue orders and require rebates if the rates are found unfair. 

However, many Republicans believe these changes could force insurance companies to leave the state. 

"I foresee that uncertainty being priced into higher premiums that all of the Illinois homeowners will be paying and insurance agents will thereby make more money once this passes," said Rep. Jeff Keicher (R-Sycamore). 

Senate Bill 1486 passed out of the House on a 66-40 vote with two representatives voting present. Senators could vote on the plan as early as next week.

"Thanks to the thousands of voices of Illinoisans who shared their stories through our Driving Change campaign, we’re now on the verge of passing meaningful reforms that will hold insurance companies accountable and help make coverage more affordable," said Secretary of State Alexi Giannoulias. 

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