IL HB0434

Amends the Illinois Vehicle Code Section 18c-4902 to establish insurance requirements for household goods carriers operating in Illinois.

Requires each contract for household goods transportation to include an accurate estimate of the total value of items being moved.

Mandates household goods common or contract carriers maintain minimum insurance or surety coverage equal to 2.5 times the estimated total value of the household goods under each contract.

Requires carriers to provide written proof of the required insurance or surety coverage to the person whose household goods are being moved.

Takes effect immediately upon becoming law.