Public Act 098-0242 (HB2393) Summary

• Requires all motor vehicle liability insurance policies issued or renewed in Illinois to include uninsured and hit-and-run motorist coverage with bodily injury limits set by Section 7-203 of the Illinois Vehicle Code.

• Disputes over uninsured motorist coverage and damages must be submitted to binding arbitration through the American Arbitration Association, with specific rules for evidence and medical opinions.

• For private passenger vehicles without collision insurance, insurers must make available uninsured motorist property damage coverage up to the actual cash value of the vehicle or $15,000 (whichever is less) with a $250 deductible.

• Requires insurers to inform applicants about the availability of uninsured motorist property damage coverage and its premium only once; failure to pay the premium constitutes proof of rejection.

• Creates a rebuttable presumption that a motorist was uninsured if they fail to file appropriate forms with the Department of Transportation's Safety Responsibility Section within 120 days of an accident.