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IL HB2262
Bill
Status
Passed
7/22/2016
Primary Sponsor
Bill Mitchell
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AI Summary
- School buses and vehicles requiring a school bus driver permit must carry minimum liability insurance of $2,000,000, satisfiable by either a $2,000,000 combined single limit primary policy or a $1,000,000 primary policy plus $5,000,000 excess or umbrella liability policy
- Vehicles used for day care facilities, day camps, summer camps, or nursery schools requiring a school bus driver permit must carry minimum liability insurance of $1,000,000 combined single limit per accident
- For-profit ridesharing vehicles (commuter vans and passenger cars) must carry minimum liability insurance of $500,000 combined single limit per accident
- Vehicle owners must attest to meeting minimum insurance requirements on registration applications, and the Secretary of State may require proof of insurance or revoke registration if requirements are not met within 2 calendar days
- Primary insurance must be provided by licensed and admitted insurance carriers, intergovernmental cooperatives, or certified self-insurers; excess coverage may include surplus line insurance obtained through a licensed surplus line producer
Legislative Description
TRANSPORTATION-TECH
Last Action
Public Act . . . . . . . . . 99-0595
7/22/2016
Committee Referrals
Insurance5/3/2016
Assignments4/25/2016
Rules4/24/2015
Executive3/27/2015
Rules2/17/2015
Full Bill Text
No bill text available