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IL HB5657
Bill
Status
Failed
1/7/2025
Primary Sponsor
Diane Blair-Sherlock
Click for details
AI Summary
HB5657 Summary
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Increases minimum motor vehicle liability insurance requirements for bodily injury or death from $25,000 to $50,000 per person in any single crash.
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Raises minimum coverage for bodily injury or death of 2 or more persons from $50,000 to $100,000 per crash.
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Increases minimum property damage coverage from $20,000 to $40,000 per crash.
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Establishes that judgments arising from motor vehicle crashes are deemed satisfied once the specified policy amounts are credited toward the judgment.
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Effective immediately upon enactment.
Legislative Description
VEH CD-INSURANCE MINIMUMS
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules4/5/2024
Insurance2/28/2024
Rules2/9/2024
Full Bill Text
No bill text available