Bill Text: IL HB0231 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Illinois Vehicle Code. Increases minimum liability coverage requirements to $100,000 for bodily injury or death of any one person in any one motor vehicle accident (rather than $20,000), $300,000 for bodily injury or death of 2 or more persons in any one motor vehicle accident (rather than $40,000), and $100,000 for injury to or destruction of property (rather than $15,000).

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB0231 Detail]

Download: Illinois-2011-HB0231-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB0231 Introduced , by Rep. David R. Leitch SYNOPSIS AS INTRODUCED:
625 ILCS 5/7-203 from Ch. 95 1/2, par. 7-203
Amends the Illinois Vehicle Code. Increases minimum liability coverage requirements to $100,000 for bodily injury or death of any one person in any one motor vehicle accident (rather than $20,000), $300,000 for bodily injury or death of 2 or more persons in any one motor vehicle accident (rather than $40,000), and $100,000 for injury to or destruction of property (rather than $15,000).
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A BILL FOR
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AN ACT concerning transportation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Vehicle Code is amended by changing
Section 7-203 as follows:
(625 ILCS 5/7-203) (from Ch. 95 1/2, par. 7-203)
Sec. 7-203. Requirements as to policy or bond. No such
policy or bond referred to in Section 7-202 shall be effective
under this Section unless issued by an insurance company or
surety company authorized to do business in this State, except
that if such motor vehicle was not registered in this State, or
was a motor vehicle which was registered elsewhere than in this
State at the effective date of the policy or bond, or the most
recent renewal thereof, such policy or bond shall not be
effective under this Section unless the insurance company or
surety company, if not authorized to do business in this State,
shall execute a power of attorney authorizing the Secretary of
State to accept service on its behalf of notice or process in
any action upon such policy or bond arising out of such motor
vehicle accident. However, every such policy or bond is
subject, if the motor vehicle accident has resulted in bodily
injury or death, to a limit, exclusive of interest and costs,
of not less than $100,000 $20,000 because of bodily injury to

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or death of any one person in any one motor vehicle accident
and, subject to said limit for one person, to a limit of not
less than $300,000 $40,000 because of bodily injury to or death
of 2 or more persons in any one motor vehicle accident, and, if
the motor vehicle accident has resulted in injury to or
destruction of property, to a limit of not less than $100,000
$15,000 because of injury to or destruction of property of
others in any one motor vehicle accident.
Upon receipt of a written motor vehicle accident report
from the Administrator the insurance company or surety company
named in such notice shall notify the Administrator within such
time and in such manner as the Administrator may require, in
case such policy or bond was not in effect at the time of such
motor vehicle accident.
(Source: P.A. 85-730.)