SB 3258

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Full Text of SB3258
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					SB3258 - 104th General Assembly
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							Senate Amendment 001
							House Amendment 001
							Public Act
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						Introduced
						Engrossed
						Enrolled
						Senate Amendment 001
						House Amendment 001
						Public Act
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		SB3258 Enrolled		LRB104 17101 BAB 30520 b
1		    AN ACT concerning regulation.
2		    Be it enacted by the People of the State of Illinois,
3		represented in the General Assembly:
4		    Section 5. The Illinois Insurance Code is amended by
5		adding Section 143.35 as follows:
6		    (215 ILCS 5/143.35 new)
7		    Sec. 143.35. Optional rental vehicle coverage.
8		    (a) In response to all applications for a policy of 
9		automobile insurance, as defined in paragraph (a) of Section 
10		143.13, received by an insurance company, the insurance 
11		company shall provide the applicant written notice regarding 
12		the availability of rental vehicle coverage for an insured 
13		vehicle as a result of a cause of loss covered by the policy 
14		contract, including the coverage limits and costs thereof.
15		    (b) At least 30 days prior to each renewal of a policy of 
16		automobile insurance, as defined in paragraph (a) of Section 
17		143.13, the insurance company shall provide the insured 
18		written notice regarding the availability of rental vehicle 
19		coverage for an insured vehicle as a result of a cause of loss 
20		covered by the policy contract, including the coverage limits 
21		and costs thereof.
22		    Section 99. Effective date. This Act takes effect on July
		SB3258 Enrolled	- 2 -	LRB104 17101 BAB 30520 b
1		1, 2027.