815 ILCS 312/20

(815 ILCS 312/20)

Sec. 20. Exclusions in motor vehicle liability insurance policies.

(a) An authorized insurer that writes motor vehicle liability insurance in this State may exclude any coverage and the duty to defend or indemnify for any claim afforded under a shared-vehicle owner's motor vehicle liability insurance policy, including, but not limited to:

(1) liability coverage for bodily injury and property damage;

(2) uninsured and underinsured motorist coverage;

(3) medical payments coverage;

(4) comprehensive physical damage coverage; and

(5) collision physical damage coverage.

(b) Nothing in this Act invalidates or limits an exclusion contained in a motor vehicle liability insurance policy, including any insurance policy in use or approved for use that excludes coverage for motor vehicles made available for rent, sharing, or hire, or for any business use.

(c) Nothing in this Act invalidates, limits, or restricts an insurer's ability under existing law to underwrite any insurance policy. Nothing in this Act invalidates, limits, or restricts an insurer's ability under existing law to cancel and non-renew policies.

(Source: P.A. 102-497, eff. 1-1-22.)