92nd General Assembly
Summary of SB0352
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Senate Sponsors:

Short description: 
LOW COST AUTO INSURANCE                                                    

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code and the Illinois Vehicle Code.      
   Authorizes a low-cost automobile insurance policy pilot program  under      
   the  Illinois  Automobile  Insurance  Plan. Limits eligibility for the      
   policy to persons with income of less than 150% of the federal poverty      
   level. Provides bodily injury coverage limits  at  50%  of  the  level      
   otherwise  required  under  the  Illinois  Vehicle Code. Provides only      
   $3,000 of coverage for property damage. Provides  coverage  only  with      
   respect  to vehicles having a value of $12,000 or less. Limits initial      
   basic premium to $410. Prohibits an insured under  the  pilot  program      
   from  purchasing additional coverage. Provides for repeal of the pilot      
   program on January 1, 2005. Effective immediately.                          
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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