Public Act 099-0595
 
HB2262 EnrolledLRB099 08302 RJF 28454 b

    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 12-707.01 as follows:
 
    (625 ILCS 5/12-707.01)  (from Ch. 95 1/2, par. 12-707.01)
    Sec. 12-707.01. Liability insurance.
    (a) No school bus, first division vehicle including a taxi
which is used for a purpose that requires a school bus driver
permit, commuter van or motor vehicle owned by or used for hire
by and in connection with the operation of private or public
schools, day camps, summer camps or nursery schools, and no
commuter van or passenger car used for a for-profit ridesharing
arrangement, shall be operated for such purposes unless the
owner thereof shall carry a minimum of personal injury
liability insurance in the amount of $25,000 for any one person
in any one accident, and subject to the limit for one person,
$100,000 for two or more persons injured by reason of the
operation of the vehicle in any one accident. This subsection
(a) applies only to personal injury liability policies issued
or renewed before January 1, 2013.
    (b) Liability insurance policies issued or renewed on and
after January 1, 2013 shall comply with the following:
        (1) except as provided in subparagraph (2) of this
    subsection (b), any vehicle that is used for a purpose that
    requires a school bus driver permit under Section 6-104 of
    this Code shall carry a minimum of liability insurance in
    the amount of $2,000,000. This minimum insurance
    requirement may be satisfied by either (i) a $2,000,000
    combined single limit primary commercial automobile
    policy; or (ii) a $1 million primary commercial automobile
    policy and a minimum $5,000,000 excess or umbrella
    liability policy combined single limit per accident;
        (2) any vehicle that is used for a purpose that
    requires a school bus driver permit under Section 6-104 of
    this Code and is used in connection with the operation of
    private day care facilities, day camps, summer camps, or
    nursery schools shall carry a minimum of liability
    insurance in the amount of $1,000,000 combined single limit
    per accident;
        (3) any commuter van or passenger car used for a
    for-profit ridesharing arrangement shall carry a minimum
    of liability insurance in the amount of $500,000 combined
    single limit per accident.
    (c) Primary insurance coverage under the provisions of this
Section must be provided by a licensed and admitted insurance
carrier or an intergovernmental cooperative formed under
Section 10 of Article VII of the Illinois Constitution, or
Section 6 or 9 of the Intergovernmental Cooperation Act, or
provided by a certified self-insurer under Section 7-502 of
this Code. The excess or umbrella liability coverage
requirement may be met by securing surplus line insurance as
defined under Section 445 of the Illinois Insurance Code. If
the excess or umbrella liability coverage requirement is met by
securing surplus line insurance, that coverage must be effected
through a licensed surplus line producer acting under the
surplus line insurance laws and regulations of this State.
Nothing in this subsection (c) shall be construed as
prohibiting a licensed and admitted insurance carrier or an
intergovernmental cooperative formed under Section 10 of
Article VII of the Illinois Constitution, or Section 6 or 9 of
the Intergovernmental Cooperation Act, or a certified
self-insurer under Section 7-502 of this Code, from retaining
the risk required under paragraphs (1) and (2) of subsection
(b) of this Section or issuing a single primary policy meeting
the requirements of paragraphs (1) and (2) of subsection (b).
    (d) Each owner of a vehicle required to obtain the minimum
liability requirements under subsection (b) of this Section
shall attest that the vehicle meets the minimum insurance
requirements under this Section. The Secretary of State shall
create a form for each owner of a vehicle to attest that the
owner meets the minimum insurance requirements and the owner of
the vehicle shall submit the form with each registration
application. The form shall be valid for the full registration
period; however, if at any time the Secretary has reason to
believe that the owner does not have the minimum required
amount of insurance for a vehicle, then the Secretary may
require a certificate of insurance, or its equivalent, to
ensure the vehicle is insured. If the owner fails to produce a
certificate of insurance, or its equivalent, within 2 calendar
days after the request was made, then the Secretary may revoke
the vehicle owner's registration until the Secretary is assured
the vehicle meets the minimum insurance requirements. If the
owner of a vehicle participates in an intergovernmental
cooperative or is self-insured, then the owner shall attest
that the insurance required under this Section is equivalent to
or greater than the insurance required under paragraph (1) of
subsection (b) of this Section. The Secretary may adopt any
rules necessary to enforce the provisions of this subsection
(d).
(Source: P.A. 97-224, eff. 7-28-11; 97-1078, eff. 8-24-12.)