TITLE 92: TRANSPORTATION
CHAPTER III: ILLINOIS COMMERCE COMMISSION
SUBCHAPTER b: MOTOR CARRIERS OF PROPERTY
PART 1425 FINANCIAL RESPONSIBILITY OF CARRIERS
SECTION 1425.120 MINIMUM REQUIREMENTS FOR SELF-INSURERS
Section 1425.120 Minimum Requirements for Self-Insurers
The minimum requirements for a carrier to qualify and continue to act as a self-insurer are:
a) Net worth of:
1) $500,000, if the carrier operates less than 25 vehicles;
2) $750,000, if the carrier operates from 25 to 100 vehicles; and
3) $1,000,000, if the carrier operates more than 100 vehicles.
b) Property with a value of $500,000 or more located within the State of Illinois, free from all liens.