95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4458

 

Introduced , by Rep. David E. Miller

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/143.10d new

    Amends the Illinois Insurance Code. Provides that any policy or plan that provides coverage for the loss of use of a vehicle shall reimburse the insured for the rental of a substantially similar vehicle when the insured vehicle is under repair for a covered loss.


LRB095 17572 KBJ 43646 b

 

 

A BILL FOR

 

HB4458 LRB095 17572 KBJ 43646 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 adding
5 Section 143.10d as follows:
 
6     (215 ILCS 5/143.10d new)
7     Sec. 143.10d. Loss of use coverage. Any policy or plan that
8 provides coverage for the loss of use of a vehicle shall
9 reimburse the insured for the rental of a substantially similar
10 vehicle when the insured vehicle is under repair for a covered
11 loss.