Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Public Act 103-0615


 

Public Act 0615 103RD GENERAL ASSEMBLY

 


 
Public Act 103-0615
 
HB5559 EnrolledLRB103 39018 RPS 69155 b

    AN ACT concerning regulation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Insurance Code is amended by
adding Section 154.10 as follows:
 
    (215 ILCS 5/154.10 new)
    Sec. 154.10. Description of the determination of a total
loss of a vehicle. Upon the determination of a total loss of an
insured vehicle, the insurance company shall provide the
insured with a brief description of how that determination was
made, including any available repair estimate, estimated
vehicle salvage value, assessed market value, and other costs
and calculations used. This Section applies to policies issued
or renewed on or after July 1, 2025.

Effective Date: 1/1/2025