Illinois SB3258 mandates that auto insurance policies providing rental vehicle reimbursement or loss of use coverage must include a comparable.
Illinois SB3258 amends the Illinois Insurance Code to require that any auto insurance policy offering rental vehicle reimbursement or loss of use coverage must guarantee the insured a comparable vehicle during the period of loss of use. This applies to all claims where the insured has opted for rental vehicle reimbursement or loss of use coverage, regardless of the reason for the loss of use, whether due to maintenance or an at-fault motor vehicle crash.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.