SB 3718

Abstract

Amends the Illinois Insurance Code. Provides that an insurance company that provides automobile liability insurance to any registered vehicle required to have liability coverage under the Illinois Vehicle Code must notify the Secretary within 30 days after a policy cancellation. Amends the Illinois Vehicle Code. Provides that, within 30 days after an insurance company notifies the Secretary of a liability insurance policy cancellation, the Secretary of State shall notify the owner of the motor vehicle that is the subject of the canceled liability insurance policy that the owner has 30 days after the issuance of the notice to provide verification of a liability insurance policy for the vehicle and that, if the owner fails to provide the verification with the 30-day period, the Secretary shall cancel the owner's license or permit until the owner provides the required verification.