Illinois Compiled Statutes
625 ILCS 5/7-203 (2026)
Requirements as to policy or bond
✓ current as of May 2026
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(625 ILCS 5/7-203)
(from Ch. 95 1/2, par. 7-203)
Sec. 7-203. Requirements as to policy or bond. No such policy or bond referred to in Section 7-202 shall
be effective under this Section unless issued by an insurance company or
surety company authorized to do business in this State, except that if
such motor vehicle was not registered in this State, or was a motor
vehicle which was registered elsewhere than in this State at the
effective date of the policy or bond, or the most recent renewal
thereof, such policy or bond shall not be effective under this Section
unless the insurance company or surety company, if not authorized to do
business in this State, shall execute a power of attorney authorizing
the Secretary of State to accept service on its behalf of notice or
process in any action upon such policy or bond arising out of such
motor vehicle crash. However, every such policy or bond is subject, if
the motor vehicle crash has resulted in bodily injury or death, to
a limit, exclusive of interest and costs, of not less than $25,000 because of
bodily injury to or death of any one person in any one motor vehicle
crash and, subject to said limit for one person, to a limit of not less than
$50,000 because of bodily injury to or death of 2 or more persons
in any one motor vehicle crash, and, if the motor vehicle crash
has resulted in injury to or destruction of property, to a limit of not
less than $20,000 because of injury to or destruction of
property of others
in any one motor vehicle crash. The changes to this Section made by this amendatory Act of the 98th General Assembly apply only to policies issued or renewed on or after January 1, 2015.
Upon receipt of a written motor vehicle crash
report from the Administrator the insurance company or surety company
named in such notice shall notify the Administrator within such time and
in such manner as the Administrator may require, in case such policy or
bond was not in effect at the time of such motor vehicle crash.
(Source: P.A. 102-982, eff. 7-1-23.)
Notes of Decisions
Cited in 42
cases (4 in the last 5 years), 1996–2024 · leading case: State Farm Mut. Auto. Ins. Co. v. Burke, 2016 IL App (2d) 150462 (Ill. App. Ct. 2016).
State Farm Mut. Auto. Ins. Co. v. Burke, 2016 IL App (2d) 150462 (Ill. App. Ct. 2016). “motor vehicle that is designed for use on public highways and that is either required to be registered in this State or is principally garaged in this State shall be renewed, delivered, or issued for delivery in this State unless coverage is provided therein or supplemental…”
Scott v. Am. All. Cas. Co., 2024 IL App (4th) 231305 (Ill. App. Ct. 2024). “question pursuant to Rule 308(a): “Pursuant to [section 143a-2(4) of the Insurance Code (215 ILCS 5/143a-2(4) (West 2020))], is underinsured motorist coverage automatically required to be included in a policy insuring liability for bodily injury where the policy provides…”
Progressive Universal Ins. v. Liberty Mut. Fire Ins., 828 N.E.2d 1175 (Ill. 2005). “The pertinent statutes here specify minimum coverage amounts (625 ILCS 5/7-203, 7-601(a), 7-317(b)(3) (West 2000)) and impose various other requirements, including a requirement that a policy's liability coverage apply to losses that occur in Canada as well as the continental…”
Reed v. Farmers Ins. Grp., 720 N.E.2d 1052 (Ill. 1999). “625 ILCS 5/7-203 (West 1996). Thus, under section 143a, arbitration awards for less than $20,000 are binding on the parties, but awards of $20,000 or more are not.”
Thounsavath v. State Farm Mut. Auto. Ins. Co., 2018 IL 122558 (Ill. 2018). “¶ 34 In this case, plaintiff and State Farm contracted for liability insurance in the amounts of $100,000 per person and $300,000 per accident, which exceeded the minimum statutory limits.”
State Farm Mut. Auto. Ins. v. Villicana, 692 N.E.2d 1196 (Ill. 1998). “See 625 ILCS 5/7-203 (West 1994). The foregoing statute defines an underinsured motor vehicle as one whose total amounts of applicable liability coverage are less than the underinsured coverage maintained by the insured at the time of the accident.”
Country Preferred Ins. Co. v. Whitehead, 2012 IL 113365 (Ill. 2012). “Section 7-203 of the Financial Responsibility Law (625 ILCS 5/7-203 (West 2006)), which sets out minimum financial requirements for uninsured-motorist coverage, does not set forth a required limitations period either.”
Zappia v. St. Paul Fire & Marine Ins. Co., 847 N.E.2d 597 (Ill. App. Ct. 2006). “O'BRIEN delivered the opinion of the court: We address whether an insurance policy's underinsured-motorist arbitration provision is contrary to public policy when it allows the parties to demand a trial de novo if the arbitration award is in excess of the minimum liability set…”
Alshwaiyat v. Am. Serv. Ins. Co., 2013 IL App (1st) 123222 (Ill. App. Ct. 2013). “), and as such must provide liability coverage limits of “not less than $20,000 because of bodily injury to or death of any one person in any one motor vehicle accident and, subject to said limit for one person, to a limit of not less than $40,000 because of bodily injury to or…”
Abram v. United Servs. Auto. Ass'n, 916 N.E.2d 1175 (Ill. App. Ct. 2009). “Third, plaintiffs contend that issuing a policy to the Abrams that did not provide UM coverage on the BMW for the entire policy period violated section 143a-2(1) of the Illinois Insurance Code (215 ILCS 5/143a-2(1) (West 2006)) and section 7-203 of the Illinois Vehicle Code (625…”
Fuller v. Snyder, 752 N.E.2d 1212 (Ill. App. Ct. 2001). “Universal asserts that the phrase in its policy, "minimum limits provision law," unambiguously refers to the mandatory insurance provision of section 7-601 of the Illinois Vehicle Code (Code) (625 ILCS 5/7-601 (West 1998)), which references the following limits in section 7-203…”
Joseph T. Ryerson & Son, Inc. v. Travelers Indem. Co. of Am., 2020 IL App (1st) 182491 (Ill. App. Ct. 2021). “1(a)(1)(i) (Sep. 15, 2017)). However, this fact alone does not trigger a conflict of interest entitling the insured to hire an independent defense attorney paid for by the insurer.”
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