Section 2601.10  Authority

 

The Rule is promulgated by the Director of Insurance under Section 401 of the Illinois Insurance Code which empowers the Director "...to make reasonable rules and regulations as may be necessary for making effective ..." the insurance laws of this State.  It is the purpose of this Rule to implement Section 143(2), and Article XXVI of the Illinois Insurance Code  (Ill. Rev. Stat. 1981, ch. 73, pars. 755 and 1028 et seq.).  Failure to adhere to the standards herein set forth shall subject the offender, in addition to any other penalties or remedies provided by law, to proceedings under Article XXVI of the Illinois Insurance Code.

 

Section 2601.20  Effective Date – Requirements

 

Effective September 1, 1972, all companies issuing any "policy of automobile liability insurance" (as defined in Section 143(2) of the Illinois Insurance Code) on one or more private passenger automobiles in this State shall clearly indicate to the policyholder in writing either on the policy or on some other document, the separate premium being charged for each coverage or group of coverages which is separately rated in accordance with the company's ratemaking procedure; provided that such indication shall not be required at any renewal or continuation where such separate premium and total policy premium are unchanged from those for the expiring period, nor shall companies be required to indicate separate premium for coverages within a combination of coverages for which a single premium is recorded under a statistical plan lawfully in use; and provided further that in no event shall automobile physical damage coverages be combined, either as to title or premium, with any liability coverage within the above definition.

 

Section 2601.30  Applicable only to Private Passenger Automobile Coverages

 

For policies also affording coverages to vehicles not defined herein as a "private passenger automobile", this rule is applicable only to those coverages or portions of coverages pertaining to specifically insured private passenger automobiles.

 

Section 2601.40  Definition of Private Passenger Automobile

 

As used in this Rule, the term "private passenger automobile" means a sedan, station wagon, or jeep-type vehicle not used as a public livery conveyance for passenger, nor rented to others, and includes any other utility automobile, pick-up truck, or panel truck which is not used primarily in the occupation, profession, or business of the insured, and the term shall be limited to the described vehicles while registered or principally garaged in the State of Illinois.