Illinois General Assembly - Illinois Compiled Statutes

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50 ILCS 840/35

(50 ILCS 840/35) (was 50 ILCS 835/35)
(Section scheduled to be repealed on December 31, 2024)

Sec. 35. Insurance.

(a) Except for a wireless provider with an existing franchise to occupy and operate in the rights-of-way, during the period in which the wireless  provider's facilities are located on the authority improvements or rights-of-way, the authority may require the wireless provider  to carry, at the wireless provider's own cost and expense, the  following insurance: (i) property insurance for its  property's replacement cost against all risks; (ii) workers' compensation insurance, as required by law; or (iii) commercial general liability insurance with respect to its activities on the authority improvements or rights-of-way to afford minimum protection limits consistent with its requirements of other users of authority improvements or rights-of-way, including coverage for bodily injury and property damage. An authority may require a wireless provider to include the authority as an additional insured on the commercial general liability policy and provide certification and documentation of inclusion of the authority in a commercial general liability policy as reasonably required by the authority.

(b) A wireless provider may self-insure all or a portion of the insurance coverage and limit requirements required by an authority. A wireless provider that self-insures is not required, to the extent of the self-insurance, to comply with the requirement for the naming of additional insureds under this Section. A wireless provider that elects to self-insure shall provide to the authority evidence sufficient to demonstrate its financial ability to self-insure the insurance coverage and limits required by the authority.

(Source: P.A. 102-21, eff. 6-25-21.)