50 ILCS 840/35

Current through Public Act 103-1052
Section 50 ILCS 840/35 - [Section Scheduled to be Repealed 1/1/2030] Insurance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.

50 ILCS 840/35

Reenacted and amended by P.A. 102-0021,§ 5, eff. 6/25/2021.
Moved from 50 ILCS 835/. See P.A. 100-1129,§ 98, eff. 1/1/2019.
Added by P.A. 100-0585,§ 35, eff. 6/1/2018.