Illinois law requires employers to provide workers’ compensation insurance for almost everyone who is hired, injured, or whose employment is localized in Illinois.
Sole proprietors, business partners, corporate officers, and members of limited liability companies may exempt themselves.
Overall, it is estimated that 91% of Illinois employees are covered under the Act.
An employer that knowingly and willfully fails to obtain insurance may be fined up to $500 for every day of noncompliance, with a minimum fine of $10,000. Corporate officers can be held personally liable if the company fails to pay the penalty.
Since 2006, the Commission has collected over $7 million in fines.
This provides workers the proper legal protection and other employers a more fair competitive arena.
Non-trucking liability insurance provides coverage when a commercial truck is used for personal activities unrelated to business operations, such as running errands, visiting the bank, or attending a child’s event.
Since you are not driving for business purposes, there is no coverage under your Motor Carrier’s liability or business auto policy.
NTL is in most cases, required by the motor carrier with whom the owner/operator has signed a lease agreement.
This insurance fills a potential gap for non-business use of the equipment, and helps to protect the motor carriers’ primary liability policy.
