What Illinois Insurance Companies Don't Want You to Know About Totaled Cars

A screenshot of a legal document from Illinois detailing first-party auto insurance claims. The text explains that if an insured buys a new vehicle within 30 days of receiving a cash settlement for a totaled car, the insurer must pay the applicable sales tax, transfer, and title fees equal to the value of the total loss vehicle. If the new vehicle is worth less than the settlement amount, the insurer must pay only the actual sales tax incurred plus transfer and title fees. The document is formatted with a dark blue header and white text, with 'ILLINOIS' clearly visible in the left column.

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