Illinois law generally does not require you to purchase Comprehensive and Collision coverage simply because you own a business vehicle.
However, a lender or leasing company may require it.
Comprehensive
May cover qualifying losses involving events such as:
- Theft
- Vandalism
- Fire
- Hail
- Falling objects
- Glass damage
Collision
May cover qualifying physical damage caused by collision with another vehicle or object.
Coverage is subject to the policy deductible and terms.