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2013
Dram Shop Liability and Signage Dollar Limits
Amount of minimum
liability coverage allowed for 2013 increased to $206,405.89
The Illinois Liquor Control Act of 1934
[235 ILCS 5/6-21(a)] requires the Illinois Comptroller to
determine each year the liability limits for causes of action
brought under the Act in accordance with the consumer price
index-u (CPI-U) during the preceding 12-month calendar year.
According to the Bureau of Labor Statistics of the United
States Department of Labor, the CPI-U increased 1.74 percent during
the preceding calendar year. Based upon the previous determinations,
the 2013 Dram Shop Liability Limits have been adjusted as
follows:
- For causes of action involving persons injured or killed
on or after January 20, 2013, the judgment or recovery under
the Liquor Control Act of 1934 for injury to the person
shall not exceed $64,057.00 for each person incurring damages;
- For causes of action involving persons incurring property
damage on or after January 20, 2013, the judgment or recovery
under the Liquor Control Act of 1934 for property of any
person shall not exceed $64,057.00 for each person incurring
damages; and
- For causes of action under the Liquor Control Act of
1934 for either loss of means of support or loss of society
resulting from the death or injury of any person on or
after January 20, 2013, the judgment or recovery shall not exceed $78,291.89.
For liability limits dating back to 2005, please click on Dram Shop Liability Limits on the the Illinois Comptroller's Office website. If you have additional questions regarding Dram Shop Insurance,
please call the Illinois Liquor Control Commission at 312-814-2206.
Cost adjustment for signs and other advertising materials
The Illlinois Liquor Control Commission has established the adjusted dollar limitation on an annual basis beginning in January, 1997, and annually every year thereafter. The term "cost adjustment factor" means a percentage equal to the change in the Bureau of Labor Statistics Consumer Price Index-U (CPI-U) or 5 percent, whichever is greater.
Since the CPI-U increased 1.74 percent during
the preceding calendar year, dollar signage limits increased by 5 percent this year. As of January 1, 2013, the following limits apply to the cost of signs and other advertising materials, which manufacturers, distributors and importing distributors provide to retailers:
- $2,047.28 for permanant outside signs;
- $4,586.05 for permanant inside signs; and
- $ 749.12 for temporary inside signs and other advertising materials.
Please click on TPP-10 Signage Dollar Limits for the above limits dating back to 2005. If you have additional questions regarding these limits,
please call the Illinois Liquor Control Commission at 312-814-2206.
Other
Industry Education Links:
News Releases
ILCC Newsletters
Illinois
Liquor Control Act
Browse and/or download
Illinois Liquor Control Commission
Rules and Regulations
Browse and/or download
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