Information covered in the Illinois Insurance Hotline blog is intended to provide general information and guidance, and should not be considered legal advice.
Sep 30, 2020, 5:00 AM
Yes. Illinois insurers routinely evaluate homeowners policies prior to renewing coverage. A decision not to offer a renewal based on loss experience means the risk of future claims is more than the insurance company is willing to accept. Click on the link for next steps if you find yourself in this situation.
Sep 23, 2020, 5:11 AM
September is National Preparedness Month, a time when individuals are encouraged to prepare for unexpected events. Focus first on a safety plan for yourself and loved ones. Emergencies like tornado, lightning, flood, fire, and more often cause significant property damage. Individuals without a plan for rebuilding, repairing, or replacing damaged or destroyed property face financial hardship. Many property owners shift this burden with an insurance company. Click on the link to learn more.
Sep 16, 2020, 5:03 AM
Natural disasters like tornado, lightning, and flood, along with fire, crime and other unexpected events threaten personal safety. Protect yourself and your loved ones by developing response plans for these unforeseen emergencies. Click on the link to learn more.
Sep 9, 2020, 4:58 AM
Insurance companies routinely evaluate homeowners policies prior to renewing coverage. A decision not to offer a renewal based on loss experience means the risk of presenting future claims is more than the company is willing to accept. Click on the link below to learn more.
Sep 2, 2020, 5:48 AM
Life insurers offer many different types of policies. The answer depends on what type of policy you buy. Click on the link to learn more.