Sep 12, 2018, 8:58 AM

Illinois is a modified comparative negligence state, which means more than one driver can be responsible an accident. A driver may contribute to a crash without being cited for a traffic violation. The other driver's insurance company may offer 80% of your damages if your action (or inaction) contributed to the crash.

Aug 29, 2018, 5:02 AM

Experts suggest over half the homes in the United States are underinsured by an average of twenty percent. Insurance companies offer a variety of add-ons, and some provide dwelling limit protections. An endorsement changes the terms of the policy. This may add to the cost of the policy or require the home to be insured for its full replacement cost.

Aug 22, 2018, 5:33 AM

Homeowners buy property insurance to share the financial burden of rebuilding or repairing damage from sudden and unexpected loss with an insurance company. Not having the right amount of coverage on the dwelling could result in a claim settlement far below the cost to repair or rebuild. Consider the following tips to get the right dwelling coverage limit.

Aug 15, 2018, 6:27 AM

Homeowners insurance is based on replacement cost, which is not the same as market value. Market value is a real estate term based on the sale price of homes in the area. Replacement cost, on the other hand, is an insurance term based on the cost of rebuilding the entire structure in the same location using similar materials. Homeowners insurance requires you to insure your home according to its replacement cost.

Aug 8, 2018, 4:14 AM

Hundreds of companies are licensed to sell auto insurance in Illinois. Ask an agent about the Illinois Automobile Insurance Plan if traditional insurers are not an option.