Information covered in the Illinois Insurance Hotline blog is intended to provide general information and guidance, and should not be considered legal advice.
Aug 17, 2022, 10:52 AM
Start with verifying policy premium payment status along with deductible, out-of-pocket maximum, and coinsurance requirements. Next, make sure the procedure is typically covered by your plan, and that treatment came from an approved provider. The answers to these questions may explain why benefits were denied. Click on the link for more information.
Aug 3, 2022, 9:52 AM
Owners and tenants often have insurance for sudden and unexpected loss, but homeowners and renters policies do not cover damage caused by floodwater. Flood insurance fills this gap. Click on the link to learn more.
Jul 27, 2022, 10:54 AM
Homeowners and renters insurance covers personal belongings for specific losses outlined in the policy. A personal property inventory is an invaluable tool if you need to make a contents insurance claim. Click on the link to learn more.
Jul 20, 2022, 10:41 AM
Most people own more personal property than they realize. Are you financially able to replace belongings destroyed by fire, tornado, or other unforeseen disaster? Individuals often buy homeowners or renters insurance to share this financial burden with an insurer. A personal property inventory helps policyholders understand their contents insurance needs. Click on the link to learn more.
Jul 13, 2022, 10:12 AM
Consider the Illinois FAIR Plan if you cannot get insurance in the traditional homeowners insurance market. While not a state program, the FAIR Plan is a nonprofit association that operates like an insurance company. The Illinois FAIR Plan is funded by insurers that sell basic property coverage in this state. Click on the link to learn more about the Illinois FAIR Plan.