Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.
Jul 22, 2020, 4:53 AM
Medical bills related to a guest's slip and fall injury can be turned in as a homeowners insurance medical payments claim if the accident occurred on your property. Medical payments pays medical bills up to the coverage limit, often $1,000. Fault is not a factor. Household members are not eligible to receive medical payment benefits. Click on the link to learn more.
Jul 15, 2020, 8:29 AM
Ask a local agent to help you determine the replacement cost of your home. It is best to choose this figure as your dwelling insurance limit. Not having enough coverage on your home can result in a claim settlement far less than the cost to restore damages. Click on the link to learn about optional buy-back endorsements that help policyholders avoid this situation.
Jul 8, 2020, 5:21 AM
Owners pour considerable financial resources, time and energy into their homes. Most buy homeowners insurance to protect this investment, knowing the cost to repair or rebuild after sudden and unexpected loss can be significant. There is often uncertainty when it comes to choosing a dwelling coverage limit. Click on the link for tips.
Jul 1, 2020, 4:42 AM
Life insurers typically pay claims quickly, but knowing what to expect as a beneficiary can speed the process. Click on the link for more information.