Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.
Mar 30, 2022, 9:50 AM
Moderating temperatures increase the likelihood of severe weather. Heavy rains, straight-line winds, tornadoes, hail, and lightning are sure to be on the radar in the coming weeks. Individuals may have very little time to react. Click on the link to review severe weather terms and tips to establish a response plan.
Mar 23, 2022, 10:19 AM
Actual cash value and replacement cost are both loss settlement terms. ACV reduces the claim for depreciation. Depreciation does not affect replacement cost loss settlements. Click on the link below to learn more.
Mar 16, 2022, 11:02 AM
Consider asking your agent about the Illinois Automobile Insurance Plan when you run out of options. Click on the link to learn more about the Illinois Auto Plan.
Mar 2, 2022, 10:26 AM
Just a few inches of floodwater can cause serious property damage. A separate, stand-alone flood insurance policy enables owners to share flood-related repair costs with an insurance company. Click on the link to learn more.