Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.
Sep 27, 2023, 10:45 AM
Not having a car payment gives you the flexibility to buy physical damage insurance - or drop this coverage. However, a liability-only policy provides no insurance for accident-related vehicle repairs. Before removing comp and collision coverage, click on the link for factors to consider.
Sep 20, 2023, 1:19 PM
Surviving a seismic event is not on most Illinoisans' radar. However, the new Madrid Seismic Zone in southern Illinois and the Wabash Valley Seismic Zone in southeastern Illinois put our state at high risk of an earthquake. Northern Illinois' Sandwich and Plum River Fault Lines are also problematic. Click on the link below to learn how to prepare for the possibility of a major earthquake in the future.
Sep 13, 2023, 9:46 AM
Requesting damages from another person's auto insurance company makes you a third-party claimant. Claim settlements for third-party damages are subject to Illinois' modified comparative negligence law. This statute determines which drivers can be compensated for crash-related injuries and property damage and how much they get. Click on the link to learn more.
Sep 6, 2023, 11:09 AM
Homeowners insurance covers personal liability, dwelling, outbuilding, and personal property. Liability pays when you, a person in your household, or your pets are legally responsible for injury to others or damage to their property. Click on the link to learn more.