August 29, 2024
Price Insurance5 Ways to Prevent Water Damage to Your Home
Water damage can wreak havoc on the structure and contents of your home, often leading to extensive damage and expensive repairs. These incidents may arise from many situations, including heavy rains, sewer backups, leaky pipes and rapid snowmelt. Given how even a small amount of water can lead to costly and long-term consequences, you should […]
July 15, 2024
Price InsuranceDoes Homeowners Insurance Cover Water Damage?
Water damage is a common and costly issue for homeowners. Whether it’s from a burst pipe or a leaking appliance, understanding your insurance coverage is crucial. Which Types of Water Damage Are Covered by Homeowners Insurance? Homeowners insurance can typically cover the following types of water damage: Sudden and accidental damage—Homeowners insurance typically covers the […]
June 27, 2024
Price InsuranceThe Importance of Home Maintenance for Insurance Coverage
Home insurance is an advisable and often required investment for homeowners. These policies can be critical in financially protecting you, your family and your property. Consider ways you can optimize the cost-effectiveness of your premiums and potentially limit the likelihood of needing to file a claim. One key strategy for achieving these goals is to […]
May 28, 2024
Price InsuranceCyber Insurance and the Risks Associated With Using AI
Artificial intelligence (AI) has revolutionized many facets of the business landscape, offering unprecedented opportunities for growth, efficiency and innovation. However, with these advancements come significant risks, particularly in the realm of cybersecurity. How Has AI Impacted Cyber Risks? Cybercriminals often target AI systems due to their vast data repositories and integral role in business operations. […]
April 25, 2024
Price InsuranceUninsured/Underinsured Boater Coverage
Boating is a great way to enjoy the outdoors, but ensuring you’re protected on the water is important. Uninsured/underinsured boater insurance can help provide peace of mind, knowing that you may have financial protection in the event of an accident with an uninsured or underinsured boater. Is Boat Insurance Required in Illinois? In Illinois, boat […]
March 26, 2024
Price InsuranceDoes My Business Need Employment Practices Liability Insurance?
Does your business need employment practices liability insurance (EPLI)? In the modern business landscape, where workplace dynamics constantly evolve, entrepreneurs and business owners face various challenges. Among these challenges is the need to navigate complex employment laws and regulations. As the employer-employee relationship grows increasingly intricate, so does the risk of potential disputes and lawsuits. […]
March 21, 2024
Price InsuranceProtecting Your Home and Your Memories
Andrew Price and Matty Price Collins from Price Insurance in Lake Forest were recently featured in a JWC Media Group article discussing the importance of proper homeowners insurance coverage. Your home is more than just a structure; it’s where cherished memories are made. Whether it’s a family home, vacation retreat, or city residence, nobody wants […]
February 8, 2024
Price InsuranceHow to Manage Your Personal Lines Insurance in a Hard Market
Personal lines insurance plays a vital role in securing your financial stability and future prospects. Even the most responsible and diligent individuals may be unable to suppress all risks and perils throughout daily life. With this harsh reality in mind, you must turn to opportunities to limit the potential ramifications of various accidents, incidents and […]
January 15, 2024
Price InsuranceThe Benefits of Voluntary Life Insurance
Life insurance can be pivotal in financial planning and safeguarding one’s future. While conventional insurance policies are widely recognized, voluntary life insurance, although often underestimated, constitutes a valuable element. Understanding the intricacies of the benefits provided by this type of coverage can empower individuals, enabling them to make informed decisions concerning their financial welfare and […]
November 20, 2023
Price InsuranceHow Travel Insurance Works
Whether for business or pleasure, traveling the world can be enjoyable and rewarding. However, these journeys may also be wrought with risks and perils that could derail your plans, inflict injuries and incur significant financial consequences. With this in mind, your trip, like any other financial investment, should be secured with appropriate travel insurance. What […]