December 18, 2024
AgencyDoes Homeowners Insurance Cover Damage from Frozen Pipes?
Water damage from burst frozen pipes is one of the most common and costly issues homeowners face, and homeowners insurance can often help mitigate those expenses. If you don’t have insurance and your pipes burst due to freezing, you will have to pay out of pocket to repair the damage to your home, replace damaged […]
November 14, 2024
AgencyDoes Homeowners Insurance Cover Plumbing-related Damage?
In , , homeowners insurance policies can offer protection for certain types of plumbing-related damage, but coverage depends on the specific circumstances of the incident. Standard policies generally include protection against sudden and accidental damage from plumbing issues, yet they may exclude coverage for gradual or preventable damage, such as that caused by a longstanding […]
September 5, 2024
AgencyWhat is the Difference Between Landlord and Renters Insurance?
Landlord and renters insurance play a key role in protecting the financial interests of businesses, families and individuals. The right combination of policies can help cover all parties in arrangements where they may share stakes, such as while owning, maintaining or occupying rental residences. However, while the right insurance policies can cast a versatile and […]
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 […]