Car owners young and old deserve some answers to the most common questions about car insurance, so we answered them!
If you cause an accident, be prepared to pay your deductible. After you’ve done that, your insurance company should pay the remaining costs, including damages or medical expenses you caused to other parties involved.
Generally, the other driver’s liability coverage will pay for medical expenses and repairs to your vehicle. If, however, the other driver’s insurance is insufficient to pay your costs, your uninsured or underinsured motorist coverage can step in to make up the difference.
If possible, it's in your best interest to contact your agent first to discuss options available based on your situation. If unable to connect go straight to your insurance carrier to file your claim. You can file your claim either online or over the phone.
If you cause an accident, be prepared to pay your deductible. After you’ve done that, your insurance company should pay the remaining costs, including damages or medical expenses you caused to other parties involved.
Young drivers face higher risks, and their insurance premiums reflect that. To keep costs manageable and ensure safety:
Businesses deserve excellent insurance resources, and that's what we're here to provide! Our Business Insurance FAQs are just the start!
The insurance your business requires depends on your industry, operations, and specific risks. Common coverages include General Liability, Commercial Property, Workers’ Compensation, and more. Each policy is tailored to protect your business from potential liabilities and losses.
If your business has employees, workers’ compensation is typically required by Illinois law. This policy covers medical expenses and lost wages for employees injured on the job, protecting both your workforce and your company.
Explore Workers’ Compensation Insurance
General Liability Insurance protects your business from third-party claims of bodily injury, property damage, and legal expenses. This is a foundational policy for businesses of all sizes to safeguard against unexpected lawsuits.
Cyber Insurance helps protect your business from data breaches, ransomware attacks, and other cyber threats. It covers costs like data restoration, notification expenses, and legal fees. This is critical for businesses that store sensitive customer or employee data.
Yes, contractors face unique risks and often require specialized policies, such as Contractor’s Liability Insurance, to cover injuries, property damage, and equipment losses. It’s essential for compliance and peace of mind on job sites.
Commercial Auto Insurance provides coverage for vehicles used for business purposes. This policy protects your company against liability, damage, or theft involving business-owned vehicles.
Curious about some of the most common insurance questions asked, in general? Hop on over to the right, and find some answers.
Insurance is a contract between you and an insurance company. It provides financial protection against unexpected events like accidents, natural disasters, or lawsuits. Whether it’s auto, home, life, or business insurance, having the right coverage ensures you aren’t left financially vulnerable.
Explore our comprehensive Personal Insurance options
Several factors determine your insurance premiums:
To save, consider improving your credit score, bundling policies, or increasing your deductible.
Learn about Commercial Insurance to protect your business at competitive rates.
Liability insurance helps protect you from legal and financial risks if you’re responsible for causing injury or damage. Examples include:
Liability insurance is essential for safeguarding your assets from costly lawsuits.
Understand General Liability Insurance for businesses
The coverage you need depends on your circumstances, including your assets and risks. Auto insurance should exceed state minimums, and home insurance should cover the full cost to rebuild your home. For businesses, coverage should address industry-specific risks, such as property damage or liability.
Check out Homeowners Insurance options for protecting your property.
To file a claim, contact your insurer immediately to report the incident and provide details. Document the damage with photos and receipts, and submit any required forms, like repair estimates or police reports. Your adjuster will review the claim and guide you through the resolution process.
Some common insurance gaps include:
Regularly reviewing your policies with an experienced agent can help you avoid these risks.
Whether you're a new homeowner, or you've had one for thirty years, we're sure that you've got some questions. We've got answers!
Homeowners insurance covers three primary areas:
Additional coverages, like water backup or replacement cost, can be added for comprehensive protection.
Filing a claim starts with documenting the damage—take photos, gather receipts, and write descriptions of any lost or damaged items. Then, contact your insurance provider promptly to report the incident and provide details. An adjuster will assess the damage and help guide you through the claims process.
Renters insurance provides valuable protection for tenants by covering your personal belongings, liability, and additional living expenses in case of a covered loss.
Here’s what it typically includes:
Your condo association’s master policy covers shared areas like hallways, roofs, and exterior walls. Depending on whether it’s an “all-in” or “bare walls” policy, it may or may not cover fixtures inside your unit. It’s crucial to understand the scope of the master policy so you can choose appropriate individual coverage.
Standard homeowners insurance does not cover damage caused by floods. To protect your home, you’ll need a separate flood insurance policy. This is especially important if you live in a flood-prone area or near bodies of water.
Yes, bundling your home and auto insurance is a great way to save money while ensuring both policies work together seamlessly. Many insurance companies offer discounts for bundling, and it simplifies managing your coverage. Hicks Insurance Group can help you explore bundling options that maximize savings.
It's not always easy to ask about life insurance—so we've picked some of the most common questions, and put them here for you.
Life insurance is a financial safety net that provides your loved ones with money in the event of your passing. It can cover expenses like funeral costs, mortgage payments, and daily living expenses, ensuring your family remains financially stable. Life insurance is a critical component of long-term financial planning.
The best choice depends on your financial goals, budget, and coverage needs.
Explore Term and Whole Life Insurance Options by clicking the links above!
Most experts recommend coverage equal to 7-10 times your annual income. Consider your family’s current expenses, future financial goals (like college tuition), and any outstanding debts when determining the right amount. An experienced agent can help tailor coverage to fit your situation.
Get in touch with a representative to find out how much coverage you might need
Disability insurance provides financial support if you’re unable to work due to an injury or illness. Here’s what it typically includes:
Short-term individual health insurance provides temporary coverage for those in transition, such as between jobs, recent graduates, or individuals waiting for long-term coverage to begin. These policies typically cover basic medical expenses like doctor visits, emergency care, and hospital stays, but they often exclude pre-existing conditions and preventive care.
Retirement annuities are long-term financial products designed to provide a steady income during your retirement years. They work by allowing you to contribute a lump sum or series of payments to an insurance company, which then pays you back periodically, either immediately (immediate annuity) or after a set period (deferred annuity).
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