IIA Blog

Information covered in the Illinois Insurance Association blog is intended to provide general information and guidance, and should not be considered legal advice.


Homeowners insurance for owners with bad credit

Feb 22, 2023, 9:52 AM

Bad credit impacts your credit-based insurance score, which may have an effect on homeowners insurance options. A credit-based insurance score is a number derived from a company-specific algorithm. The algorithm analyzes credit history to predict future claims. Insurers have identified a statistical relationship between credit and claims. Those with good credit tend to have fewer claims and pay less for insurance. Click on the link to learn more.

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Is long-term care insurance necessary?

Feb 15, 2023, 9:34 AM

The odds of needing services from a nursing home or assisted living facility, adult day care center, or home health provider increase with age. Private health insurance doesn't cover long-term care. Medicare pays limited long-term care benefits in certain circumstances. Medicaid is for those with minimal assets. Are you prepared to pay for long-term care services out of pocket? If not, consider LTC insurance. A variety of products are available. Click on the link below to learn more.

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Be safe on winter roadways - Part 2

Feb 8, 2023, 9:48 AM

Even good drivers sometimes have accidents. People often turn to an insurance company for help with crash-related expenses. Be certain you have adequate insurance protection in place before a crash occurs. Click on the link for tips to help you avoid a coverage surprise.

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