The personal property coverage section of a homeowners insurance policy covers expensive valuables you own, including jewelry. Most Evergreen Park, IL policies cover losses caused by incidents listed in your policy, such as fire, theft, and vandalism. However, damage to your jewelry is not covered during some events, such as flood damage and lost items. Additionally, homeowners insurance policies have limits on how much they payout, and sometimes the jewelry in the home is far more expensive than the coverage. 

The experts at Martin Insurance Team understand you want to protect your expensive belongings, so give them a call to discuss insurance options for your jewelry. 

Standard Homeowners Insurance Coverage

Standard homeowners insurance covers jewelry from the listed incident in the policy, such as fire and theft. Coverage for personal property has a limit, and the payout is after subtracting the policy’s deductible. In some cases, the policy does not cover the item’s actual value, especially after having to pay out of pocket for the amount of your deductible. 

Events With No Coverage

The insurance company does not pay out if the jewelry is misplaced. Additionally, most basic insurance policies do not have flood coverage, which means if a flood damages the item, it is not covered. Protect your jewelry and other expensive personal items by speaking with your agent about adding additional coverage for events such as flooding. 

Jewelry Insurance

If you have jewelry that exceeds the value of your policy limits, you may want to consider shopping around for a specific jewelry insurance policy. Jewelry insurance policies cover theft and damage from covered incidents. 

Evergreen Park, IL, homeowners can shop for additional coverage to protect their jewelry. For further assistance insuring expensive items, such as an engagement ring, call the experts at Martin Insurance Team. 

If you’re a landlord in Evergreen Park, IL, you must know better how difficult it is to deal with tenants. Whether you own residential properties or commercial properties with tenants, you may want to get landlord liability insurance to protect your investment.  If you haven’t heard about this critical policy, Martin Insurance Team recommends learning the coverages and determining your needs before purchasing.

What is Landlord liability insurance?

A landlord insurance policy is a type of property insurance policy designed to protect you from damage and injury claims related to your rental property. It helps pay for expenses if you’re found legally responsible after an injury that happens on your property. Anyone living, visiting or passing by your property can sue you for injuries they sustain while in your property. 

Do I need it?

Absolutely. Home insurance doesn’t cover homes that you rent out. If anything happens to your rental properties, you may incur significant losses if you don’t have a backup policy. Landlord liability insurance typically covers the structure and liability that prevents you from paying out-of-pocket costs if you’re found at fault in some situations. If you bought the property through a mortgage, your lender might need you to have landlord liability insurance to protect the investment.

How much landlord insurance should I get?

When deciding the amount of landlord insurance to buy, you need to do several calculations to ensure you’re not underinsured. Begin by assessing your insurance needs by checking risks. If it’s a commercial property, know the type of business being run and your risk of getting sued. Next, check the value of the building and determine how much you’d need to rebuild based on the current market price. Don’t forget to keep the building in tip-top condition to avoid unnecessary lawsuits from tenants.

Buying landlord insurance in Evergreen Park, IL?  Feel free to contact Martin Insurance Team, and we will be happy to help.

Getting more liability insurance is a smart choice these days. Not only is society a litigious one, but there is also the problem of escalating medical costs. To protect yourself against accidents you may be liable for, you need umbrella insurance. If you are interested in this type of insurance, contact us at Martin Insurance Team in Evergreen Park, IL to find out more. 

Home and Auto Liability Coverage

When you already have home and auto insurance, you may feel that you are well-covered for your liability. However, these policies often come with very little liability protection, especially with medical costs going up. You could find yourself having to come up with the overage if your home or auto policy doesn’t pay enough to cover the resulting bills. Umbrella insurance is a type of policy that adds more liability coverage to both your home and your auto policies. 

Two-Step Liability Protection

When you have an umbrella insurance policy, it works in two steps. The first step is that the person’s home or auto policy will come in and pay for the bills you owe for your liability. If the coverage is enough to cover it, then that’s all that happens. However, if the policy doesn’t pay out enough to cover all of the bills, there is a second step. The umbrella policy comes in and pays that overage amount so that you don’t have to. It’s a great way to ensure that you are well-covered for situations that you can be held liable for. 

Get Your Umbrella Policy

If you’re interested in having more liability coverage, call us today at Martin Insurance Team in Evergreen Park, IL to talk with an agent about this important coverage. 

As a transport business owner, you need to carry insurance if the cargo, truck, or equipment is damaged or stolen and liability insurance to cover the costs of your actions cause any damage. There are many different trucking insurance policies to choose from, depending on your circumstances. For instance, the policy you choose may depend if your shipping company transports goods by land, air, or water.  These days, with internet marketing, many companies require international shipping to deliver goods to their clients from other countries. Therefore you may need a specialized cover depending if you transport cargo nationally or internationally.
If your company is based in Evergreen Park, IL  Martin Insurance Team can help you choose the comprehensive policy to ensure you are sufficiently covered for any eventuality. When choosing your policy, consider the risks it covers.  At the very least, a policy should cover you for any damages suffered through a collision. If your truck, full of cargo that belongs to other people, is involved in an accident, a policy will need to cover that cargo’s replacement costs. Additionally, the policy will need to cover the costs for the damages caused to your truck.  What if your truck has been totaled in the collision? Your insurance will cover the cost of buying a new truck. You may also need the liability coverage needed for the costs of medical expenses to your driver or others involved in the collision.

Running a trucking business is not easy, and many perils can make your business vulnerable. Storms, theft, fire all can cause irreparable damage. To ensure that you and your cargo are protected, let Martin Insurance Team assess your business’s needs and help you choose the perfect cover so that you can concentrate on running your business safely.

If you’re operating a trucking business or you have your own truck as an owner-operator, you may need trucking insurance. In the Evergreen Park, IL area, Martin Insurance Team can help you get that coverage in the right way for your company. You’ll want a policy that protects you well, and that meets your needs and goals for the present and the future. There’s no reason to settle for less than the right coverage you can rely on, so you’ll have good peace of mind as you travel the roads and deliver goods.

A trucking company will want to make sure all their vehicles and drivers are covered, of course, but many truck drivers are independent. They own their own truck and they contract with others. In that case, those drivers may want to have their own insurance policy since they generally aren’t employees of another company. Instead, they are self-employed and have the freedom and responsibility that comes with that label. By working with trusted agents, it’s much easier for you to get the kind of quality policy and protection that’s needed for your truck and any type of business entity you have.

Reach out to us at Martin Insurance Team today, and let us help you find the right trucking insurance policy. If you’re in or around the Evergreen Park, IL area we can help you get the support and information you need to choose the best coverage for your particular situation. That will help you have the security your trucking business needs to grow, and the confidence you’re looking for as a business person, as well. We’re here to help, and we know there are policy options available that will work for you no matter what type of trucking business you’re operating.

It’s not always easy to get something for free, but with the right policy, you can get tax-free retirement insurance you can enjoy in your golden years. If you’re in the Evergreen Park, IL area and have questions about this kind of insurance, Martin Insurance Team can help give you answers. The most common way for people to insure themselves like this is through permanent life insurance. With a policy that builds value over time, withdrawals can be made from it in later years and those are not taxed. That means free income in retirement.

For those who are focused on a future where they can retire and relax, making good decisions now is one of the ways to help ensure a better future. People are often staying in their careers longer than they used to, and that’s sometimes out of necessity. But with the right type and level of coverage that may not be an issue you need to concern yourself with. Instead, you can set up ways to have a better retirement, where taxes aren’t a problem and you have what you need to spend your later years enjoying all that retirement has to offer.

If you’re in the Evergreen Park, IL area, reach out to us at Martin Insurance Team today. We can help you get information on tax-free retirement insurance, so you can decide if there’s a policy that’s right for your needs. These kinds of policies may not be the best choice for everyone, so it’s important to look at your specific situation and make an informed decision about what retirement will look like for you, as well. But with our trusted agents helping you make choices that fit your lifestyle, you can feel good about any policy you select.

Those that are in the Evergreen Park, IL area are going to have many different personal insurance needs. One type of insurance that all people in this area heed to have is health insurance. There continue to be a number of reasons why residents in this part of Illinois need to have health insurance at all times.

Insurance Provides Access to Care

A primary reason that anyone will need to have health insurance is that it will provide access to affordable care. Being able to see a doctor regularly, getting access to medication, and receiving procedures when necessary is very important. Unfortunately, those that are not covered by insurance will find that the cost of these procedures is extremely expensive. When you have health insurance, you will be able to receive the care that you need at a far more reasonable cost.

Insurance is a Requirement Today

You will also need to get health insurance because it is a requirement to maintain. Today, all people are required to provide evidence of consistent health insurance coverage. If you are not able to provide this evidence due to lack of coverage, you may be assessed a penalty when you file your taxes. 

Anyone that is going to get a health insurance policy in the Evergreen Park, IL area will find that there are many different options to choose from. When you are in the market for a new health insurance policy in the Evergreen Park area, you should call the Martin Insurance Team. Picking a health insurance plan can seem quite complicated and there continue to be many options to choose from. When you call the Martin Insurance Team, they can help you determine what type and level of coverage is right for you.