Commercial Insurance Protects Your Livelihood

Are you a business owner in the Spring Grove, IL area? If so, are you insured? If not, the agents at Spring Grove Insurance in Spring Grove, IL can get you started on the road to business protection.

Here are the reasons why commercial insurance is so important for your business:

  • It is required by law – most states require business insurance. Without it, your business could face risk if:
    • A customer is hurt at your place of business and sues you
    • Your building or inventory is destroyed in a fire
    • A client’s personal information is in jeopardy when a computer is stolen
       
  • Offers protection to your employees – This is one coverage that is a requirement in most states. Workers’ compensation insurance provides benefits if an employee suffers work-related illness or injury. If will cover:
    • Medical care
    • Lost wages
    • Funeral benefits
       
  • Protection for your customers – A business owner’s policy or BOP combines protection for business liability coverage and business property to help protect them from:
    • Property damage
    • Personal and advertising injury
    • Bodily injury
    • Product liability
       
  • Data breach insurance – protects your business and customers in the event of a security breach.
  • Helps build credibility – having the correct policies in place for your business, employees, and customers shows that you manage risk seriously.
  • Many contracts require business insurance – types of contracts that may need protection are:
    • When you rent your building from the owner or landlord
    • Borrowing money to finance product
    • Loan or client agreements
       
  • Business insurance helps retain and recruit employees – most people look for more than just a wage when searching for a job. Benefits such as health insurance are also important. A company with no insurance will miss out on the best employees.
  • Management is protected – the key individual or CEO that is in charge is covered if there is a costly lawsuit. In most cases, you can add this coverage to your BOP.
  • Business insurance offers protection against natural disasters such as:
    • Fires
    • Flooding
    • Hurricanes
    • Lightning
    • Tornadoes
       
  • Lawsuit assistance – any company can get sued and face legal expenses. If an injured employee sues you, workers’ compensation insurance can help with legal expenses. If that worker suffers a disability, workers’ comp acts as disability insurance and provides them with a benefit.

Business insurance will provide peace of mind – don’t be without it

The specialists at Spring Grove Insurance in Spring Grove, IL will provide a quote or answers to any questions you may have. Contact us today.

Home Insurance Coverage Options

More than likely, your home is where your heart is. Your home is probably where your wallet is also since it is one of the largest investments you will make in your lifetime. The home insurance agents at Spring Grove Insurance in Spring Grove, IL know that you will want to protect your investment and the beautiful home you bought with it as much as you possibly can. The best way to do that is through an adequate home insurance policy.

What Does a Home Insurance Policy Cover?

Your home insurance policy will cover the structure of your house as well as basically everything inside of it. This can include your personal belongings, household items, furniture, appliances, and more. Your policy will also cover outside structures, such as a deck, your garage, or other buildings on the property. If your home falls victim to a fire, an act of vandalism or some sort of natural disaster, your home insurance policy will assist you in making the necessary repairs or even in rebuilding your home if necessary. Most policies will also cover any of your personal belongings or other items that are stolen during a burglary or robbery at your home.

If you owe a mortgage on your house, you will more likely be required to have a home insurance policy in place. Even if you paid cash for your house or you have already paid it off, it is imperative for you to have an adequate amount of home insurance in place in the event that something tragic happens.

Contact Us Today

To ensure that you acquire the appropriate amount of home insurance for your property and your situation, you will want to contact the experienced and knowledgeable home insurance agents at Spring Grove Insurance in Spring Grove, IL. Call for an appointment today to get your policy started!

Full-Timer RV Insurance Explained

Perhaps you have traveled the country in your RV and found Spring Grove IL the perfect place to settle down. Or maybe you’ve parked your RV in your driveway for years and now that you retired, you want to travel the country with your RV as your full-time home.

Let Spring Grove Insurance help you update your RV policy, so you obtain the correct coverage because you’ll need a different policy to cover your RV. You will need a full-timer policy, which covers your RV like a home instead of like an automobile.

Full-Timer RV Insurance: What You Need To Know

Your typical RV policy offers coverage like that of an auto policy – liability, personal property damage, bodily injury and death, comprehensive, and collision insurance. That’s because you drive it on the road and that increases your chances of an accident.

When you decide to live in your RV full time, you need to amend your policy. You’ll typically tie down the RV much like you would a mobile home. It will receive a permanent electrical line and water line, even if you need to use a holding tank for the water. You’ll no longer move it from one location to another.

For that last reason, you’ll drop your bodily injury and death coverage and collision coverage but increase your comprehensive coverage and liability coverage. You increase the latter two policy types because you will have other individuals in your RV as your home more often, which increases your liability. Increasing your comprehensive coverage means you’ll obtain higher coverage limits for named perils such as fire or tornado.

Get RV Insurance Today

Contact Spring Grove Insurance serving the greater Spring Grove, IL community for more information on full-timer RV coverage. Let us help you update your policy to protect your financial investment.

Why Should You Get The Maximum Motorcycle Insurance For Your Protection?

Spring Grove Insurance provides insurance services to the Spring Grove, IL area. If you enjoy commuting or weekend rides with your bike on scenic back roads and amazing cityscapes then you already know the basic insurance requirements in Illinois. Here are some reasons to consider increasing your coverage before you take your next trip. 

Motorcyclists Face Unique Risks On The Open Road

Chances are if you get into an accident on your motorcycle the physical injuries you receive to your person are going to be significantly worse than they would be if you were in another vehicle. This increased physical risk alone is reason enough to increase your coverage to fully protect yourself and any passengers on your bike. 

Motorcycles are easier to steal than other vehicles so a policy that covers theft is vital to offset this risk. Motorcycles are also vulnerable to accessory damage or theft and specific coverage for these items or events can save the day if your bike is tampered with or stolen from. We will be happy to answer any questions you have about the items that may be covered within an insurance policy or add-on. 

If you store your motorcycle on the back of your RV or truck during long trips you face unique risks to the bike that should be considered when you purchase your auto, RV, and/or motorcycle coverage. 

Give Us A Call

Contact us at Spring Grove Insurance if you are interested in an insurance policy for your motorcycle or if you have any questions about specific coverage, we love to find ways to protect your assets to the fullest and even save you money. We serve Spring Grove, IL and the surrounding areas.

5 Things You Need to Know About Boat Insurance

If you’re a boat owner, then you know that there’s nothing quite like spending a day out on the open water. Whether you’re fishing, sailing, or just enjoying the scenery, being on your boat is an enjoyable experience. However, accidents can happen even when you’re being careful. That’s why it’s important to have boat insurance. Consult with Spring Grove Insurance in Spring Grove, IL for expert insurance advice.

Here are five things you need to know about boat insurance:

1. It Covers More Than Just Your Boat

Boat insurance doesn’t just cover your boat. It also covers any damage that your boat may cause to other boats or property. In addition, it can provide liability coverage in the event that someone is injured while on your boat. In addition, many policies also cover personal belongings that are on your boat.

2. There Are Different Types of Policies

There are different types of boat insurance coverage available. The type of coverage you need depends on the type of boat you have and how you use it. For example, if you use your boat for racing, you’ll need a different policy than someone who uses their boat for leisurely cruising.

3. You Can Buy Additional Coverage

In addition to the coverage that is included in your policy, you can also purchase additional coverage. This can include things like towing and labor coverage, as well as fuel spill coverage. You can also purchase coverage for items that are not covered by your regular policy, such as fishing equipment.

4. There Is a Difference Between Agreed Value and Actual Cash Value

When you’re shopping for boat insurance, you’ll see that there are two different types of coverage available: agreed value and actual cash value. Agreed value means that in the event of a total loss, you will receive the full value of your boat. Actual cash value means that you will receive the depreciated value of your boat.

5. Your Homeowners Insurance May Cover Your Boat

In some cases, your homeowners’ insurance policy may cover your boat. However, it’s important to check with your insurer to see if this is the case. Some insurers will only cover certain types of boats, and others may have limits on the amount of coverage they will provide.

Get Boat Insurance in Spring Grove, IL

Now that you know more about boat insurance, it’s time to get your own policy. Spring Grove Insurance offers comprehensive boat insurance policies that will give you the coverage you need. Contact us today to get a quote.

Does Umbrella Insurance Cover Me If I’m Sued?

The threat of getting sued in America is real. According to reliable statistics, an estimated 20 million civil cases are filed in the US annually. Tort cases such as slip and fall, injury resulting from negligence, and wrongful death suits make up 11% of these civil cases. Many people in Spring Grove, IL and beyond get umbrella insurance hoping that it will cover them if they get sued. So, does it?

Umbrella Insurance Covers You in Lawsuits

One of the primary objectives of umbrella insurance is to provide coverage to the policyholder against lawsuits. The coverage will pay for your legal fees, court fees, and settlement. This means that you won’t have to spend any money from your pocket to pay your attorney. Additionally, if the court orders you to pay a settlement to the complainant for injury or property damage, you won’t have to use your money; your umbrella coverage will pay it. This is why at Spring Grove Insurance, we always advise our customers to get umbrella insurance.

What Else Does Umbrella Insurance Cover?

  • Liability that exceeds your regular insurance coverage policy limits: Umbrella insurance will cover liability that exceeds the policy limits of your homeowners, renters, auto, and boat insurance. For instance, if you have a homeowners policy with a $300,000 maximum payout limit and one day you host a party in your home, and one of the visitors drowns, you might have a wrongful death liability of 1 million dollars. Your homeowner’s policy will only pay $300,000, but your umbrella insurance will save by paying the $700,000 balance.
  • Liability outside of your regular coverage: If you have a renters or homeowners policy, it will cover injuries caused by your pet in your home. However, you are covered by these policies if your pet injures someone when you are walking it on the road. Umbrella insurance will cover this liability. 

Give Us A Call

Do you want umbrella insurance in Spring Grove, IL? Call Spring Grove Insurance today.

Do I Need Life Insurance If I Am Child-Free?

For many parents, getting life insurance is a no-brainer. However, if you are childless, you may be tempted to forgo it. Does it make financial sense to insure yourself? What if you have a spouse? If you have no dependents, who will take on the burden of your final expenses? For the greater Spring Grove, IL area residents, Spring Grove Insurance is here to help answer those questions and more.

Why should I have a life insurance policy if I’m not married with kids?

If you’re a single person without children, you may not think that you need life insurance. However, you should not ignore the importance of life insurance as a means of protecting your other loved ones in the event of an untimely death. Without a policy, your spouse, parents, or even business partners could be left with your debts. Even a small policy can help pay for the funeral expenses.

Many insurance companies offer life insurance policies targeted at young adults. These policies can be cheaper than those meant for older adults with families to protect. Later on, if you get married or decide to have children, you may be able to adjust your policy to include more beneficiaries. If you are dedicated to remaining child-free, your life insurance can be designated to benefit other qualified persons.

Who can be my beneficiary if I don’t have a spouse or children?

A beneficiary can be anyone who has an "insurable interest in the life of the insured". These persons would suffer a significant financial loss in the event of your death. For example, close relatives such as your parents, grandparents, or siblings can be designated beneficiaries because they might be the ones who take on your final expenses and debts. Unrelated persons may also be designated, such as business partners or best friend. In the end, it is up to the insurance company to determine whether your proposed beneficiaries have an appropriate insurable interest.

If you are a resident of the greater Spring Grove, IL community who wants to explore more about life insurance, please reach out to Spring Grove Insurance today!

Things you should always carry with you in your vehicle

Most people count on their vehicles to do the activities of daily living. For many people, this means driving to work. It may be heading to the grocery store, taking your children to school, or running errands. Having the right auto insurance means you and your vehicle are both protected. As independent insurance agents at Spring Grove Insurance in Spring Grove, IL, we have a lot to offer our customers as far as service and choices go. We have access to more insurance carriers than captive agents. 

Things to carry in your glove box

Your glove box allows you to carry quite a few things that can be very useful. Have a pen; you never know when you need to sign something. Be sure to have a tool that can cut your seatbelt and break your auto window if you are in an accident and end up trapped in your car. A small flashlight can be very helpful. An extra cord to charge your cell phone. We all know there is no such thing as too many charger cords.

Things to have in your trunk

You should have a spare tire and a jack in your trunk. A car charger like a Halo is excellent if your battery won’t turn over. A can of Fix A Flat to repair a flat tire. Flares are good to have if you are pulled over on the side of the road. It’s always wise to have a blanket, a hoodie, snacks and water in your trunk. 

Documents to carry

You should always have your driver’s license, vehicle registration, and auto insurance card. 

Contact Spring Grove Insurance in Spring Grove, IL,  when you’re ready to discuss your auto insurance. 

 

Why Do Start-UPS Need Commercial Insurance?

Start-ups are the backbone of the economy. They’re responsible for most new jobs, and they can even turn small towns into thriving communities. But they also face certain risks, and this is where commercial insurance comes into the picture. Here are some examples of risks that can be covered by commercial insurance.

1. Risks of Litigation

If you’re a start-up and someone sues your company, it’s going to be tough to pay the legal fees. These costs can quickly outpace any money that the start-up made in its early years. If you own a business, commercial insurance is one of the best ways to protect against this kind of risk.

2. Commercial Property Risks

Commercial property insurance is one of the most common types of coverage for start-ups. This protects against damage to buildings and equipment related to the business. Common causes of loss are fire, natural disasters, theft, and vandalism.

3. Product Liability Risks

Each year, several million people are injured by using faulty products. If your start-up is designing or selling any kind of hardware or software product, it’s vital to make sure you’re protected in case there’s an injury.

4. General Liability

This type of insurance is a catch-all for any other risk that isn’t specifically related to a single category of coverage. It’s the most common choice for start-ups and can cover general lawsuits and costs associated with accidents that happen on a business’s property.

5. Workers’ Compensation

This is an important type of insurance for start-ups that have employees. It provides coverage if someone gets injured or sick while on the job, and it pays medical costs and a portion of their wages while they’re unable to work. This kind of risk can quickly drain a business’s funds, so it’s crucial to be properly protected.

Need Insurance in Spring Grove, IL?

As a start-up, it’s essential that you use commercial insurance to protect yourself from common risks. Spring Grove Insurance offers affordable rates, specializing in business and personal insurance. Please get in touch with us for more information on the types of coverage we provide.

Never Leave Home Without RV Insurance

A recreational vehicle is a prized asset with unlimited fun, especially when touring a country. Undertaking a trip around the countryside in the comfort of a home is a glorious experience for many residents. With your motorhome or campervan, it’s not a must to book a flight or accommodation. You just wake up and plan for your voyage any time you wish!

Irrespective of the breathtaking experience of recreational vehicles in Spring Grove, IL, it’s worthwhile not to forget RV insurance any time you hit the road. Please contact our experienced agents from Spring Grove Insurance and get personalized RV insurance that matches your lifestyle and budget. Here are the reasons why you should never ignore RV insurance.

Liability protection

Irrespective of how vigilant you are while cruising, mishaps may arise, culminating in insurmountable losses. Imagine what transpires when you cause bodily injuries and property damage in an accident with your RV. It would cost a lot, especially when sued. Luckily if you have liability coverage, these unexpected expenses are sorted out.

Protection of assets

RV ownership is exciting, but it comes with inherent risks. Purchasing an RV is a massive investment. Unfortunately, unforeseen situations like accidents, hail, or fire can throw your precious asset in disarray. Without RV insurance, perils can cost you fortunes to repair or restore your RV from the pocket.

Instills peace of mind

The road is full of all sorts of drivers, ranging from drunkards, teenagers, uninsured, and speeding drivers. But since you can’t control the actions of other drivers, you need RV insurance to take care of your worries whenever you hit the road.

RV insurance is a pivotal investment that ensures your RV is solidly safeguarded wherever the fun takes you. Need coverage? Please call or visit our agents at Spring Grove Insurance for a customized, affordable RV insurance plan.