What is Accident Forgiveness in Auto Insurance?

Posted on April 26, 2021April 26, 2021 by admin

If you have just purchased a car and you have been involved in the first accident in Spring Grove, IL, you might request your insurance provider for forgiveness. Spring Grove Insurance indicates that auto insurance forgiveness is a clause in the insurance industry that is unfortunately unknown to many car insurance holders. This means that the number of people asking for forgiveness is minimal. Why is it necessary to ask for auto insurance forgiveness?

Have Additional Savings

As a rule of thumb, insurance companies will always increase your insurance premiums if you are involved in an accident. The more accidents you have, the more premiums you will have to pay. However, with insurance forgiveness, your insurance premiums will not change, and you will therefore end up making some important savings that you would have otherwise paid as premiums.

Maintain Good Driver Discounts

Insurance forgiveness is very common to good drivers who are rarely involved in an accident or anything wrong while on the road. Good drivers who accumulate points are likely to lose them when they are involved in an accident. However, when one gets auto insurance forgiveness, they will not lose their good driver discounts, which means that their reputation on the roads will be maintained.

Peace of Mind

There is nothing better than receiving a call from your motor vehicle insurance company that you have received forgiveness. You get the needed peace of mind when struggling if involved in an accident. No person wants to experience additional financial expenses, and auto insurance forgiveness helps people live in peace.

Not every auto insurance company discloses auto insurance forgiveness. In fact, most companies do not give their customers any forgiveness. However, at Spring Grove, IL, Spring Grove Insurance has been giving its customers reliable auto insurance policies for many years, and you will access the same benefits if you join us. Contact us to get more information about insurance forgiveness.

Why commercial insurance is right for your home business

Posted on March 28, 2021March 28, 2021 by admin

Home businesses have become increasingly popular. Not having to buy or rent a business location is a big cost saving. Whether it is a converted garage, basement, or just an office, operating from home is an advantage many opt for. At Spring Grove Insurance in Spring Grove, IL, we are here to talk to home business owners about the risks of operating out of your home and how to mitigate that risk. You may not be as covered by the insurance you already have as you think,

Home insurance

Your personal home insurance is designed to protect your home from many perils. It is not designed to cover a home business. Home insurance covers content, but you may find out the hard way that inventory, business machinery, and even office furniture are not covered or have limited coverage. Many home policies have caps on the amount they will pay for damage to a home office. Data loss and loss of income are not covered in any way by home insurance.

Where home insurance is grossly inadequate is in liability coverage. If you have customers or clients visiting your office or business in your home, and they are injured, or if they decide to sue you due to a product or service you provide, you could find yourself without any coverage or enough coverage.

Car insurances

If you are driving your personal car for business, you may find you are not covered. Many insurance policies don’t cover the business use of a personal vehicle.

Business interruption insurance

If something happens to your business, you need business interruption insurance to keep some money coming in, so you can meet your normal expenses. This is just one of the many valuable commercial insurance coverages your home business needs.

Contact Spring Grove Insurance in Spring Grove, IL for all your commercial insurance needs.

Why Liability Coverage Is A Big Part Of Your Home Insurance Policy

Posted on February 24, 2021February 24, 2021 by admin

Based in Spring Grove, IL, Spring Grove Insurance serves the community by offering residents insurance coverage. We proudly serve as an independent insurance agency. We strive to create long-lasting relationships with our clients to find the right policies for their situations.

Why Liability Coverage Is An Important Part Of Your Home Insurance Policy

Your home is one of your most prized possessions. It’s likely the place where you spend most of your time. Home insurance allows you to protect your investment. Your property is covered if it is vandalized or damaged due to severe weather or an accidental fire. All of your personal items are also covered if they are stolen or vandalized. You can add special coverage to protect the extra structures on your property, such as your garage or fence. One of the most important parts of your home insurance policy is liability coverage. You’ll likely have some visitors over to your Spring Grove, IL residence. Liability coverage protects you if someone gets injured while visiting your property.

Liability coverage also protects you if you accidentally cause damage to someone else’s property. If you have a pet, liability coverage can prevent a dispute if your pet bites someone and injures them. If you have a trampoline or another high-risk accessory on your property, liability coverage can protect you if someone gets injured. Though, you also have the option to add umbrella coverage as another layer of protection.

Other Areas Of Coverage

If you are involved in a potential liability dispute over something you said, you will be covered if you are accused of slander. If you plan to throw a party at your home, liability coverage will protect you if one of your guests gets sick or if someone accidentally damages your neighbor’s property.

Spring Grove Insurance Will Help You Protect Your Assets

Visit our website today to learn more information about home insurance.

Is RV insurance a good idea in Illinois?

Posted on January 28, 2021January 28, 2021 by admin

Those in the Spring Grove, IL area that dreams of exploring all that the state and country have to offer should think about investing in an RV. When you decide to invest in an RV, getting the proper coverage is important. A great way to cover this asset is with RV insurance.

RV Insurance Will Protect Asset

A reason that you should always get an RV insurance plan is that it can protect your asset. There is always going to be a high cost and investment when you do purchase an RV. If you want to ensure that this investment is protected, you should carry a full RV insurance plan at all times. When you have this coverage, you will know that you can repair or replace it following a bad accident or if it is stolen.

RV Insurance Keeps You in Compliance

You will also want to get an RV insurance plan because it will keep you in proper compliance. Anyone that would like to own an RV and drive it will have different insurance obligations. Those that have used a loan to buy the RV or want to drive it on a public roadway will be required to have some level of coverage. With a full RV insurance plan, you will know that you are in good standing with these requirements.

If you would like to get RV insurance in the Spring Grove, IL area, you should call Spring Grove Insurance. When you work with Spring Grove Insurance, our team can help you assess your different needs and options. Based on this assessment, it will be easier to choose a policy that provides the proper protection for your RV.

Who needs to get motorcycle insurance in Illinois?

Posted on December 24, 2020December 24, 2020 by admin

People in the Spring Grove, IL area that are looking to get a new vehicle to drive should consider a motorcycle. For people with a motorcycle, it will give you a fun mode of transportation that is also efficient. As you are looking for one, you do need to think about insurance. There are several situations when someone needs this coverage.

Those Looking to Protect Asset

One situation when someone will need to get motorcycle insurance is when they want to protect their asset. A motorcycle is a big investment, and you will want it to provide you with a mode of transportation for a long time. To ensure that your investment will pay off in the future, you should get a motorcycle insurance policy. With this coverage, you can have the protection needed to repair or replace your asset if you incur a loss.

Those Looking to Stay in Compliance

Another situation when someone will need to get motorcycle insurance is when they want to stay in compliance. Those who want to drive on a public road in this state need to meet the state’s insurance coverage standards. When you get a motorcycle insurance policy, it will have the liability protection that you need. This can ensure you remain in good standing with the law and avoid penalization.

There continues to be a lot of reasons for someone here to get motorcycle insurance. When you are ready to start looking for your next motorcycle insurance policy, it would be a good idea to call Spring Grove Insurance. For people in the Spring Grove, IL area, the Spring Grove Insurance team is a great resource. The insurance professionals can help you understand your needs and give you the support needed to build a great policy.

How can I benefit from getting boat insurance in Spring Grove?

Posted on November 28, 2020November 28, 2020 by admin

For those that are in the Spring Grove, IL area, the nice long summer months are one of the best times of the year. For those that would like to enjoy the summer as much as possible, investing in a boat can be a great option. When you get a boat, you will have a great way to enjoy all the local waterways fully. For those looking for a boat here, you should also get a boat insurance policy as it could benefit you in several ways.

Coverage for Asset

One way your boat insurance policy can protect you is by providing you with coverage for your boat. If you choose to purchase a boat, you will be making a big investment that you need to protect as well as possible. If you get a full boat insurance policy, it will give you the coverage needed to repair or replace your boat following a loss.

Liability Protection

Another reason to get boat insurance is that it will give you liability protection. When using a boat, there is always a chance that it could result in damages. When you get a full insurance policy for your boat, it will include liability protection to ensure you are covered if you are found responsible.

There are a lot of benefits that come with boat insurance in the Spring Grove, IL area. As you are looking for a new policy here, you should call the team at Spring Grove Insurance. Picking a boat insurance policy requires a lot of thought and consideration. When you work with Spring Grove Insurance, you can receive the guidance you need to understand your options and choose an ideal policy for your situation.

How Much Umbrella Insurance do I Need?

Posted on October 28, 2020October 28, 2020 by admin

When you are already paying for a home, auto, and other insurance policies, it may seem overkill to purchase an umbrella policy. However, having additional coverage can be a blessing in disguise when disaster strikes. In short, umbrella insurance kicks into gear when your liability coverage is exhausted. Generally speaking, an umbrella insurance policy covers the same things, such as your home and auto insurance policy, including vehicle accidents, liability incidents, and storm damage, with a few extra additions like for lawsuits that may arise due to libel, slander, or defamation of character.

For example, let’s say your teenage son is involved in an accident that results in bodily and property damage to a third body. Just those bills alone can quickly balloon into the hundreds of thousands of dollars. In a situation like this, if your auto insurance policy has a limit of $100,000 for bodily injury, then it will pay for any damages up to that amount, but anything over it is your responsibility. Being on the hook for such a large sum of money can be financially devastating. Thankfully, with an umbrella insurance policy, you can purchase additional liability coverage to protect your family and assets in a similar situation.

When it comes time to choose an umbrella insurance policy, look no further than Spring Grove Insurance. Conveniently located in Spring Grove, IL, our team of professional insurance experts takes the time to learn about each of our customers to make personalized recommendations and customize an umbrella insurance policy that best meets your needs. Give us a call to schedule a no-obligation consultation with a member of our talented team.

What type of life insurance is best for me

Posted on September 21, 2020September 21, 2020 by admin

Life insurance is a way to show your loved ones how important they are to you and how much you want to take care of them if you pass away. No one likes to think about passing away, but other than taxes, it is the only certainty in life. Life insurance comes in two basic types. There is some variation between the two types, but generally speaking, you will choose between whole life and term life. Both of them have pluses and minuses and can have a place in a lifetime financial plan. At Spring Grove Insurance in Spring Grove, IL, we are independent agents. This allows us to shop around for our customers to offer them the best products at reasonable rates.

Whole life insurance

Whole life insurance is what it sounds like, life insurance that remains static for your entire life. You often will purchase it when you are young, and it is well priced, and you will pay the same price for the coverage until you die. It does have some real pluses in addition to the rate that never rises, and it earns dividends. This is not going to be a bigger earner, but it will be safe and steady, and if saving is not something you are good at, this is a way to do it painlessly. You can also borrow against the cash value, and there will be cash value that can be cashed in if needed.

Term Life

Term life insurance is insurance that you buy for a set term. The price will remain the same throughout the term, but when the term is over, the likelihood is that the new premium will be considerably higher than the original. It has no cash value, but the monthly cost is lower. You are paying for protection, not saving.

Both types of life insurance can be beneficial, and at Spring Grove Insurance in Spring Grove, IL, we look forward to discussing the benefits of both with you. Please stop by our office or give us a call.

Auto Insurance for Your New Car

Posted on August 30, 2020August 30, 2020 by admin

If you’ve just bought a new car for the Spring Grove, IL roads, then the first thing you should do is get auto insurance. Maybe this is your first new car, and you’re upgrading from a pre-owned vehicle. Luckily for you, Spring Grove Insurance can walk you through all of the in’s and out’s of auto insurance for your new car.

What Does Auto Insurance Cover?

Auto insurance provides you financial coverage in case you get into an accident with your new vehicle. Essentially, auto insurance provides security to help you cover the expenses of certain fees that are associated with accidents. Here are some areas in which auto insurance can usually provide coverage:

Liability
Injury
Medical costs
Property damage
Acts of nature

These are just some of the areas in which auto insurance can provide coverage. To know exactly what type of coverage would be best for you, visit Spring Grove Insurance to get a consultation.

Should I Get Full Coverage?

If you have a new car, you should probably get full coverage. In most states, you legally are only required to have liability. However, full coverage may be more financially beneficial as the costs of repairing newer vehicles are significantly higher than that of a used car. Plus, new vehicles usually include repair costs in the monthly payments, so you may as well get full coverage.

Get the Coverage You Need with Spring Grove Insurance

It’s always better to have coverage and never need it than it is not to have coverage and desperately need it. Having coverage could be the difference between something being easily resolved vs. something costing you a fortune or worse. Let the professionals at Spring Grove Insurance help you find the right coverage for you. Get secured, protected, and covered for your next Spring Grove, IL trip with Spring Grove Insurance!

3 Ways to Improve the Security of Your Small Business

Posted on July 31, 2020July 31, 2020 by admin

Beefing up the security of your small business can help discourage theft, vandalism, and data breaches. If you own a business in Spring Grove, IL, you will do well to invest in the safety and security of your company to reduce your risks of financial loss. These tips from Spring Grove Insurance can help improve your business security.

Invest in a Security System

Invest in a security system for your business to keep it safe from theft and vandalism. Your system should include an alarm, sensor monitoring, smart lighting, interactive video, and other features that will improve the security of your enterprise. You can also upgrade to commercial grade locks on windows, entrance and exit doors and internal doors where costly equipment or sensitive data is stored.

Limit Access to Sensitive Areas

Limit access to areas with costly equipment to minimize the risk of theft. This can be done by distributing keys sparingly or establishing a system wherein employees are required to swipe personal key cards to gain entrance to specific departments such as the finance department. In like manner, limit access to sensitive data to employees on a need to know basis to safeguard your sensitive information.

Purchase Commercial Insurance

Purchase commercial insurance for your Spring Grove, IL business to protect it from perils that can lead to financial ruin. Property coverage will protect your business location, equipment, and inventory from theft, vandalism, and disaster damage. General, product, and professional liability coverage protects your business against liability claims and prospective lawsuits due to work-related accidents, faulty products, or negligence in the services you provide. Workman’s comp coverage protects your workers against accidents on the job. Protecting your employees will help you retain your valuable workforce longer.

Learn more about commercial insurance coverage and costs by contacting Spring Grove Insurance.