There have been many questions regarding an association's insurance policy and what a unit owner needs to insure. Coverage for an insurance claim is dictated by the language in the "Illinois Condominium Property Act".
Guaranteed Replacement Cost Coverage (or what some companies call Extended Dwelling Coverage) on your home is an option found in some homeowner’s insurance policies. The policy pays the full cost of replacing the home even if this amount exceeds the policy limits.
Read More
It's one of the biggest and most costly mistakes Chicago, Illinois homeowners make: They pay no mind to an aging roof until they see a leak from the inside. The problem: By the time water damage becomes visible from inside the home, there may already be extensive rot and mildew between the ceiling and roof.
Read More