A common insurance claim in winter months is water damage caused by ice damming. These 'dams' are just that, they are blockages of ice that can form just about anywhere on your roof and they prevent water from flowing off your roof. This water then begins to go backwards up beneath your shingles.
Read MoreThere 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 MoreIt'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.
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