Anything can happen to your business in Chicago, IL. It’s critical that you have the commercial coverage you need to take care of the unexpected. By working with experienced agents at NCIB Group Inc., you can have a policy that covers every aspect of your business.
Every Industry is Unique
Every industry has unique commercial insurance needs. Even individual businesses require different levels of coverage. You’ll want to consider how your commercial property is used, the level of foot traffic you get, the value of the items you may sell within your location, and more.
An insurance agent will guide you through the various questions to determine enough coverage.
You’ll also want to look at the different types of coverage:
- Business property coverage
- General liability
- Bodily injury
You need to be prepared for every possible scenario, whether a break-in, an employee gets injured, or a customer sues you.
A good insurance policy is tailored specifically to your business. There’s no need to build this independently – that’s how an insurance agent can help you.
Protect Your Business Against Financial Loss
All it takes is one accident or lawsuit for your business in Chicago, IL to lose everything. Some accidents can be extremely costly because of the amount of medical care – and lawsuits can easily clean out your bank account if you’re not careful.
By working with us at the NCIB Group Inc., you can get the commercial coverage that will truly offer the level of protection you need. We’ll take the time to look at what makes your business unique and work to provide coverage against any possible scenario that could plague your property and your operations.
Contact us today to get a no-obligation quote.
Chicago, IL is one of the best places in the country for great boat experiences. You can experience the best in nature and architecture, all while relaxing on the water. But if you have your own boat, you need to know the boat rules.
Illinois boat owners are not required to carry boat insurance. However, you are still responsible for anything that happens if you operate a boat in Illinois. NCIB Group Inc. can help you learn your options to make the best decision about what works for you.
How Can Boat Insurance Protect You And Your Family?
Accidents can happen, no matter how careful you are. Whether or not you are at fault, there may be property damage and medical bills that need to be paid. If you are at fault, you could be the subject of a lawsuit.
If you have liability insurance, you can call your agent and refer the other people to your insurance for the claim. Your insurance will pay damages if you are at fault up to the limits of your policy.
Coverage Besides Liability
If you are not at fault, it is still essential to have other kinds of coverage. Anyone with a loan on their boat will probably be required to have full coverage, but you can keep full coverage after the loan is paid off, so your investment is still protected.
You can also get insurance to protect personal property, fuel spills, watersport activities, and other kinds of coverage. Underinsured/uninsured boat insurance protects you if someone else is at fault in an accident.
Protect yourself while boating in Chicago, IL, by ensuring you have the coverage you need. To discuss your options for boat insurance, please call NCIB Group Inc. today.
Homeowners insurance has the ability to create peace of mind for many. It’s the type of insurance that covers a variety of areas for the homeowner, including the interior and exterior of the home, the foundation, any structures on the property, the homeowner’s personal belongings, and more. The NCIB Group Inc. is committed to helping Chicago, IL homeowners understand the benefits of insurance and what’s covered.
What is Homeowners insurance?
In short, homeowners insurance is designed to pay for the repair or replacement of your home, your personal belongings, property, and more. Personal liability coverage is also included in most homeowners’ insurance policies. The coverage consists of the exterior and interior of your home and your home’s foundation. Homeowners receive coverage in the form of repair, replacement, and actual cash value coverage.
Will homeowners insurance pay for the repair of my flood-damaged car?
No. Typically, homeowner insurance doesn’t cover flood damage. However, if a pipe bursts in your home, your homeowner’s insurance likely covers the repair, replacement, and cleanup. However, damage to your home and personal belongings due to flooding is usually not covered by a homeowners’ policy. Your car insurance may pay for repairing or replacing your flood-damaged car if you carry comprehensive auto insurance. However, liability auto insurance and other forms of auto insurance aren’t designed to cover flood-damaged vehicles. Also, if your car is totaled due to flood damage, specific types of car insurance may not pay for its repair or replacement. However, understand that comprehensive auto insurance is the only form of auto insurance that covers flood damage. Call us if you have more questions about homeowners insurance and what it covers. We’d be happy to help you explore your options.
For many, paying off a car loan or lease is a huge relief. The financial sacrifices you make to pay off a car loan or lease can be difficult. As a result, many breathe a massive sigh of relief to be free from this financial obligation. Our team at NCIB Group Inc. is committed to helping Chicago, IL drivers get the coverage they need.
What is Auto Liability Insurance?
Auto liability insurance is the minimum required for all drivers by state law. Liability insurance covers you as a driver if you are found responsible for an accident while driving. Liability auto insurance provides coverage for injuries you may cause to others and property damage coverage. Illinois requires all drivers to carry $25,000 for personal injury coverage per person and $50,000 per accident. Illinois drivers must also carry $20,000 in property damage coverage.
I own my car. Should I invest in more than auto liability coverage?
If you don’t have a car loan and aren’t leasing your car, you can carry liability insurance and nothing more. However, this may not be a wise choice. Auto insurance has the liability to save drivers a lot of money. Often, the rule of thumb is to drop full coverage auto insurance once your premium is greater or equal to the appraised value of your car. In short, when your vehicle is worth less than the cost of your full coverage auto insurance, it may be a good idea to discontinue. If you have questions about auto insurance, call us. We’d be happy to answer all of your questions and help you explore your options.
Being a property owner has continued to be a good option for Chicago, IL residents. Although there might not be many options, a great type of property to acquire is a condo. With a condo, you will enjoy the advantages of owning a home while not having the same level of maintenance obligations that come with owning a house. When getting a condo, you should also get insurance as it offers valuable protection.
Protect Your Assets
A condo insurance plan is helpful for Chicago residents because it can protect their assets. When you are insured with a condo plan, a part of the policy will offer coverage for the dwelling and your personal belongings. This coverage will ensure you have support if you incur a loss due to a fire, theft, vandalism, or even interior water damage. You can obtain an additional rider to the policy for valuable personal items.
Offset Liability Risks
Getting condo coverage to offset your liability risks is also a good idea. There are a lot of liability risks that come with owning a condo, including if your condo has a leak or another issue that causes damage to other units. When you get a condo plan, it will provide coverage for such situations.
If you are in the Chicago, IL area and want to purchase a condo or any other type of home, you must have insurance. You can be assured that you select the appropriate policy by calling our team at the NCIB Group Inc. When you call us at the NCIB Group Inc., you can have all of your questions answered and can receive the guidance you need to build a new policy.
Workers’ compensation insurance from NCIB Group Inc. is an important safety net for employees and businesses in Chicago, IL. It helps ensure that employees are compensated for any injuries sustained on the job and helps employers avoid costly lawsuits.
Workers’ compensation insurance provides financial protection for employees if they are injured or become ill while working. In most cases, this coverage pays for medical bills, lost wages from missed work, and disability benefits if an injury leaves them unable to continue in their current role. It also ensures injured workers maintain their rights to receive compensation without going through a lengthy legal process or worrying about going up against a major company in court.
For employers, workers’ comp insurance can protect their business from expensive legal fees in case of a workplace injury lawsuit. The coverage also helps guarantee that employees who are hurt on the job will have access to necessary medical care and treatment immediately instead of waiting until after a lengthy court case. And since most states require employers to carry workers’ compensation insurance, having it in place can help prevent hefty fines or penalties in the event of non-compliance with state law.
All in all, workers’ comp insurance is a beneficial form of protection for both employers and employees. It ensures that employees are taken care of in the event of an injury while safeguarding businesses from unnecessary legal costs.
For more information, give us at NCIB Group Inc. a call today. We proudly serve the Chicago, IL area and would happily help you find a policy that suits your needs and budget.
As a boat owner in the Chicago, IL area, you know that it’s essential to take steps to protect your vessel when a storm is coming. Here are a few tips from us at NCIB Group Inc. to get your boat ready for the next storm.
- Anchor your boat securely: Before a storm hits, make sure your boat is anchored securely and check the anchoring line for wear or damage.
- Secure items on board: Ensure all items on board are secured and stowed away safely. This includes life jackets, fishing gear, tackle boxes, extra fuel tanks, and other loose items.
- Check the dock lines: Inspect all dock lines for signs of wear or damage before a storm hits and replace any that need it. Also, ensure they are properly tied off to ensure your boat doesn’t move or drift during the storm.
- Keep an eye on the weather: Regularly monitor weather reports to track the progress of incoming storms so you can prepare accordingly.
- Store away electronics: Before a storm arrives, unplug and store away any electronic devices, such as fish finders or GPS units, that could be damaged in high winds or heavy rainfall.
By taking these simple steps, you can help protect your vessel from potential damage during storms and create peace of mind by knowing that you’ve done everything possible to keep your boat safe!
For more tips, give us at NCIB Group Inc. a call today. We are proud to serve the Chicago, IL area and would be happy to help you find a policy that meets your needs and budget. So don’t wait! Give us a call today!
Buying a house can be stressful, overwhelming, and confusing. There are so many things that you need to do to buy a house. One of those things on the list of things to do when buying a house might include getting home insurance. Many people are confused about what home insurance includes and don’t include. Below is a list of some of the most frequently asked questions about home insurance and answers to those questions.
Frequently asked questions about home insurance.
Is home insurance required in the state of Illinois?
Home insurance is not required by law in most states, including Illinois. However, most lenders require home insurance if you plan to get a loan for your house.
What is not included in a home insurance policy?
Home insurance covers many things, but some things are not covered. Home insurance doesn’t cover maintenance, pests, mold, earthquakes, floods, and acts of war.
What types of home insurance coverage are available?
Most insurance companies offer a variety of similar basic coverage across the board. The basic types of home insurance available include:
- Dwelling coverage
- Other structures
- Additional living expenses
- Personal property or personal belongings coverage
If you live in high-risk places, you can get add-ons to your policy, such as flood and natural disaster insurance, but you must purchase them separately.
How does home insurance work?
You research what home insurance policies are available in your area. Once you choose a company you like, you purchase your insurance policy. If something happens like a fire, hail damage, or someone gets injured on your property, you file a claim with your insurance company.
Contact NCIB Group Inc.
If you want home insurance in Chicago, IL, contact us at NCIB Group Inc.
Auto insurance is mandatory in the state of Illinois. Therefore, if you are a car owner, you will have to have a proper auto insurance policy to drive your vehicle. However, there are hundreds of insurance options to choose from, and it might be overwhelming to find a policy that would address your individual needs. If you are currently shopping for auto insurance in Chicago, IL or any other town in Illinois, here is a list of questions you should ask an insurance agent.
Questions to Ask an Insurance Agent
You should always ask the following questions:
- How much coverage do I actually need? There is a minimum amount of liability coverage you have to carry to comply with state law. However, you may need additional coverage for better protection. You should ask an insurance agent this question to be guided through coverage options and make the right choice.
- Are there any discounts available? You might be eligible for specific discounts, including multi-car, homeownership, and good student discounts. Ask an insurance agent about them.
- What deductible should I choose? The deductible is the amount an insurance holder must pay out of pocket before their insurance kicks in to cover the rest. If you ask an insurance agent about it, they will explain how the deductible affects your premium.
Do not hesitate to ask more questions and get as much information as possible. This will help you avoid mistakes when choosing auto insurance.
NCIB Group Inc. – Insurance Agency in Illinois That You Can Trust
Do you live in Chicago, IL, or any other nearby town and own a car? You should consider carrying proper car insurance. Since choosing the right policy might be more complex than you think, an experienced and reliable insurance agency NCIB Group Inc. is ready to assist you. Feel free to visit our website to get more information, or give us a phone call.
Regarding car insurance, it might be challenging to find a perfect insurance plan, especially if you have never done it before. There are many things to consider, and you should not walk into the process blindly. If you are currently searching for auto insurance in Chicago, IL, or any other nearby town, here is a list of questions you should ask an agent:
What Should You Ask an Insurance Agent?
The list of the most important questions should include the following:
- What types of coverage do I need? Liability coverage is required by law, but there are other types of coverage to consider, including comprehensive, collision, uninsured and underinsured, personal injury protection, and others.
- What is my deductible? There is a certain amount you have to pay before insurance kicks in, It is called a deductible. The higher your deductible is, the lower your premium is. It is crucial to decide on the deductible amount before buying insurance.
- Is there a 24-hour claims service? Getting into a car accident is very stressful. If that happens, you want to ensure that your insurance has a 24-hour claim reporting service so that you can reach out to them anytime.
NCIB Group Inc. in Chicago, IL – An Insurance Company You Can Rely On
If you are looking for an insurance company in Chicago, IL, or any other nearby area, NCIB Group Inc. is the one you should contact. We specialize in all types of insurance, including auto insurance, and we will help you find a perfect plan based on your insurance interests and needs. If you have any questions or want to know more, feel free to call us.