What is Loss-of-Use Coverage Include in My Niles, IL Homeowner’s Insurance?

Your Niles, IL homeowners insurance is designed to protect your home and personal property against various hazards like storm damage, theft, and fire destruction. When a disaster occurs, your homeowner’s insurance policy will step up to help you recoup the costs of those items that were destroyed or stolen. But did you also know that many homeowners insurance policies, including those offered by our team at Bob Korvas Agency Inc., go a step forward to also include what is known as loss-of-use coverage?

The Basics of Loss-of-Use Coverage and What it Includes

As its name suggests, loss of use coverage is designed to cover any living expenses you incur as a direct result of being forced out of your home due to a disaster event. This type of coverage is also sometimes called additional living expenses as it allows policy holders to be reimbursed for a variety of expenses related to daily living. For example, the following are just a few of the type of expenses a loss of coverage policy will generally include:

  • Temporary residence (i.e. hotel or apartment) while the home is being repaired or cleaned following a disaster
  • Moving costs and/or storage costs for any household items
  • Restaurant and food-related expenses over what would have been normally spent before the disaster
  • New laundry expenses
  • Pet boarding
  • Excess fuel and transportation expenses 

As you might expect, loss of use coverage can offer homeowners and their families some often much-needed assurance and financial assistance following a disaster. Note that, as with many other types of insurance coverages, there are limits to these types of policies and it’s important to review your home insurance policy to better understand what is and isn’t covered and to what amount. Contact our team at Bob Korvas Agency Inc. for more information. 

Common reasons why everyone needs life insurance

A reality of aging and changing responsibilities is the need to plan for the future. Much like writing a will or transferring property to family members, life insurance has become an important part of end of life planning, which is just as important as any traditional legal documentation that handles property and assets after death. Life insurance is also a good idea for those who are younger and may be concerned about protecting their families in the event of an emergency. Here are some common uses of life insurance. 

1. The amounts needed for proper coverage may be significant. The amounts needed to provide adequate life insurance may be several times a worker’s annual salary, which most other forms of coverage do not allow. To reach this amount, life insurance is often a better option than relying on means such as savings and investments.

2. It gets more expensive as you age. Those who wait until they are into their fifth decade or later before purchasing coverage for their first time may find that the rates are way beyond what they would have paid by getting rates just ten or fifteen years earlier.   

3. For family protection. Having one spouse or family members who are suddenly responsible for your mortgage and children can be a much larger financial burden than expected. Expenses are likely to be very high during this transition period, and not having life insurance can cause severe disruptions.  

Bob Korvas Agency Inc. serving Niles, IL has extensive experience with life insurance and can discuss these issues with you further. For those who live in Niles, IL and the surrounding areas, Bob Korvas Agency Inc. is the best option to provide you with assistance and local knowledge of state insurance laws.  

Insuring the Stay-at-Home Parent: Is it a Good Idea?

Most of the time when a client in the Niles, IL area is looking for a life insurance policy from Bob Korvas Agency Inc.they are concerned about replacing the income of the working parent.  However, as many families are discovering, it can make better financial sense to have one parent stay at home while the kids are in elementary school. But what happens when the spouse that cares for the kids during the day passes away? You might be surprised.

The Cost of Two Working Parents Continues to Rise

Daycare can cost $12,000 to $10,000 per year. Once you have more than one child, that expense can easily eclipse the earnings of the second parent. Should both parents have high-powered positions, the live-in nanny will require a salary and benefits. How is it affordable? It isn’t, and that is why many families are returning to the one working parent model for a time.

What Happens if the Caretaker isn’t there?

If the stay-at-home parent suddenly passes away, it now becomes essential that the remaining parent have some kind of daycare set up.  Where will that extra $20,000 per year come from? For how many years? A term life insurance policy for the stay-at-home spouse could leave enough cash for the family to work out a new future that maintains the accustomed standard of living and care.

Make Saving for College a Priority

Perhaps you might be able to pay for the daycare, but at the cost of eliminating the college savings plan. Wouldn’t it be better to have both? That extra life insurance policy could guarantee that even with one parent your kids can be set up for future success.

Talk to your agent at Bob Korvas Agency Inc. about the benefits of adding a life insurance policy for both parents in your Niles, IL working home today.


Protecting Your Home From Natural Disasters Caused By Climate Change

The agents at Bob Korvas Agency Inc. serving Niles, IL, and the surrounding area, are issuing this severe weather warning to their existing clients and to new clients. Global climate change is now responsible for shifting the normal weather patterns in such a way that causes more natural disasters, such as hurricanes, tornados, earthquakes, and flooding.

Floodplain Expansion, Drought, and Wildfires

Increasing portions of land, which are not included in the 100-year floodplain maps that are published by the Federal Emergency Management Agency (FEMA). These expanded areas are now subject to the risks of damage by the overflowing of rivers, broken dams, stronger flooding, and dangerous mudslides.

Major metropolitan areas like Miami and New Orleans, cities and towns located on beach areas, and homes on islands, are regularly experiencing flooding from higher tidal flows. Rainfall is reaching historic levels in many areas, while being completely missing in other areas, such as the extended drought in California. The long-lasting dry weather on the West Coast caused the conditions responsible for thousands of wildfires.

Increased Need for Insurance

For many homes, there is now a need for additional home insurance coverage as a result of the increased risk of damage by natural disasters. Homeowners now pay extra for the damage caused by extreme weather in the forms of larger deductibles, increased premiums, and less overall coverage.

The National Flood Insurance Program increased it annual premiums because rain and storm damage, along with expanded areas being flooded, compromised the financial stability of the program. In 2012, Congress started reducing home insurance subsidies and updated its actuarial tables to calculate insurance premiums based on the new flood risks.

Contact your agent at Bob Korvas Agency Inc. in Niles, IL today to make sure your home insurance is sufficient and that you have has enough coverage as well as the correct types of coverage, in order to mitigate these extra risks of damage due to climate change.

Is Damaged Caused by Snow Plows Covered Under Auto Insurance in Niles, IL

In Niles, IL, the agents of Bob Korvas Agency Inc. work with clients who have received damage due to many winter mishaps. One of the most common problems is damage caused by snow plows. While insurance agents recommend their clients park their vehicles in safe places to protect them from the effects of the weather, this is not always possible. It is important to have the best coverage possible in areas where this type of damage occurs to protect yourself from heavy financial loss. 

In the majority of cases, the type of damage will determine whether or not it is covered. If the damage is the result of the snow plow throwing snow or ice into the vehicle, comprehensive auto insurance may cover the cost of the repairs. If the snow plow collides with the vehicle (either the plow or the truck itself), the damage would normally be covered by the owner’s collision policy. If the vehicle was properly parked in an that is legally marked for parking or was sitting on the owner’s property in a driveway, the owner of the vehicle may be able to turn the damage into the snow plow company and have their insurance company pay for it. 

Residents who live in Niles, IL are encouraged to call the agents at the Bob Korvas Agency Inc. to have all of their questions pertaining snow plow damage answered. If you are in doubt as to what your auto insurance policy covers and what is excluded, call the agency today. An agent will discuss your policy with you and help you to make the best choice possible when it comes to both collision and comprehensive coverage.

Increasing Neighborhood Safety by Purchasing Better Home Insurance

What does it mean when a would-be criminal walks by a window that was broken after the last bad storm? It could mean that they think there aren’t very many people paying attention to the state of the neighborhood. One of the biggest reasons that streets maintain their value is because people take the time to maintain their property no matter what happens,  and home insurance is a large part of that. Find out more about how it works from Bob Korvas Agency Inc.

Being On the Ball 

The best homeowners in Niles, IL are the ones who simply don’t let things slide. Whether it’s a broken shutter, a damaged shingle, or a major crack in the foundation, they’re getting it taken care of without delay. This type of attitude is the same driving force that would alert the police if there was a suspicious character and discourage the wrong types of people from finding out more about who’s living within the houses on the block. While crime can never be eliminated completely, these precautions can go a long way. 

Finding Home Insurance that Works 

When you don’t have the money in your bank account to make all the repairs you need, this is where home insurance can be extremely handy. When unexpected events happen, you need a way to make those fast repairs that don’t send the wrong message and that not only keep your family safe but your neighbors’ families too. The less crime you have and the more you keep up on this kinds of damage control, the more likely it is that your home values will continue to rise too. Bob Korvas Agency Inc. serves Niles, IL, and can help you find the best policy to keep yourself and your neighbors safe, so call today!

Residential Noise Pollution: Have We Silently Learned To Live Without Silence?

What is Noise Pollution?

The agents and staff at the Bob Korvas Agency Inc. are glad you asked. There is no easy definition of noise pollution because it changes to each’s discernment.

What is noise to one can be soothing sounds to another? Pollution is when something becomes an irritant. With waste products that infiltrate our air, water or environment it much easier to classify and define. Noise, however, is not a tangible object.

On a spring day, a couple of neighborhood kids playing basketball at a corner home in the culde-sac and the noise that event elicits can be categorized as noise pollution to someone who doesn’t want to hear children playing. Birds chirping in the trees can be noise pollution to someone who is irritated by the sounds of spring. 

Though it is not easily defined doesn’t mean that attempts have not been made by authorities in Niles, IL and all over the country. There are ordinances in place to define noise pollution. There are categories and decibel levels that must be reached before the police can be called in to have your neighbor turn down the music at their barbecue.

Consideration is key to living peaceably with your neighbors. In addition to considering your neighbor’s circumstances surrounding their noise contribution, communication is critical to that consideration. 

The Bob Korvas Agency Inc. located in Niles, IL serves your home insurance needs and specialized in various other types of insurance as well. Everyone has different types of questions when it comes to insurance. If it were easy, then there would be no need for licensure or certification. Let us assist you with your concerns. There is no stupid question when it comes to protecting your health, and your assets. 

How To File a Claim if Your Home is Broken Into

Filing a claim when your home has been broken into is not entirely different from the process that you follow when your home is damaged and in need of repair. It is important that you know the basics of filing a claim in any event but especially in the case of a more common occurrence like a break in. For those in the Niles, IL area, the agents with Bob Korvas Agency Inc. can walk you through the step by step claims process. Until then, however, here is a brief look at what you need to do.

After your home has been secured by police and it is safe to go inside you will need to do a few things. First, take note of the damage that was done to enter the home. Was the door kicked in? Was a window broken? Was a screen cut? Or did the thief use other means to enter your home that leads to damage? This is going to be something that the insurance company is going to work to repair so that you can get back to living in the home. Locks will also need to be replaced in all likelihood.

After you survey the damaged caused when the thief gained entry, you want to look at what was stolen. Televisions, electronics, money, jewelry, guns, credit cards and more are often what thieves look for when they enter homes. Take the time to make a list of what was taken so you can claim it on your insurance. Next, you want to take note of any other damage that was done. Were mattresses cut open? Upholstery on the sofa cut up? Or was there any other notable damage? Your insurance company will cover both damage and stolen property. Your agent with Bob Korvas Agency Inc. in the Niles, IL area can help you fill out your claim and get back to living.

Considering Home Insurance: Tips, Benefits and Tricks

To get to the heart of insurance in Niles, IL, it means thinking about events that you’d rather not think about. This is entirely understandable but can lead to disaster for you and your family. Bob Korvas Agency Inc. wants you to know more about the tips, benefits, and tricks of home insurance in your area for a better general understanding. 


The best tip we can give you is to plan for your home. This means that just because your sister pays a certain premium, you’re not basing your own costs off of hers. You may have more to protect or different priorities. You should also be willing to consider how you would pay for a variety of events that may happen. If you don’t have the savings to cover an incident, then you may want to make provisions for it in your policy. 


Home insurance saves people thousands of dollars in out-of-pocket costs every day. Bills add up quickly, and the only way to keep a roof over your head may end up being your insurance. It gives people a sense of control when they can make their own decisions about what to do, rather than having to call upon friends or family to help. 


Finding a person who can answer questions about insurance is one of the best tricks Bob Korvas Agency Inc. can give the people of Niles, IL. You’re not going to be able to memorize every detail, so having helpful advice gives you a means to make informed decisions. If you’re shopping around for a new policy or you’ve just put the first payment down on your home, give us a call to see how we can help you figure it all out today. 

Packing Tips that Make Moving Easier

No one likes the process of moving. It can be a very stressful time for everyone involved but there are ways to make it a bit easier. You want your move to the Niles, IL area to be as simple as possible and you can do just that when you use these tips from Bob Korvas Agency Inc. 

  • Color code your boxes. When you are packing, you should code your boxes based on the rooms they will go in. For example, use yellow for all kitchen boxes. Then when you move, these boxes can be placed in the right rooms so your unpacking process is easier. 
  • Label your boxes. Put some basic content information on the outside so you know what kinds of items are in the boxes. 
  • Keep an inventory. Even though you are marking the boxes, you should keep a detailed inventory separate so you can easily find smaller items when you need them, even if they are not unpacked yet. 
  • Pack a box for the first night. After moving, you will not want to unpack anything yet so instead, make sure that you have one box with things like bed sheets, towels, shampoo, toothbrushes, toothpaste, and anything else you will need on the first night. You will thank yourself for this later when all you want to do is get cleaned up and fall into bed. 

Now that you know your game plan for packing, you need to get a home insurance policy that can help protect you, your family, your finances, and your investment. If you do not already have a good home insurance policy in place, be sure to contact Bob Korvas Agency Inc. serving Niles, IL today. They can help you explore your options and get your a good quote that will work with your budget.