Dealing with the Winter Blues

The winter can bring the blues. Often, we find ourselves stuck inside the house as the temperature drops and the snow falls. This isolation can easily bring on the winter blues. To get yourself out of this rut, there are a few things you can start doing today. Read on to learn how to break the winter blues for good this season.

Get out of the House

Isolation can feel impossible to break sometimes, but it’s easier than you think. You just need to take that first step. Call a friend and meet for lunch, set up a playdate with another parent and their children, visit a relative, go shopping, or take a friend to the movies. Once you’re out of the house, you’ll begin to feel much better and it will be easier to get out of the house again the next day.

Take a Vacation

Miss the sun? There are plenty of states where the sun is still shining all winter. Consider taking a vacation to a place like Florida, California, Lousiana, Arizona, or another perpetually sunny place. Once the warmth and light hit your skin, you’re sure to feel much better and get recharged to face the rest of the winter season in Niles IL.

Exercise

While hot chocolate and a day spent watching TV may sound like the best remedy for the winter blues, exercise is actually one of the best ways to improve your overall health and mood. Consider joining a gym, making it a point to go for a walk every day, or taking a spin class or yoga class. Whatever way you choose to exercise, getting your heart pumping and oxygen flowing throughout your body will make you feel so much better.

Purchase Health Insurance

If you’re feeling down during the winter season in Niles, IL, you may need to consult your doctor. Do you have health insurance? If not, now is a good time to start looking for health insurance with the help of a reputable agency like Bob Korvas Agency Inc. These agents will help you find the right coverage at the right price for your health insurance needs. The team at Bob Korvas Agency Inc. is available to take your call today.

 

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.  

Protect Your Business With Commercial Insurance

You have put all kinds of time, energy, and money into your business. It isn’t just your personal livelihood but that of all your employees. Due to this, should anything happen to it you and all your workers might be completely out of work, not to mention you can be out of a sizable investment. If you run your business in or around Niles, IL, it is important to protect your business with commercial insurance. Bob Korvas Agency Inc. can help you find the right coverage for your professional needs. 

Damage To Your Property

Even if you rent out the property itself the valuables inside the business are not protected by the owner’s insurance. So whether you have valuables machines inside the storefront or merchandise was stolen or damaged, you can protect yourself from unnecessary expenses with the help of commercial insurance. 

Worker’s Compensation

If someone is injured while at work it is your responsibility to help pay for the medical bills and other expenses (as long as they were injured doing their regular work and not from a non-work related issue). Worker’s compensation will help you pay for this. You shouldn’t have to pay for the medical bills out of pocket, as this will become expensive. Worker’s compensation is there to help you and your workers every step of the way. 

The right commercial insurance will protect your business in any number of ways. It will help pay for worker’s compensation while also giving you money if your business is robbed, broken into or damaged in any way. You’ve put all kinds of money, time, and energy into your business. You also need to protect it. If your business is is or around Niles, IL, the Bob Korvas Agency Inc. is here to help. 

Motorcycle Safety in Winter Weather and Motorcycle Insurance in Niles, IL – What You Need To Know for 2019

At Bob Korvas Agency Inc. we understand that motorcycle rider are passionate about riding in all weather conditions. While many people ride less often in the darker, colder months, or stow their bikes altogether, it is still of the utmost importance to maintain upkeep on your cycle.

With winter weather officially upon us, winterize your bike.

  •  Steps, notes on how-to. (Fluids, battery, tires, etc)
  •  Winter riding items for warmth and safety. (Suits, boots, gloves, warming gear, tire warmers, windscreens, etc)

Be aware of current weather and road conditions around Niles IL Cold, damp roads, as well as de-icers and salt on the street, alter the texture of the roads you ride on every day. Consider an alternate route if one is available.

And as always, make sure your insurance is up to date! Your cycle is a valuable investment, and your safety is essential. Both are important to us. Call Bob Korvas Agency Inc. and speak to a member of our team. We will help you and your cycle stay protected so you can enjoy this winter.

With another new year just around the corner, now is a great time to (update your policy, shop for a new policy).

  •  Information about motorcycle insurance throughout IL. (Current requirements, averages)
  •  Niles IL laws (New and old – what’s changing)
  •  Expected increases (How much, why, and when)

Let Bob Korvas Agency Inc. help you start 2019 off right: make it your New Year’s resolution to make sure your motorcycle insurance policy is up to date. Call today and speak with one of our representatives. Together we’ll keep you tuned in to all your current insurance needs!

What Is Umbrella Insurance And How Much Do You Need? Find Out Here!

There was a time when homeowners’ insurance and an auto indemnity plan was enough to protect you from financial ruin. Standard assurance policies in this day and age, however, may not be enough to keep you covered when accidents occur in Niles, IL. Bob Korvas Agency Inc. can help you find the right umbrella insurance plan so that you are fully protected when tragedy strikes. 

What is umbrella insurance?

You can consider umbrella insurance as your safety net when your standard assurance policies fall short. This type of indemnity plan pays the difference when your auto or homeowners’ insurance policy limits are exhausted. 

Say, for example, you have a car accident that leads to more than $20,000 in property damage. Your policy limits, however, only guarantee $15,000 in payment for repairs. You are still responsible for the remaining $5,000 even if your insurance plan does not cover such amount. Umbrella assurance would help in this instance as a plan could pay for the additional expense. 

Does umbrella insurance have policy limits?

Just as with any other indemnity plan, umbrella insurance has its limits. The amount of extra coverage that you receive when you need it the most in Niles IL depends on the premium amount that you are willing to pay. You may not have the biggest safety net if you want to pay as little as possible every month. On the other hand, you may find your added protection to be endless if you opt to pay more in premium amounts. 

How much assurance do you need?

The amount of umbrella insurance that you need depends on your lifestyle. You may want to pay more if you have assets that can be taken in a lawsuit should your traditional assurance policy fall through. It may also be necessary to buy a more expensive assurance plan if you do not have thousands in the bank to pay if your policy limits are exhausted. 

Bob Korvas Agency Inc. can help you determine the umbrella insurance plan that fits you best. Contact them today for a quote!

What is Dental Insurance?

The world around us is constantly changing and healthcare is one of those things.  Laws and rules change almost constantly so it can be hard to know how things work.  We may assume that dental is covered under medical, but most of the time it is not.  Bob Korvas Agency Inc. wants you to understand so you can make an informed decision when purchasing insurance.

Dental Insurance

The Basics

Niles IL is a nice place to live, but life can be stressful if you don’t know your way around insurance.   There are options to choose from when selecting a dental policy and some give you more coverage than others. 

PPO

Preferred Provider Organizations tend to give more flexibility.  Dental PPOs typically offer a larger network of dentists, but it comes at a cost.  Monthly premiums run higher than other options available.

HMO

Health Maintenance Organizations provide limited coverage for a reduced cost.  Dental HMOs provide their members with a list of contracted providers and a primary dentist must then be selected.  If members see someone who is out of network insurance won’t pay.  Referrals to a specialist must be made by the primary dentist. 

Dental Indemnity

Dental Indemnity policies require the member to pay the dentist directly and then submit a form for reimbursement.  Disadvantages of this type of policy include long waits for reimbursement, but they have greater flexibility in selecting a dentist.

Dental Savings Plans

Dental Savings Plans are exactly that.  They are not dental insurance.  All they do is provide a discount for services to people who pay an annual membership fee.

Bob Korvas Agency Inc. knows that Niles, IL residents may still have questions so they can be reached by phone at 847-470-8830 or by email by going to their website and filling out the online form.   

Can You Change Health Insurance Carriers During Your Pregnancy?

At Bob Korvas Agency Inc. serving the greater Niles, IL area, we are often asked questions pertaining to health insurance policies and pre-existing conditions. Many people do not understand the way the laws work for pre-existing conditions and their health insurance policies. One of the more specific questions that we are often asked is whether you can change your health insurance provider when you are pregnant. Here is what you need to know about this topic. 

Can You Change Health Insurance Carriers During Your Pregnancy?

You can change health insurance carriers during your pregnancy. However, if you are purchasing a private policy, pregnancy is considered a pre-existing condition. As such, you may have to declare that you are pregnant and your premiums may be significantly higher. Pre-existing conditions do not come into play with employer-sponsored health insurance plans or plans you are buying from the health insurance marketplace. 

Does Pregnancy Count as a Life Changing Event for the Health Insurance Marketplace?

You can only change or purchase a new health insurance plan through the health insurance marketplace for a life-changing event. Becoming pregnant does not qualify as a life-changing event. As such, unless it is open enrollment period, you will not be able to change your plan or purchase a new one simply due to the pregnancy. Once you have your child, it is considered a life-changing event, and you will be able to change or buy a new policy at that time. 

If you are pregnant and looking to change health insurance in the greater Niles, IL area, Bob Korvas Agency Inc. can help you. Give us a call today and let us help you find the best health insurance plan for your needs and budget. 

How to Get Commercial Insurance for Your Rental Properties

Obtaining commercial insurance for your rental property is easy to obtain through Bob Korvas Agency Inc. The demand for Niles, IL real estate continues to increase, and Property Management must fulfill that demand. It is vitally essential for property managers to assess risk appropriately. For example, the most significant threat that property managers have to deal with relates to occupants not paying their rent. Since this is the case, it’s important to take steps to ensure your protection in all cases. Property managers should consider different types of insurance. Obtaining an insurance policy for your commercial property will help you deal with unexpected issues as they will inevitably arise.

Getting the best type of insurance for your company should be simple. You may ask what individual needs commercial property insurance. The answer is anyone that rents or leases property or anyone who hire someone for management purposes or does the management themselves. Any form of management relating to a residential or commercial property should obtain Commercial Insurance.

The type of insurance a business needs will vary upon how many employees are with the company and the types of property owned by the company. General liability insurance will give your business General coverage. This type of insurance is intended for businesses with a physical location. It covers damage to property as well as injuries that occurred to people on your property. This type of insurance does not cover lessees or renters. However, you won’t be held liable for damage to property and personal injuries.

The moment that you open your business you will need general liability insurance at the very least. A general liability policy will protect you if a potential renter is injured while touring one of your properties.

A Business Owners Policy is another type of coverage; also referred to as a BOP. The Business Owners Policy is an insurance package that includes multiple insurance products. It typically involves combining commercial property insurance with general liability insurance. This combination covers property damage, false advertising, and personal injury claims. 
 

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.