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9651 W 153rd St. Suite 51
Orland Park, IL 60462

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Does RV Insurance Cover the Furniture and Belongings Stored in the RV?

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If you own an RV, you need to purchase RV insurance. One of the questions that RetireMax Insurance, serving the Orland Park, IL area, is often asked about in regards to RV insurance is whether RV insurance only covers the RV itself, or if the insurance covers the furniture and household goods that may be stored in the RV as well. 

Does RV Insurance Cover the Furniture and Belongings Stored in the RV?

RV insurance may cover the furniture and belongings that are stored in your RV, depending on the type of insurance plan you select and the coverage you select. Comprehensive insurance helps to protect your RV, as well as the items stored inside of the RV, in case your RV is stolen, burglarized, damaged in a fire, or destroyed by a flood.

Collision RV insurance may help to cover the furniture and belongings stored in your RV if they are damaged by an accident while your RV is being transported. However, some RV insurance policies will exclude the furniture and belongings stored in your RV, so always be sure to read the specific wording in your RV to find out what is and is not covered by your policy. 

Contact Us Today

When it comes to RV insurance, having the right RV insurance policy is key to ensuring your RV is covered, regardless of what may happen. The insurance agents at RetireMax Insurance, serving residents in the greater Orland Park, IL area, can help you find and purchase the perfect RV insurance policy for your needs. Call us to schedule an appointment with one of our friendly and knowledgeable agents. 

Motorcycle safety tips

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RetireMax Insurance in Orland Park, IL is happy to assist our clients who own a motorcycle with insurance coverage. We also are here to provide related guidance on motorcycle safety tips.

Riding a motorcycle can be a lot of fun, but it’s also important to remember that it’s a dangerous activity. There are a few basic safety tips that everyone should follow when riding a motorcycle, and if you’re not following these tips, you could be putting yourself at risk.

Here are some of the most important safety tips for motorcyclists:

The first tip is to always wear a helmet when riding. This is the single most important safety item that you can wear, as it will protect your head and reduce the risk of serious injury in the event of a crash.

Another important safety tip is to wear protective clothing while riding. This can include jeans, a leather jacket, and boots that offer additional protection in case you are involved in an accident.

In addition to wearing proper gear, it’s also important to use common sense and follow the rules of the road. This means avoiding drunk driving, never speeding, and always being aware of your surroundings while you’re riding.

If you’re new to motorcycling, it’s also a good idea to take a motorcycle safety course. These courses will teach you how to ride safely and help you feel more confident on your motorcycle.

By following these safety tips, you can help reduce your risk of injury while riding a motorcycle. So make sure that you practice safe riding habits and always keep safety in mind whenever you get on your bike.

Get Motorcycle Insurance Today

You want to be safe while riding a motorcycle and also have the right coverage for your vehicle. Give us at RetireMax Insurance Insurance a call today. We proudly serve Orland Park, IL and the surrounding areas. 

What happens if you are involved in an accident while transporting your boat?

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If you are a boat owner in the Orland Park, IL area, you can rely on the team at RetireMax Insurance for all of your boat insurance needs. Contact our office today and find out more about how to protect your boat with a comprehensive insurance policy. 

What to do if you have an accident while transporting your boat

Many folks in our area transport their boats to and from the water using a trailer. This means that there are more chances for their boats to be involved in an accident when they’re on the road. 

If you are involved in an accident while towing your boat, the very first thing to do is to get to a safe location. Once you have reached safety, you’ll want to call the authorities to make a report of the incident. After everyone is safe and the police have been notified, you’ll want to call a towing service.

Make sure that the towing company that you use is approved by your insurance carrier. Be sure to take photos of the towing vehicle as well as the boat to document any damage that has occurred. You will want to have a thorough inspection completed on your boat to ensure that it is still seaworthy.

Don’t forget that when you are towing your boat, you will need to have adequate insurance to protect it from damage. Not all policies provide the same amount of coverage. 

Give us a call today!

RetireMax Insurance is proud to serve the insurance needs of our friends and neighbors in the greater Orland Park, IL area. Give us a call today and find out more about the boat insurance policy options that are available in our area. 

Umbrella Insurance: How It Works and What It Covers

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What is umbrella insurance? Simply put, this is added liability coverage that kicks in when you have exceeded your underlying liability limits on your auto or homeowners insurance policy. RetireMax Insurance in Orlando, Park IL is here to provide the essential details on umbrella insurance to help you determine whether it’s right for you.

How Does Umbrella Insurance Policy Work?

Imagine a scenario in which you’re involved in an at-fault accident that leaves you liable for far more than your liability insurance covers. Let’s say you’re liable for a whopping $1 million in damages and medical bills, but your insurance stops at a maximum of $500,000. 

That’s where umbrella insurance comes in. It covers the other $500,000 so you don’t have to sell your assets or use your precious savings. Umbrella insurance also works for your home insurance, meaning you’re covered in case you’re liable for an amount that exceeds your home insurance liability limits.

What Is Covered By an Umbrella Policy?

Umbrella insurance typically covers:

  • Bodily injury
  • Property damage
  • Defamation claims
  • Other lawsuits, such as false arrest

What’s Not Covered By an Umbrella Policy?

Umbrella insurance doesn’t cover:

  • Your own injuries
  • Damage to your property
  • Liability assumed as a business, i.e., while under contract
  • Liability as a result of intentional harm

Do I Need Umbrella Insurance?

Umbrella insurance is generally ideal in situations where:

  • You own property
  • You’re a landlord
  • You own recreational vehicles, such as boats
  • There’s a high risk of being sued
  • You’re a high-net-worth individual

Contact Us Today

There’s more to understand about umbrella insurance, and RetireMax Insurance in Orland Park, IL is here to help. Get in touch with us to learn more about what your policy covers and how much coverage you may need.

How to Find the Right Commercial Insurance

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Running a business or commercial enterprise carries some risk, regardless of the size of your operations and industry. Investing in commercial insurance helps with business risk management. The big question is how to find the right commercial insurance? RetireMax Insurance has some great tips to help you streamline your options.

How to Find the Right Commercial Insurance

Consider the Needs Of Your Business

Your business is unique, so it makes sense to find customized commercial insurance that meets the needs of your business. There are many factors to consider, such as the types of risks you face, the number of employees you have, and the amount of coverage you would be happy with.

Decide Which Deductible and Monthly Premium Is Right for You

Whether you’re looking for workers’ compensation (employers’ liability), public liability, product liability, or specialty insurance, you can always find a customized package that works for your budget. That said, it’s essential to assess your risk tolerance, the scope of coverage, and assets when choosing a deductible and monthly premium that’s right for you. Overall, there are many points to consider regarding insurance costs.

Get In Touch With RetireMax Insurance

Are you operating in Orland Park, IL and ready to explore your commercial insurance options? The best place is to rely on our expertise and experience to find the right commercial insurance for you. The truth is that commercial insurance involves many moving parts, such as policy coverage, terms, and rates. 

With an expert to guide you through the process and answer all your burning questions, you’ll be on your way to choosing the best commercial insurance for your business in no time!

Contact Us Today

If you’re in Orland Park, IL, you’re already in the right place. Don’t hesitate to call or contact RetireMax Insurance for more information on how we can help you protect your business assets and investments.

Health Insurance Vs. Life Insurance: What’s the Difference?

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RetireMax Insurance services the city of Orland Park, IL and surrounding areas. Besides offering reputable insurance products, RetireMax Insurance also invests its resources in providing helpful answers to frequently asked questions. One common question that we often hear pertains to the difference between health insurance and life insurance.

Here’s what you need to know:

What You Need to Know About Life Insurance In Illinois

You may be wondering whether to invest in a health insurance plan. If you have life insurance, you may also wonder if it’s enough. Life insurance protects your family financially by providing your beneficiaries with a lump sum of cash when you pass. On the other hand, health insurance addresses a different but crucial need.

Why Health Insurance Also Matters

We all take good health for granted, but are you prepared for the unexpected should your health fail? This is where health insurance comes in. Health insurance can be the financial buffer when you fall ill and have to cover unexpected high medical costs. It typically covers hospitalization expenses, doctor visits, prescription drugs, and other associated costs.

All you have to do is pay your regular monthly premiums on time. If you choose a plan with a deductible, it means you also have to pay a specific amount to pay for covered health care services before your insurance plan takes over. You can choose your desired coverage, though comprehensive coverage comes highly recommended. The good news is that you can find customized health insurance options to suit your needs or pocket. For instance, your health insurance coverage may be short-term, or you can find policies that supplement your major medical plan. 

Give Us A Call

As you can see, health insurance serves a very different purpose from life insurance. Generally, experts recommend that you have both types of insurance for added peace of mind.

Are you interested in learning more about health insurance? The professionals at RetireMax Insurance can help. We serve the greater Orland Park, IL community, so don’t hesitate to contact us today.

Condo Insurance FAQs

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Whether you reside in a traditional household or own a condominium, it’s imperative to have the proper protection against accidents, liability, and unexpected occurrences in your home. If you own a condo in Orland Park, IL you must be aware of condo insurance. But do you comprehend how this insurance functions? Do you know what it covers? For credible and reliable answers to these conflicting questions, keep reading as RetireMax Insurance gives answers to frequently asked questions about condo insurance. 

Condo Insurance FAQs

What is condo insurance?

It is an individually designed coverage meant for condo owners that protect the interior of their condos against imminent damage. Depending on your Condo Owners Association(COA) policy, your condo insurance safeguards the interior walls, appliances, and other personal belongings.

Is condo insurance mandatory in Illinois?

Just like homeowners insurance, condo insurance is not mandatory in Illinois. Nonetheless, if you finance your condo through a mortgage, your lender will require you to maintain condo insurance to safeguard the interior of your condo. In addition, even if you have cleared your entire outstanding loan amount, you must still purchase condo insurance since many condominium owners may demand it.

Am I not covered by COA master policy?

Most condo owners get entangled in a state of confusion about why they require condo insurance, yet their condo gets protected by the COA master policy. COA’s master policy get tailored to cushion damage to the exterior of your building, encompassing areas such as the lobby, elevators, and common areas. Additionally, it covers injuries to visitors arising from common areas like swimming pools.

What does condo insurance cover?

Dwelling coverage: Safeguard your interior, including alterations or betterments you have made, including your appliances and fixtures, against perils like theft and vandalism.

Personal property coverage: It shields your assets such as clothing, appliances, and furniture against loss or damage.

Loss of use or additional living expense: Protect you when your condo is unlivable. It caters to other costs like hotel bills after residing elsewhere when your condo is being repaired.

Liability coverage: It provides bodily injury and property damage protection, including legal fees arising from parties who filed lawsuits after injuring or damaging their property.

Contact Us Today

If you are willing to discuss condo insurance coverage options in Orland Park, IL please don’t hesitate to call or visit us at RetireMax Insurance. We handle all the work while you save.

Should I purchase Life Insurance for My Children?

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One of the most frequent questions any insurance provider, including RetireMax Insurance serving Orland Park, IL, gets is who should get a life insurance policy.  Believe it or not, that question very often includes whether or not children should be insured.

Parents are frequently presented with this dilemma and it can be a perplexing question to answer.

So why should parents purchase a life insurance policy for their children? 

One of the biggest advantages to purchasing a life insurance policy for your children is that they almost certainly won’t have to undergo a medical examination like adults have to.

Additionally, children are nearly guaranteed to be insured if a policy is purchased when they are young. Already having a policy means that even if your child should develop a chronic illness or other medical condition, or if they choose to have a dangerous job or hobby, they will already have a life insurance policy.

Another great reason for purchasing a policy for your children when they are still children is the fact that the premiums will be much lower than they will be as your children age. The younger the policyholder is, the lower the premium and the more value it will gain since it will be held for a longer amount of time.

Finally, while odds are very low that a child will pass away, having a life insurance policy for your child means that their funeral expenses would be covered, which could provide invaluable peace of mind to mourning parents if the unthinkable occurred. 

To find out more about life insurance for policyholders of every age, contact the professionals at RetireMax Insurance serving Orland Park, IL today!

Why basic auto insurance may not be enough

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Illinois has 8.5 million drivers, which is a lot of people to share the road with. The state does not make the top 10 safest states for drivers which makes it imperative that you are aware at all times of the other drivers around you and have a good auto insurance policy. At RetireMax insurance in Orland Park, IL we locally owned and operated and have been in business for more than 25 years. We strive to provide our customers with the best products at the best price. 

In the state of Illinois, basic auto insurance is liability coverage. The mandated amount is 25/50/20. What those figures mean is your policy will pay $25,000 for injuries for one person in an accident where you are at fault and if more people are injured, the total will be $50,000 maximum. Basic auto insurance allows $20,000 for damaged property. That is pretty basic especially if it is a newer car. 

While these are adequate amounts, they may not be right for you. Given what a hospital visit can cost or even just a visit to the ER, you may want to at least double the basic amount.  The property amount is low as well considering the price of new vehicles. If the damage in an accident goes beyond the limit you have, you are responsible to pay the overage out of your own pocket.

If you have a car loan or if you are leasing you will need to add collision and comprehensive coverage. Even if you don’t owe anything on your vehicle, having collision and comprehensive will allow you to repair or replace your vehicle. If you count on your vehicle, this is important.

Get in touch with RetireMax insurance in Orland Park, IL when you are ready to discuss your auto insurance needs. 

Do Illinois Businesses Require Commercial Insurance?

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Featuring over 1.2 million businesses, Illinois is an excellent state for conducting business. But before starting a business here, it’s prudent to understand the nitty-gritty of commercial insurance. RetireMax Insurance from Orland Park, IL can share insights about business insurance.

Mandatory business insurance in Illinois

If you own a business in Prairie State, you need to carry the below commercial insurance options to avoid civil and criminal penalties.

  • Commercial auto insurance: It’s required for all vehicles used for commercial purposes. It covers your driver and vehicle when an accident occurs. However, if you use a personal vehicle to carry out business operations, your auto insurance won’t cover damages when involved in an accident.
  • Workers’ compensation insurance: Whether it’s seasonal, part-time, or full-time employment, Illinois requires you to purchase workers’ comp insurance if you have more than one or more employees in your business.

Optional commercial insurance

While the state doesn’t require businesses to carry these commercial insurance coverages, they are critical for the business. These are: 

  • Business liability insurance: Protects the business against advertisement injury, property damage, and bodily injury liabilities caused to third parties. 
  • Commercial property insurance: Protects your building and equipment from damage against fire, theft, hail, vandalism, and so forth.
  • Business owners insurance: Combines commercial property insurance and business liability insurance to make it affordable and simple for businesses.
  • Cyber insurance: Because of increasing internet use, cyberattacks are becoming increasingly common, resulting in data breaches and other unspeakable damages. Cyber insurance covers client notification costs, legal costs, and data recovery costs after a malicious online attack.
  • Professional liability insurance: Protects professional businesses from alleged negligence and missed deadlines. 
  • Business income insurance: Compensates for lost income as a result of disruptions emanating from a covered risk.

Commercial insurance near me

Are you looking for commercial insurance for your Orland Park, IL business? Please contact RetireMax Insurance today for a quote.

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