Condo Master Policy vs. HO-6 in Illinois: Coverage Gaps and a Buying Checklist
Condo insurance in Illinois usually involves two layers of protection: the condominium association’s master policy and the unit owner’s own policy, often called an HO-6 policy. The important question is not simply whether both policies exist. It is whether they fit together without an avoidable gap. Illinois law establishes requirements for association insurance, but the […]
Landlord Insurance in Illinois: Liability, Loss of Rent, and Rental Property Checks
Landlord insurance in Illinois is designed for property that is rented to tenants rather than occupied by the owner. Depending on the policy, it may protect the rental building, landlord-owned property, premises liability, and rental income lost after a covered property loss. A standard homeowners policy may not fit a regularly tenant-occupied home. Before renting […]